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Assume you are the manager of a California winery. How would you expect the following events to affect the demand or quantity demanded for your product? Briefly explain.
a. The price of comparable French wines decreases.b. One hundred new wineries open in California.c. The unemployment rate in the US decreases.d. The price of cheese increases.e. The price of a glass bottle increases significantly due to new government anti-shatter regulations.f. Researchers discover a new wine-making technology that reduces production costs.g. The price of wine vinegar, which is made from the leftover grape mash, increases.h. The average age of consumers increases, and older people drink less wine.
Discuss the differences among commodity money and fiat money, making sure to explain what makes fiat money work.
Compute the change in total income which is P times Q moving
Comprising an evaluation of the impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on the economy and on the airline industry industry.
Commmon and preferred stock issuances and dividends. Permabilt Corporation was incorporated on January 1, 2003, and issued the following stock, for cash:
Suppose two nations are considering specializing in either calculators or personal computers. If solely producing calculators, country A can produce 300 and country B can produce 400.
Describe events that might lead to a disequilibrium in the market for gasoline.
Explain how much more money has the Fed printed and where is it now. What affect will an increased M1 money supply have in the long-run.
Illustrate what has happened to the value of the real exchange rate over time. What is the significance of this change in value.
Karen earns $75,000 in the current period and will earn $75,000 in the future. Assuming that these are the only two periods, and that banks in her country borrow and lend at an interest rate r = 0, draw her inter-temporal budget constraint.
Assuming the phone company has to charge the same monthly rental fee and unit price to all its customers, at what level should it set these charges?
Impact of technology advance a monopolist has the following demand function: Solve for the price and quantity that the monopolist would choose to minimize its profit. And also calculate the resulting profit.
The socio-economic shortcomings that China experienced
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