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Movie attendance dropped 8 percent as ticket prices rose a little more than 5 percent. What is the price elasticity of demand for movie tickets. Could price elasticity be somewhat overestimated from these figures?
Illustrate what was your total revenue in dollars yesterday (be sure to include your commission). Why would your profit for the day be considerably less than this total revenue.
critically estimate the theory and empirical evidence on the optimality criterion for choosing an exchange rate regime.
Walmart founder Sam Walton amassed an enormous fortune in discounts retailing one of the most viciously competitive markets imaginable.
Explain how do you expect the supply and demand of your selected good to change in the next year. Relate you expectations to the price and quantity of the good in the marketplace.
An individual likes owning cars is better. In order to own a car, an individual must have a 1:4 ratio of frames to tires.
Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut.
According to the political business cycle theory, if the Fed wanted to see a President re-elected, prior to the election it might.
A monopolist faces a demand curve given by P=105-3Q P is price, Q is quantity demanded. Marginal cost of production is $15.00. No fixed costs. Explaim how much output in order to maximize profit.
A basic assumption for comparing the straight-line production possibilities curves for two nations is that the production possibilities curves reflect.
Find the 90% confidence interval for the compensation of a year when the productivity is 85 and interpret the C.I.
Explain how are protectionist policies from other nations predicted to affect China's relative supply and relative demand.
How would each of the subsequent affect Helena's hand basket supply of worker.
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