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Choose a product from the list. Name and describe the product category below. What types of products are included? (Don’t name companies or brands).
Breakfast Cereal
Dairy products
Footwear
Fruits and Vegetables (canned, pickled and dried) Household cleaning products
Household cooking equipment (ranges, microwave ovens, grills, etc)
Pharmaceuticals (prescription and over the counter)
Refrigerators Seafood (canned, fresh and frozen)
Small appliances (toaster, coffee maker, irons, etc)
Soft Drinks (non-alcoholic beverages)
Suppose household saving is $20, the government spending deficit is $4, and investment is $20.
Illustrate what can be said about the utilization of resources when 20 airplanes and 20 buses are produced. What is the opportunity cost of increasing the production of airplanes from 50 to 60? From 0 to 10 airplanes.
Assume the graphs represent the demand for utilize of a local golf course for which there is no significant competition.
Decide to conduct a SWOT analysis to evaluate the value and risks. Provide a SWOT analysis and briefly discuss each factor.
If you have to make a random guess and there are four possible answers, what is the expected value of guessing?
The advent of personal computers also word processing software which eliminated the market for electric typewriters would be an example
Explicates how the factors determining resource demand differ from those determining product demand.
Q. Explain how and why a monopoly would try to price discriminate. Serving food on weekdays to business people and retired people.
Assume that there are two categories of goods: protein shakes and all other products. A. Show using diagrams how a consumer's demand curve for protein shakes can be derived from an indifference map and a budget constraint diagram. Make sure you expla..
Explain how many hours of leisure does she consume. How many dollars of consumption does she consume.
we want to take a random sample of four accounts in order to learn about the population. How many different random samples of four accounts are possible?
What are the advantages and disadvantages of using the Gross Domestic Product (GDP) as a measure of productivity and economic health? Explain your answers
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