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Assume that a grower of flower bulbs sells its annual output of bulbs to an Internet retailer for $80,000. The retailer, in turn, brings in $135,000 from selling the bulbs directly to final customers.
What amount would these two transactions add to personal consumption expenditures and thus to GDP during the year?
Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying.
The price per unit remains $7.50 in both scenarios. Does the labour analyst's argument hold? Explain why or why not, and use data to prove your point. (Hint: calculate total costs in both circumstances).
changes in monetary policyprepare a analysis by answering the questions below. be sure to cite your references using
1. Your boss tells you that the price elasticity of demand is -0.89 for immunizations. She claims that this means your clinic can raise prices and there will be no change in demand for immunizations. Explain whether she is correct or incorrect.
When do firms A and B exit in the unique subgame perfect equilibrium? (Hint: First establish at what time t profits turn negative as a function of the remaining firms, and then argue with generalized backward induction)
Illustrate what has happened to the price and quantity of the substitutes and complimentary goods/ services for your selected product over the last year.
"The Saudi government's long-awaited decision of imposing fees on undeveloped plots within cities, known as 'white land"
Elucidate why is it that market leaders and monopolies generally acquire rather than develop new technology.
Aperson deposits$2000in a savings account. If all of the money is allowed to accumulate, how much will the person have at the end of5years, given a nominal interest rate of 6 %, compounded (a)annually? (b) quarterly? (c) monthly? (d) daily?
The organization you wish to pursue will convert existing hybrid Toyota Prius automobiles to plug-in hybrid vehicles.
1. truefalseuncertain. read the statements carefully. decide whether the statement is true false or uncertain. explain
a economists often argue that a temporary increase in government purchases -say for military purposes-will crowd out
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