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"How has technology changed the purchasing and selling behavior?" Please apply what you have studied in chapter 4 to this discussion incorporating your personal experience, what happened to your purchasing behavior once you adopted your smart phone, are you being more smartphonic in buying or selling items online. To what extent are you using ebay and amazon or are you still that kind of buyer who wants to check the item before buying it, can you rely on people's feedback (comments) when buying items online. Have you ever ordered a carpet online, how about trees to plant in the backyard, or even your groceries?! How about selling did you find it easier getting rid of your old items and making some money out of it, what are the factors that make you decide on the selling price?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
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What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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