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Problem: Apple is concerned that the number of potential buyers of its iPhones would decrease if Samsung (a competitor) drops the price of its Galaxy phones. How would this affect the demand for iPhones?
Your company wants to build a new manufacturing facility which will cost $2.5 million for plant and machinery. It will have a net annual income cash flow.
Two routes are under consideration for a new interstate highway segment. The long route would be 25 kilometers and would have an initial cost of $21 million.
How would this change affect output and income? Provide reasoning for your answer. What should the government do to prevent a possible economic recession?
Some large coal-burning power plants are located at the mouth of a mine and have been designed to burn coal specifically extracted from that mine.
the world bank is currently advising newly industrialized countries on how to encourage growth and they have asked for
You currently have a television that you want to sell. You can either pick a price and try to sell it at a yard sale or auction it off on eBay.
Which of the following is not a condition required for the practice of price discrimination?
Please share a product, industry, or service that is 'protected' in the United States. Do you think the protection is justified? Why or why not?
suppose a mid-sized regional bank has 1 million dollars which it is considering investing either in 30 year zero coupon
Describe the initial choice of heating by an elderly individual. Will the firm end up paying an individual more or less than it did originally?
Differences between fictional unemployment, structural unemployment, and cyclical unemployment; and
Name two macroeconomic variables that decline when the economy goes into a recession. Name one macroeconomic variable that rises during a recession.
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