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1. Identify the peculiarities of tourism as a product compared with everyday goods and services which consumers may demand.
2. Why is repurchase consumer decision making particularly important in travel and tourism demand.
Faraday issued preferred stock with a $4.80 dividend per year. If you buy the stock for $60, what is your return?
The cost function for a firm is given by TC = 6,000 + 12.5Q. The firm sells output in a perfectly competitive market and other firms in the industry sell at a price of P = 25 - 0.5Q. (i) What level of output should be produced to maximize profits?
Which among the equation will you choose for a better demand estimation. Illustrate answer in the language of statistics.
Cinemax is the only movie theater in Dannyburg. As such, it operates as a price-discriminating monopolist. Two types of customers view movies there: adults (A) and high school students (S) . Their respective demand functions are: Qa = 6400 Pa-2 Qs = ..
Explain advantages and disadvantages of investing in real estate. Do tax laws seem to favor certain types of investments?
q1. assume which a risk-free investment will make three future payments of 100 in one year 100 in two years and 100 in
Think about our economy. Irrespective of economic conditions, we consume many goods and services in various quantities. There is a constant allocation and re-allocation of resources. How does this happen? What economic mechanism helps allocate resour..
Summarize the article "Towards an Aesthetic of popular music" by Simon Frith in 500 words by following these steps:
What are the primary functions of the foreign-exchange market? Who are the participants in the market? How do global companies use the foreign-exchange market to hedge against foreign-exchange risks?
Linda made a deposit of $400 in her savings account 5 years ago. in the first year her account was earning 6%, but she did not deposit any money. in the second year her interest increased to 8%, when linda knew about the increase she deposited C amou..
Suppose that the governmental authorities wished to decrease use of a pesticide that is leaching into groundwater supplies in a watershed by 60% from current use levels.
One reason for the appearance of diminishing returns is that:
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