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1. How is the equilibrium price determined? What happens if the price is above the equilibrium price? What happens if the price is below the equilibrium price? 2.briefly discuss the determinants of demand other than price. 3.What is production? What economic factors are involved in production? 4.Distinguish between scarcity and shortages.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
An average yearly rate of 10 to 11 percent in the late 1980s. Illustrate what effect did this decline have on.
An end- of- aisle price promotions changes the price elasticity of a good from - 2 to - 3. If the normal price is $ 10, what should the promotional price be?
Explain would your answer differ if you and your rival were required to resubmit price quotes year after year and if, in any given year, there was a 50 percent chance that Toyota would discontinue the Highlander.
Illustrate what techniques for changing organizational culture has Google used to form its culture.
In the first half of the report you introduce ideas, then in the second half of the report you will discuss and evaluate these ideas to identify what is most important.
Assuming that budget stays same except for interest on debt for 10 years, what will be accumulated debt? What will size of budget be after 10 years.
Some of the production of an economy creates pollution illustrated by the move.
Average cost of producing 70 pies in batches of ten is $5.00 per pie and the average cost of producing 80 pies in batches of ten is $4.50 per pie. Elucidate the marginal cost of the 8th batch of pies.
Discuss how each of the 4 factors contributed to the elasticity of the good.
If you receive a request for proposal (RFP) on a project for four units, illustrate what is your break-even price.
The United Nation's Department of Economic and Social Affairs, Population Division, tracks the total number of foreign-born people by nation.
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