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1. What would happen in the apple market if the government set a minimum price of $2.00 per apple? What might motivate such a policy?
2. Is there a shortage of on-campus parking at your school? How might the shortage be resolved? (William Paterson University, Wayne, NJ)
There is a huge parking issue on campus for reference.
Graphs needed if possible
Suppose the Canadian economy, on a fixed exchange rate, has a real growth rate of 2% and is in equilibrium with an inflation rate of 10% and a risk premium of 1%. Suppose changes in the U.S. cause its real rate of interest to increase from 3% to 4% a..
Illustrate what effect would customer expectations of substantial price increases in music players have upon the demand for portable music players in a completive marketplace
What amount of profit is the firm earning? Is this firm in a short-run or long-run equilibrium? Why?
A design engineer is responsible for an important sub element of a large project at a firm. The project has fallen behind schedule, and the important client is very angry and threatening to sue. The boss is expecting the engineer’s design review to g..
Suppose that a tariff is imposed on imports of minivans. Show graphically what the effect is in terms of price and quantity of imports. Be sure that your graph is completely and correctly labeled. What determines how much of the tariff is paid by the..
q.a purely spirited wheat farmer can sell any wheat he grows for 20 per bushel. his 5 acres of land show diminishing
How should a Middle Eastern company evaluate the success of a strategic alliance? Identify relevant criteria and discuss your reasons for including them. Describe why they are relevant across industries, cultures, and geographic locations.
How much have global trade and global production (gross national income) grown since World War II? What parts of the world economy have grown fastest in the last 20 years? (Be able to name some countries)
Assume that b=1 and that initially the real interest rate is equal to the marginal product of capital at 4%. As well, assume that v=1/2 and that the inflation rate last period was 2%. If the housing bubble busting causes the share of output of invest..
In which of the following industries would you expect price collusion to be easier to maintain: mobile telephone service or fast food? Use the factors affecting ease or difficulty of effective collusion to justify your answer.
Suppose that currency in circulation is $600 billion, the amount of checkable deposits is $900 billion, traveler’s checks are $0, excess reserves are $15 billion, and the required reserve ratio is .15. a. Calculate the M1 money supply, the currency-d..
What is the solution for the manager of Collinis Import Autos believes the number of cars sold in a day (Q)depends on two factors.
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