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Consider a publisher who earns a profit of $1 per book sold. An advertisement that costs $400,000 would sell 80,000 books directly. To make the advertisement worthwhile, how many of the original buyers must each persuade just one other person to buy the book. (Enter your response as an integer)
Utilize these determinants in judging either demand for every of the following products is elastic or inelastic.
Most systems of medical insurance substantially lower the out-of-pocket costs consumers have to pay for additional units of physician services and hospitalization. Some reduce these costs to zero.
Every year, billions of dollars' worth of illegal drugs and alcohol are produced within the boundaries of the United States. Official US GDP estimates have excluded the value of this production because the data have been unavailable to the governme..
chuck michael and hakeem are three retired basketball players. they determine that in madison there is demand for
This problem belongs to economics, mainly to macroeconomics and it is explains the county with a fixed or managed exchange rate would consider i.______ its currency if the country is worried about domestic inflation. ii. Briefly Explain?
Suppose the government reduces taxes by $20 billion and the MPC is 0.75. A. What is the total effect of this tax cut on equilibrium output?
Illustrte what is the put premium on a December 25 PHLX pound contract with an exercise price of $1.81.
Elucidate the difference among the consumption of a free good and a good that is not free.
The industry's assets are financed with some combination of common equity and long-term debt. What's the firm's debt ratio?
You are cultivating a strain of E. coli for research and inoculate a flask of rich media with 50 cells. Assuming an exponential growth rate of 2.5 cells/hour and that you need 1,000,000 cells for your analysis, how long will you need to culture t..
The publisher must spend $1 million advertising the new book. It is now ready to print the book. For practical purposes, as many books as they like can be printed. In deciding how many copies to run.
1. Consider the following AS-AD short-run framework. Assume that up to period t = 2000 the economy has been resting at the long-run equilibrium (Point A). The Fed. decides an expansionary policy with shifting AD curve to the right (AD2000 =⇒ AD200..
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