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Sort the following scenarios according to whether they would cause a shift in the demand curve or movement along a demand curve.
A. After it wins first prize in the spicy category of Ramen tasting competition, college students buy more Lamian Brand noodles.
B. Nettoyer raises its price for laundry detergent which results in less sales
C. Designed to sag shorts are no longer in vogue and sales drop off.
E. In n out sells more burgers as the price of chicken increases
F. One weekend clearance sale on old desks. Students rush to upgrade their furniture.
G. Energy drink company notices students are desperate during finals and change their buying behaviour
What are the primary differences between industrial users and home users of electricity that allow the utilities to discriminate between the two markets in terms of price? How do we compensate for these differences in order to improve the "common ..
Describe an example of risk calculation found on the web and what risk calculation technique is illustrated by your example? Would you have employed a different risk assessment technique than used in your example, and why?
Credit card companies are readjusting interest rates and the amount of annual fees. Should this be allowed or should the Government limit the discretion of the credit card companies. How should the Federal Reserve Bank exercise it’s authority in this..
competitive advantage implies the creation of a system that has a unique advantage over competitors. with the advent of
please distinguish between the different categories of price elasticity of demand. i want to know how do you show the
A special interest group cannot impose its will on the majority because the perceived costs and benefits from government programs are the same for both groups. Cost-benefit analysis can be applied to individual decision-making and public choice th..
At higher prices, a larger quantity will generally be supplied than at lowerprices, all other things held constant. At lower prices, a smaller quantity willgenerally be supplied than at higher prices, all other things held constant.
The distinction between recession and depression
what are the effects of innovation and technology on the cost of production? how does technology affect market
Currently, it is difficult to sue the federal goverment unless it agrees to be sued. If the law were changed so that lawsuits (such as by victims of the collapse of the I-35W bridge) were easier, how would this change the incentives.
Examine the extent of internal rivalry, entry, substitutes, buyer power, and supplier power within your industry, indicating whether each of these forces represents a high, medium, or low threat to profits.
You plan a major adventure trip for the summer. You won’t be able to take your usual summer job that pays $6,000, and you won’t be able to live at home for free. The cost of your travel
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