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In the 1990s thousands of "dot-com" companies emerged with great fanfare to take advantage of the Internet and new information technologies. A few, like Google, eBay, and Amazon, have generally thrived and prospered, but many others struggled and eventually failed. Explain these varied outcomes in terms of how the market system answers the question "What goods and services will be produced?"
sometimes a bidder on a work contract may bid lower than what would maximize hisher profit from the contract and the
Consider the market for laptop computers. The demand for laptops is Q = 1800 - 3P. Suppose the supply of laptops is given by Q = -200 +2P. What is the equilibrium price of laptops?What is the equilibrium quantity of laptops?
In 2014, "the United States exported $2.34 trillion worth of goods and services-an all-time record. Exports from the United States in 2014 equaled the entire gross domestic product of Brazil and exceeded all commercial output in India, Italy, or Mexi..
george has 28.00 to spend on soda pop and pretzels. determine the number of cans of soda pop and pretzels that will be
If expected inflation declines by 2%, what should happen to nominal interest rates according to the Fisher effect? (Points : 1)rise by 2%fall by 2%be cut in halfdouble in size
some charge that the crisis of 2008 was caused by the greed of wall street firms and other bankers. do you agree with
If other sectors of the economy then weaken, that could exacerbate the recession, as occurred in 2001. To what extent do you think a stronger dollar is likely.
Burke Brake Shoes may buy a new grinding machine. The best alternative costs $10,500. The operating cost for it is $6500 per year.
Calculate the firm's profit-maximizing output level assuming the current price of widgets is $1 . 75 and calculate the equilibrium price/output solution. Explain your answers and show all work.
Describe the possible losses to our society and the economy when people are unemployed.
The fiscal stimulus programs adopted by many countries in response to the financial crisis helped offset the decline in aggregate demand and reduce the size of the recession.
The variables in the model with particular attention paid to whether consumer spending will increase, job growth will occur, and wages will rise.
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