User Account

All Pages

Sales of new cars in his car dealership

Assignment Help Business Economics
Reference no: EM132135791

Fiona told her friend that she is very fortunate as the slow-down in the economy has not decreased sales in her grocery store by much compared to sales of new cars in his car dealership. Explain what Fiona meant using the concept of the business cycle, durable and non- durable industries.

Reference no: EM132135791

Questions Cloud

Income elasticity of the other good : Income effects depend on the income elasticity of demand for each good that you buy. If one of the goods you buy has a negative income elasticity
How many ads jiffy-pol buy in order to maximize its profit : If each ad costs $10,000 approximately how many ads should Jiffy-Pol buy in order to maximize its profits
Planning requirement and other investment : With smaller companies saving thousands and larger companies saving billions through flexible manufacturing, if you are a discrete parts manufacturer seeking to
Discuss key use of local nationals-host country nationals : Discuss the key use of local nationals, host country nationals and third-country nationals. When should the organization use each approach?
Sales of new cars in his car dealership : Explain what Fiona meant using the concept of the business cycle, durable and non- durable industries.
Predict where the economy will be in the next six months : Describe 2 variables a government will look at to predict where the economy will be in the next six months.
Central planning committee : What changes would you propose if you were on the central planning committee that made decisions for your city?
What is the lashondra economic profit : One offer would have paid her $120,000 per year and the other would have paid her $130,000 per year. What is the Lashondra's economic profit
Solve subscriber uncollectable issues : What do you recommend that a company do to prevent and/or solve subscriber uncollectable issues?

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 evaluate how the following situations will affect the

q1. evaluate how the following situations will affect the demand curve for ipods. believing that it has significant

  Define the term optimal pollution level.

Define the term optimal pollution level. List two market based economic efficient policies for achieving optimal pollution levels. Using a graph of marginal cost of pollution control and marginal benefit of reducing pollution (Marginal cost of damage..

  Explain what happened in the economy in long run

Can we use IS-LM model to explain what happened in the economy in long run? Show how the short run equilibrium adjust when price level adjust to ensure that the economy produces at its natural level.

  What are major institutional changes take place development

What are the major institutional changes that take place with economic development? Are these institutional changes causes or mere correlations of growth? Or is growth a cause of institutional change?

  Activities create positive or negative externality

Indicate whether the following activities create a positive or negative externality: Indicate whether the following are private goods, club goods, common-resource goods, or public goods:

  Raise the gasoline tax as way of reducing air pollution

Suppose the government decides to raise the gasoline tax as a way of reducing air pollution and traffic congestion to their optimal levels. Which of the following describes why Pigovian taxes, such as gasoline tax, are unlike most other taxes?

  Characteristics of the market structures

What are the characteristics of the 4 market structures (# of sellers, barriers to entry, pricing strategy, product differentiation, and examples of each)?

  Perfectly competitive business maximizes profit by producing

A perfectly competitive business maximizes profit by producing at a rate where ________.

  Rationale behind risk-based capital requirements

Discuss the rationale behind risk-based capital requirements.

  Suppose the lifetime of a particular appliance

suppose the lifetime of a particular appliance follows an exponential distribution with a mean of 10 years. what is the probability that the appliance will fail

  Consider the linear production function

Consider the linear production function q=f(K,L)=2L+K. What is the short -run production function given that capital is fixed at K = 100 ? What is the marginal product of labor?

  Find the present value for each year if the interest rate

Find the present value for each year if the interest rate is 6% and then add them together for the total present value of future revenue.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd