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The introduction of online DVD rental and its effect
What impact would the introduction of online rental of DVD'S have had on the in-store movie rental market? draw this on a supply-demand diagram for in store movie rentals.
Assume x and y are the only two goods a person consumes. If after a rise in p x , the quantity demanded of y decreases, one could say
From this information, can you devise a general rule explaining how the Herfindahl-Hirschman index is affected when exactly two firms in the market merge? (Hint: compare a2 + b2 with (a + b) 2)
You are trying to decide whether to buy some laptop computers for your business in either Canada or in United States. Looking at identical machines on the Dell Canada and the Dell US web sites, you find that they sell for US $2000 (US dollars) in ..
Profit by having physicians available in case we need them. Therefore, the government should subsidize medical education.
At level of inflation explain how long does it take for the price level to double.
If the price of manufactured goods rises to $6 bushel (a rise of 50%), the parity price of corn as well rises by 50% - to $4.50 in this hypothetical example.
Discuss how conservatives, liberals and radicals explain the causes of and solutions to poverty. what evidence do they use to support their view.
Provide an update on the economy-where is unemployment, what is the outlook for the deficit, what are the overall predictions for 2010 - 2012?
Determine the price elasticity of demand for a resource. Why is it important and what is it used for.
Show how to find equilibrium in an RC model? What is the relationship between the marginal rate of substitution between leisure and labor and the marginal product of labor in the RC model.
Explain how can you go about finding L, normally it is either the budget constraint and utility functions slopes are equivalent,
Expansion and contraction are commonly utilize terms in economics and the media.
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