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Market Forces of Demand and Supply
a) Does the market demand curve different from an individual demand curve? Does the market demand curve always slope downward to the right? If your answer is yes, discuss. If your answer is no, discuss.
b) Is there a difference between a movement along a demand curve and the shift of the demand curve? If yes, explain. If no, explain.
c) Do you believe that managers are always interested in the concept of consumer surplus? Discuss.
Lego provides a minimal set of instructions with this product. In about 100 words, explain how a new user could learn how to build and program complex robots using the social net- working elements provided by the company.
q.assume a country the total holdings of banks were as followsrequired reserves 45 millionexcess reserves 15
comparing the company's cash records with the monthly bank statement reveals several additional cash transactions. Calculate the correct balance of cash?
In which of the following cases must price always fall?
A company just purchased a new machine, which has a first cost of $320,000. Salvage is estimated at $75,000. Use both SL and MACRS depreciation over a 7-year recovery period, determine the depreciation charge and the book value for year 5,. Explain h..
What happens to consumer and producer surplus when the sale of good is taxed? How does the change in consumer and producer surplus comapare to the tax revenue? As a result of the above are taxes necessary to have? Explain.
Answer the question on the basis of the following information for a bond having no expiration date: bond price = $1,000; bond fixed annual interest payment = $100; bond annual interest rate = 10percent.Refer to the given information.
Two hunters went out into the forest to hunt for deer. Each take their position in the forest, and wait for the stag to come by. But as they are standing there, a rabbit runs by each (not necessarily at the same time), and each considers leaving his ..
Explain the connection between- tax burdens and elasticity, excess burden and elasticity
The production function Q = 0.25X0.5 Y0.5 exhibits: a. constant returns to scale. b. increasing returns to scale. c. increasing and then diminishing returns to scale. d. diminishing returns to scale. 11. When PX = $60, MPX = 2 and MPY = 2, relative e..
There are two types of customers in a market for sheet metal. Let P represent the market price.
Think about the confectionery category (candy, gum, and mint) and then choose a product within that category. There are many products available in stores within this category for us to consider purchasing. Describe the channel strategy that would be ..
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