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Citrus Speculation and Forecasting, Inc., has been hired by a private consortium of orange growers.
Citrus Speculation and Forecasting, Inc., has been hired by a private consortium of orange growers to predict what will happen to the price and output of oranges under the conditions below. What are your predictions? For each part, sketch the graph showing the appropriate demand and supply analysis.
1. A major freeze destroys a large number of the orange trees in Florida.2. The scientists in the agricultural extension service of the University of Florida discover a way to double the number of oranges produced by each orange tree.3. The American Medical Association announces that drinking orange juice can reduce the risk of heart attack.4. The price of grapefruit falls
Determine the profit-maximizing quantity for a monopolist. You can ask the firm's to draw the firm's revenue and cost curves
The ability to create new products and process and to organize production to make goods and sevices available.
Illustrate fiscal policies also monetary policies which would be appropriate at this time.
Illustrate recommendations would you make to Congress and the President for the management of fiscal policy.
What happens to his consumption of Y? Calculate the coefficient of price elasticity and of cross price elasticity. Also draw the demand curves for X and Y, noting the equilibrium points for this consumer before and after the price change in X.
Explain how would you estimate additional dollar cost of adding sales people? How is the expected net revenue generated by adding.
Find out one story about the economy that has been in the news lately.
explain why do companies grant discounts to senior citizens and students
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Explain how do high inflation rates affect the exchange rate of a country in the short and the long run.
The airline has an average of 40 passengers paying an average of $200 for this flight. Do you think the airline should be flying between the two cities? Evaluate from a short-run and long-run perspective.
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
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