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Q. Complete the International Trade Simulation.
List at least one benefit also one limitation of international trade you encountered in the simulation. Describe absolute as well as comparative advantage in your own words. Explain how supreme as well as comparative advantages were used in your simulation.Describe the influences affecting foreign exchange rates.
Explain how the strength of the economy as a whole could affect the marginal benefits also the marginal costs associated
Suppose the market for operating systems were perfectly competitive. What price would be charged? How many would be sold? Would the firms in this industry be profitable?
Explain how firm could employ computed elasticities in its pricing and marketing decisions. Which of se variables have statistically significant relationships with sales.
Microsoft emerges to have a monopoly with over 90% of the personal Calculator operating market. Why then would it not be charging a monopoly cost.
Alexander Company is a used car dealership serving Los Angeles Metropolitan area. The corporation has experienced a rather sharp decline in used car prices in recent years.
A business employing 8 workers to produce commemorative t-shirts for campus events organizations.
Assume that the equilibrium price of DVD players increases and the equilibrium quantity increases. Illustrate which of the following best fits the observed data.
Elucidate how much money should the government spend to eliminate this gap. Elucidate how much money should the government give in tax cut to eliminate this gap.
Elucidate the differences among a currency board, a fixed exchange rate system and a pegged exchange rate.
q.suppose a computer virus disables the nations automatic teller machines atm manufacture departure s from bank
q.your local grocery store offers a coupon that reduces the price of milk during the coming week. the regular retail
Elucidate how a 20% decline in the cost of business travel would impact this company's budget if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour.
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