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Warranties are sometimes offered by companies as an added inducement to potential buyers. Why might offering a warranty be a successful strategy for a company? What are the potential problems that a company may face if it offers a warranty?
In the following graph, the demand for hot dog buns has shifted to the right because the price of hot dogs has fallen from $2.20 to $1.80 per package. Calculate the cross-price elasticity of demand between hot dogs and hot dog buns.
What dilemma faces regulators trying to regulate natural monopolies? Political corruption is epidemic in Russia today. What effect does this have on the Russian economy? Contrast and compare bureaus and business firms.
If the price of processor chips used in manufacturing personalcomputers decrease, what will happen in the market for personal computers How will the equilibrium price and equilibrium quantity of personal computers change
In some ways monitoring is easier in a partnership than a corporation, where shareholders monitor directors. In what ways is monitoring easier? In what ways is it not?
1. your company bright paints is one of a dozen companies manufacturing a special reflective paint used for traffic
What is the effect of a price ceiling on the quantity demanded of the product? What is the effect of a price ceiling on the quantity supplied?
An explanation for my labor economics course A household will tend to substitute goods for time in the production of commodities if: a. a household member's market wage increases b. a household member's market wage decreases c. the substitution effec..
How does a weak Swiss franc benefit a swiss entrepreneur who exports much of his product? Explain the different roles of the International Monetary Fund and the World Bank
Provide the advantage of dynamic pricing over fixed pricing and what are the potential disadvantages of dynamic pricing?
the factors that cause shifts in supply and the importance of demand are examined.what is the law of supply and what
How does the store identify different groups of customers? How does it prevent resale or arbitrage? (discuss only)
What recent economic trends or issues are addressed there? Select ONE economic issue from each website listed above. Explain each economic issue in 6 to 10 sentences.
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