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Q1. Like supermarkets, full-service department stores like Macys are generally in decline. What factors might these types of stores have in common behind their declines? How would you determine which were important and which are not?
Q2. How do firms and individuals determine if it's worth it to
(a) Invest in capital improvements,
(b) Hire additional workers, or
(c) Decide where to work? Briefly explain.
Now suppose Alex's income increases to $1,500 per year. What is her new optimal consumption of x? What is her new optimal consumption of z?
q1. explain why is dispute among international dependency and the neoclassical counter-revolution schools referred to
Has the U.S. economy experienced inflation or deflation during recent recessions.
Explain how the Fed's use of its three tools of monetary policy affect supply and demand in the market for reserves and the equilibrium federal funds interest rate.
If 100 % of deficit is financed by sale of securities to federal agencies, illustrate what happens to amount of debt held by public Illustrate what happens to level of gross debt.
Find out the total revenue and marginal revenue functions for men and women.
Describe the point at which diminishing returns occur. Indicate the points that delineate the three stages of production.
In what did the South have a comparative advantage. Did the Civil War change any opportunity price in the South.
Find the value of the test statistic (to 3 dec pl). Can we conclude that the proportions have changed during the year.
Illustrate what is Gillette's advertising elasticity. Is Gillette's Demand more or less responsive to advertising than other firms in its peer group. Elucidate also Elucidate how all calculations.
Which set of actions maximizes the total payoff of Nikita and Margaret? Is it likely that they will choose the payoff-maximizing actions without some communication? Why or why not?
Illustrate the monopoly solution and perfectly competitive solution in a clearly drawn graph. Calculate the deadweight loss due to monopoly.
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