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What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?
a. Reduced corporate earnings lead to cuts in travel budgets and increase the share of expenditures on corporate jet travel.
b. Further deregulation of the commercial airlines industry substantially increases the variety of departure times and destinations offered by commercial airlines.
c. The cost of manufacturing corporate jets rises.
d. A new, much more fuel-efficient corporate jet is introduced.
What kinds of changes in underlying conditions can cause the supply and demand curves to shift? Give examples and explain the direction in which the curves shift.
By examining the t-statistics associated with the regression coefficients, at the 5 percent significance level, which of the two independent variables are statistically different from zero?
q.suppose that a citys energy demand is 30 megawatts during off-peak times and 40 megawatts at its peak. the city has
Suppose that in the loan described, the borrower made a larger payment, as indicated. Calculate (a) that time needed to pay off the loan, b) the total amount of the payments, and c) the amount of interest saved, compared with the original loan and pa..
Explain how does the deposit primarily change the T-account of the local bank. How does it change the money supply.
Roughly speaking, a merger between two firms is legal:
Once issued by the parent, It stays which way also all transfer benefits (tax breaks) are lost forever.
If the nominal interest rate is 4 percent and expected inflation is 1 percent, what is the real interest rate? Suppose instead that the nominal interest rate is 80 percent and the expected inflation rate is 40 percent.
Assume that a country has a fixed exchange rate, but that the rate is above the rate that would occur if the central bank did not intervene to maintain it. That is that the desired "e" is greater than the "e" that would occur without central bank int..
Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud and excess.
Why is the average viewer of TV news or the average reader of a newspaper interested in the fluctuations in prices in the stock marketplace.
An article in the Wall Street Journal reported that large hotel chains, such as Marriott, are tending to reduce the number of hotels that they franchise to outside owners and increase the number the chain owns and manages itself. Why would Marriott w..
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