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"Ethical Hacking" Please respond to the following:
What would be the consumer buying response to Coca-Cola if the price of Pepsi doubled If the prices of Coca-Cola and Pepsi remained constant, what would be the typical buying response to these products if consumer income was reduced by 30%
The supply of luxury boats is perfectly elastic, the demand for luxury boats is unit elastic, and with no tax on luxury boats, the price of luxury boats is $1 million and 240 luxury boats a week are brough. now luxury boats are taxed at 20 percent..
Question 1. If you lose one customer who spends $50 per month, what is the net loss over a decade? Question 2. What is one of the benefits of treating customers fairly to generate customer loyalty?
Explain why mortgage rates have a given interest fee hence all borrowers have to return funds issued by an increment factor?
What is the monopolist's markup over the competitive price? Does the result of your answer change if the game is played an infinite number of times? Why or why not? Properly use game theoretic terminology in your answer.
A country has the per-worker production function, y=5k^1/2, where y is the output per worker and k is the capital- labor ratio. The depreciation rate is 0.15 and the population growth rate is 0.05. The saving function s=0.2Y wh..
For each of the following pairs of goods, which good would you expect to have more elastic demand and why?
Use a supply-demand graph to show the implications for the equilibrium prices and quantities of the two flavors of ice cream.
Some businesses and industries are controlled by the government; government provides many health and welfare benefits, found in both limited and unlimited governments. This is referred to as?
Suppose that you have following open economy where C = 10 + 0.8(Y-T); I = 10; G = 10; T = 10 and imports and exports are given through IM = 0.3Y and X = 0.3Y* respectively
price levels in local service and long distance were in the past greatly influenced by cross subsidy. What is the nature of cross subsidy, its extent, and its consequences for the pricing of new long distance entrants in comparison to AT&T
What factors are considered in calculation of the CPI? Explain your answer. Where would you find data on CPI and PPI for the United States? What does the current level of inflation tell you about the state of the U.S. economy?
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