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Q1. Alpha Airlines, the only carrier currently offering flights to and from town A heard that Beta Airlines was thinking of entering the market. In an effort to deter Beta, Alpha threatens that it will respond to Betas entry with a price war. Suppose Beta believes the threat. In what way can Beta minimize the losses of such a price war other than by choosing not to enter the route to and from town A? (give me two ways she can do this)
Q2. Under the factors that government spending is cut, and taxes increase. how would you argue it positively?
If the exchange rate at the end of the year is 105 yens for a dollar then what would be the inflation rate be in the US.
what is the best level of output of a perfectly competitive firm in the long run?
Suppose major officeholders from one particular party are not performing well and party is not monitoring se officeholders. In illustrate what ways could this situation affect party as a whole.
The money made when the equipment is sold in not included in the last year's cash flow. It is incorrect. The after-tax cash flow is wrong.
Illustrate what would you expect to happen to the company's total revenue if the shoe prices were increased. What if the company lowers the price.
Why is an increase in number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
If LFC sells chicken and biscuits as a meal deal, what price would be set for the meal deal which comprising both an order of chicken and an order of biscuits
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
Write down a formula that describes the marginal product of labor in the short run as a function of the amount of labor used.
each price rise reflected a reduction of the silver in the coins. Discuss critically.
How should labour be allocated between x and y to satisfy the demands calculated in part.
q1. in terms of currency denomination describe how proctor amp gamble prices its revenue and costs. consider any two of
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