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Ethanol is again viewed as one part of the solution to the problem of shortages of petroleum products. Ethanol is made from a blend of gasoline and alcohol derived from corn or sugar cane. What would you expect the impact of this program to be on the price of corn, soybeans, and wheat?
when output and employment slowed in early 2008 the bush administration and the democratic congress passed a
Now suppose the government decides to subsidize the production of sugar (regardless of who it is sold to). The government wants to achieve the same increase in domestic production as in part d). What should be the amount of such production subsidy..
Compare and contrast direct finance and indirect finance.
a retail store would like to use loss control techniques to manage their risk of theft. what could be done to lower the
What are the profit maximizing prices for hardcover and paperback books? What are the quantities of books demanded at these prices for hardcover and paperback books?
Assume you can only consume good X and Y out of abudget of $120. Your utility function is U = ln(X)+ln(Y ).
Suppose that consumers become pessimistic about the future health of the economy. What will happen to aggregate demand, output, and employment in the short run. Use the AD/AS figure to illustrate.iii) Considering the macroeconomic effects of pessi..
you have taken a job as pricing manager for a very fine mens clothing line that sells high-end tailored shirts suits
Compute the cross-price elasticity of demand between goods X and Y at the given prices. What is the own price elasticity of demand at these prices?
conduct an interview with a manager either one at your current place of employment or simply one that you know and find
Briefly discuss the concept of both positive and negative externalities and give specific examples of each. In your explanations of the two, cover the differences, discuss why property rights are an important variable, and discuss any other releva..
in the economy of ukzten in 2010 consumption was 60 of gdp government purchases were 212 imports were 67 and 67 of the
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