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Q1. Budweiser, Miller and Coors, who together produce 80% of all beer consumed in the US, each spend well over $250 million a year on television advertising battle also promoting their beer brands. Evidently if one firm is advertising its brands heavily where others must also advertise to defend their market shares.
Q2. Assume Caesar allocates his entire budget to the purchase of chips as well as soft drinks. The marginal utility of the last bottle of soft drink purchased is 12 utils and each bottle costs $1.20. The marginal utility of the last bag of chips purchased is 8 utils and each bag costs $1.Explain in order to maximize his utility.
Discuss which Explain how drop in the export sales sets in an ongoing recession using accelerator model.
These 3 basic trade-offs include which goods or services are to be created, how to create them, also who gets them.
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
Assume which the United States presently both produces kumquats and imports them.
Each bundle that the consumer chooses, draw the indifference curve that goes through that bundle.
How much output is lost as a result of deaths from secondhand smoke, according to the news.
Compute the revised slope of the AE cure and the multiplier when you know that the imports and the marginal tax rate
Using the formula for β^1 and β^0, show what will happen to the estimator of the slope and intercept in the SLR model if y is multiplied by the constant k, and at the same time x is multiplied by the constant m.
Explain how each change mentioned in the article impacts upon the aggregate expenditure model.
Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $10, the cost of mowing the second Lawn is $12, and the cost of mowing the third lawn is $15.
What reliance performance would be measured efficient. Elucidate reliance behavior which would be considered excessive.
Should a company hire temporary workers or hire new workers to handle increase demand for the company's product.
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