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Waters' Edge is a clothing retailer that promotes its products via catalog and accepts customer orders by all of the conventional ways including the Internet. The company has gained a competitive advantage by collecting data about its operations and the customer each time an order is processed.
Among the data collected with each order are: number of items ordered, total shipping weight of the order, whether or not all items ordered were available in inventory, time taken to process the order, customer 's number of prior orders in the last 12 months, and method of payment. For each of the six aforementioned variables, identify which of the variables are discrete and which are continuous.
The market is perfectly competitive with constant input prices, and each company has the same cost structure, described through the following table:
Explain how are people worse off when the price level rises as fast as their incomes
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Elucidate two reasons a single minimum salary might distort the labor market for teenage workers more than it would the market for adult workers.
The marginal external expenses associated with air pollution increases with the yearly output of a polluting industry.
Elucidate action in the open market would the Fed have to take to prevent bank reserves from falling.
A newly established Internet Cafe is seeing to expand its operations. What would happen if the predict to open 208 stores each year is wrong?
A change in reserve needs of depository institutions is the policy tool most frequently used through the Federal Reserve to influence economic activity
Explain why the payoff matrix in Problem indicates that firms A and B face the prisoners' dilemma. Problem states: from the following payoff matrix, where the payoffs are the profits or lesses of the two firms, determine (a) whether firm A has a ..
Explain how would you justify the long-term nature of your contract with CGI Group.
Illustrate why do economists pay more attention to national economies than state or regional economies.
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