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The demand for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Assuming these statements to be correct, How will a successful campaign that decreases the supply of drugs influence the price of drugs and the amount spent on them?
Like supermarkets, full-service department stores like Macy's are generally in decline. What factors might these types of stores have in common behind their declines How would you determine which were important and which were not
Stlyes Inc. estimates that the total annual cost of producing shirts given equation TC = 5,000 + 4,100Q - 8Q2 + 0.004Q^3. If the market price is constant, what is the shutdown level of output?
A corporation has a variable-rate loan with a bank paying LIBOR plus 65. The company wants to make a synthetic fixed-rate loan and enters into an interest rate swap paying a swap fixed rate of 9% and receives LIBOR.
If a guy live in two period, the wage for first period is $8, and the wage for second period is $10, Should he work more hours in the second period than in the first period?
What is the combined (total) demand schedule for Belgian cocoa beans that European and USA consumers buy?
Illustrate what would this typical basket have cost in the base year.
What fiscal policies do you think caused the crisis and what were the effects of the fiscal policies implemented in reaction to the crisis?
Explain how can the concepts of game theory be applied to buying through ecommerce or a retail store. Can you show me an illustration.
Are better than budget deficits over the long run because unlike budget deficits, they increase saving and investment.
Explain the following statement: "Changes in disposable income lead to movements along the consumption function while changes in wealth lead to a shift of the consumption function." Use examples to illustrate your response.
Dell Electronics just stumbled upon a new supplier of personal computer (PC) circuitry in Costa Rica that can supply standardized computer inputs at $70 per PC.
Calculate the expected level of demand in a typical market. Indicate the range within which actual demand is expected to fall with 95% confidence.
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