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Assignment:
The reading assignments this week discuss the role of social media in e-commerce. According to Henderson (2020), social media has about 59% of online users. In some ways, social media has disrupted marketing as we know it. Discuss how savvy businesses can harness social media to encourage business success. What are the challenges they face? How do businesses 'keep up' in an environment that changes so rapidly?
The inverse demand curve for sugar is P = 100−Q. There are two firms, C and D, who produce sugar. Firms produce sugar using a technology with a cost function characterized by C(Qi) = 20Qi where Qi is the quantity produced by each firm. What is the Be..
The market's required return for these bonds is 8%. What is the price of these bonds?
While real interest rates drive the economy, the Fed's policy instrument is a nominal interest rate. Why don't they simply use the real rate as their policy
What is the correlation between, and evidence behind, market concentration and price levels? Do you find any relationship between lack of competition
What is the sum of the mean deviations in the distribution (1,3,5,7, 9)?
1. Suppose the free trade market price of a car is $25,000. It contains $10,000 worth of steel. The importing country imposes 40% tariff on car imports.
If Treasury bills are currently paying 10 percent and the inflation rate is 6.8 percent. a) What is the approximate real rate of interest?
A study finds that leaf blowers make too much noise, so the government imposes a $10 tax on the sale of every unit to correct for the social cost of the noise pollution. The tax completely internalizes the externality. Before the corrective tax, Blow..
For each group identified in bold type below, use the labor-leisure choice model to illustrate graphically and then explain the change in the quantity of leisure desired. Be sure to explain how the group’s labor force participation rate is affected.
Suppose from your randomized experiment you observed two data points about demand for healthcare:
AD-AS Framework: Assume that the economy is currently in short-run equilibrium but is experiencing an inflationary gap. If you are a Classical economist and believe that the economy is self-regulating, graphically illustrate and explain how the econo..
In 2007-2008, the price of jet fuel and diesel fuel used by air and ground freight companies decreased dramatically. As the CEO of FEDED, you have been presented with the following proposals to deal with the situation A. Reduce shipping rates to refl..
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