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A liter of gasoline in Canada costs about 1.03 Canadian dollars. Explain how this information entails two unit-of measurement problems for a typical U.S. citizen stopping to buy gas in Canada who wants to know how much the gas “really” costs.
Using graph, illustrate the effect of an increase of the input price on the production and profit of a one input-one output firm with decreasing return-to-scale technology?
I understand that inflation has an impact on the foreign direct investment. But can the opposite be true? The amount of foreign direct investment has an impact on the inflation of the country that receives the investment?
The cash-for-clunkers program: objectives and results. Did the car companies ripped the benefits of the program
For what reasons might economists be interested in segmentation in tourism? Discuss the three methods of segmentation or the tourists' market.
What is the discrepancy between net benefits and the benefits cost ratio? That is, typically why is the maximization of net benefits the same as the maximization of the benefits cost ratio?
Suppose that in a week the price of Greek yogurt increases from $1.25/lb to $1.75/lb. At the same time, the quantity of Greek yogurt supplied increases from 100,00 lbs to 150,000 lbs. What is the price of elasticity of supply for Greek yogurt?
q. brit oxygen whose global sales are generally dollar denominated needs to borrow 50000000 for working capital also
State Explain how IKEAs expansion has reenergized mature markets around the world also changed the competitive situation.
Variable costs are costs that _______ in total, but ________ as the business activity level changes: A. change; remain constant per unit B. change; change per unit C. remain constant; remain constant per unit D. remain constant; change per unit
q.suppose that the income tax in a certain nation is computed as a flat rate of 5 percent but no tax is levied above
Why do you believe that it is important for managers to understand both short run and long run supply and demand? Cite one hypothetical or real life example that illustrates your response.
There is a 1 percent chance that you will have healthcare bills of $100,000, a 19 percent chance that you will have healthcare bills of $10,000, a 60 percent chance that you will have healthcare bills of $500, and a 20 percent chance that you will ha..
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