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What is the relationship between price elasticity and position on the demand curve? For example, as you move up the demand curve to higher prices and lower quantities, what happens to the measured elasticity? How would you explain that?
q. you are the ceo of value-added industries inc vai. your firm has 10000 shares of common stock outstanding and the
Vietnam employs 40 million tons of rice a year. World price os rice is $500 per ton. Vietnam employs 10 million people in rice production with each working an average of 1000 hours a year. Which economy, California or Vietnam, has an absolute advanta..
Recently, there has been substantial pressure on China from the U.S. government to allow the value of the yuan to decrease relative to the U.S. dollar. Why might the U.S. government want this change in the value of the yuan? How would such a change a..
The company sued and asked a court to order to fix it. Do you think the court should order the specific performance?
If buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers.
One of the major problems associated with MNCs is a decline in corporate tax revenue of advanced countries since the 1990s. What should host and home countries do to solve this problem?
You have taken a mortgage to buy a warehouse. The mortgage amount is $450,000 and you have the following loan terms: 8% APR compounded semiannually, monthly payments, and an amortization period of 6 years. After two years you’re curious how much each..
A producer’s production function is q=6K^(1/3)L^(1/2). The market price for the firm’s output is p, the cost of capital is $4 per unit used and the cost of labor is $3 per unit. Write an equation for the firm’s long-run profit. Find the factor demand..
Since 1979, low income recipients have been given food stamps without charge. However before 1979, people bought food stamps at a subsidized rate. For example, to get $1 worth of food stamps a household paid about 20? (the exact amount varied by hous..
Does that mean that the data in set B is more spread out than it is in set A? This is where the coefficient of variation comes into play.
The regulators at the FDIC decide to change the captial requirement in order to help prevent another bank crisis. They increase their required capital-to-asset ratio. In the space below explain how a bank can accomplish this -- how they could bring t..
the assignment is to determine the same information on the demand for gasoline tab using the information in the example
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