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A dentist with 80 patients cuts his fee for a cleaning from $60 to $54 and attracts two new patients.
Assume that the income elasticity of demand for tickets is +2.5. Also assume that the average household in the community makes $20,000 per year and that about 6000 tickets are sold per year. Now let the average household income go up to about $22,000..
Assume that a bundle of goods deemed representative of the cost of living as of Jan. 1, 1965 is valued as $100. Assume that a similar bundle of goods deemed representative of the cost of living as of Jan. 1, 2015 is $525. Using these bundles of goods..
Corruption and political instability are also parts of state capture.
Explain how do economists distinguish between the absolute and relative sizes of the public debt. Why is the distinction important.
Suppose you are employed to set prices for a local car dealership. The dealership currently uses cost-plus pricing.
Using your selected MNC, evaluate how the organization manages these approaches: Acquisitions, Alliances, Joint Ventures and Partnerships.
Assume that a competitive cell phone market has a demand curve described by the equation. What are the consumer and producer surpluses in this market? What is the deadweight loss (DWL) if a price ceiling is set at Pmax = $19?
Betson Enterprises distributes and markets the Big Buck video game, which allows players to "hunt" for elk, antelope, moose, and bucks without shivering outside in the cold. E-sports Entertainment in NYC purchased five machines for $6300 each and too..
This topic involves analyzing a communication technique and presentations. On a daily basis, it is often expected that professionals be proficient.
According to Keynesian theory:
You are in charge of making recommendations based on economic forecasts to upper management of your firm, which produces widgets, and employs 2,500 workers. What would you look for in terms of leading indicators (discuss at least three indicators), a..
What is the best way to test for DHCP server errors when the DHCPD service fails to start?
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