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Q1. Assume the two rival office supply companies Office Depot and Staples both adopt cost matching policies. If consumers can find lower advertised cost s on any items they sell, then Office Depot and Staples guarantee they will match the lower cost s. Explicate why this pricing policy may not be good news for consumers.
Q2. Assume the cost of a can was $5.10. In this case, to maximize its profit the firm illustrated in the figure above would
Q3. Assume which the total expenditures for a typical household in 2000 equaled $2,500 per month, while the cost of purchasing exactly the same items in 2005 was $3,000. If 2000 is the base year, the CPI for 2000 equals?
Manufacturers begin building a new plant in Arizona. Which determinant of cumulative demand causes the change.
q1. individual has a utility function described by the equation u2xv. the price of x is 32 every item whereas the price
What interests or surprises you about the summary table? How does that rate compare with the rate in the previous month or quarter? Discuss the differences in unemployment rates by gender, age, education, etc.
Suppose Dell computer Company operates in a perfectly competitive market producing 5,000 computers per day. What is total cost to decrease and profits to increase.
Illustrate what is the net current value of a project that requires a $100 investment today and returns $50 at the end of the first year and $80 at the end of the second year? Assume a discount rate of 10%.
q1. demonstrate graphically the cost of income taxation of 30 to consumers and producers for an income of
q1. people sometimes talk about lsquotwin deficit where the twins are the current account and the government budget
The average physical product of labor is 25, the last worker added 10 units to total output, and total fixed cost is $5,000. How much output is being produced
How does a government budget surplus affect the U.S. economy? Identify two periods in recent history in which the United States has run budget surpluses. What were the reasons for the surpluses during those time periods?
Illustrate what type of market structure would this behavior likely be prevalent. Illustrate what does this behavior accomplish for the firm.
Elucidate why it is important for managers to understand the mechanics of demand also supply in both short-run also long-run
Competition in the market is such that each of the firms independently produces a quantity of output.
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