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Why can’t Netflix secure a long tail of streaming content that is the same size as its content catalog in the DVD-by-mail business? What is Netflix doing to make its streaming catalog more appealing than rival offerings?
Brian has grown tired of paying rent each month to his landlord and has decided to purchase a condo. Brian has been saving money and has $51025.00 that he will use as a down payment on this condo. He will take out a mortgage to pay the remaining pric..
Consider the following goods and services. Which are the most likely to be produced in a perfectly competitive industry? Which are not? Explain why you made the choices you did, relating your answer to the assumptions of the model of perfect competit..
can you think of any financial innovation in the past ten years that has affected you personally? has it made you
Explain why global warming is not likely to be solved by the market mechanism alone. Utilize the terms externality and public goods in your explanation.
Identify the changes in market conditions and the effect of these changes on equilibrium price and quantity for the given events. The wages for all dental assistants increase with the increase in the costs of inputs. How confident do you feel in your..
The variation attributable to factors other than the relationship between the independent variables and the explained variable in a regression analysis is represented by Question 19 options: regression sum of squares. total sum of squares. error sum ..
A computer costs $1, has an estimated life of 10 yrs and a scrap value of $1500. Assuming no inflation and an interest rate of 4%, what uniform annual amount must be invested at the end of each of the 10 yrs in order to replace the computer?
Bretton Woods was the last time a significant portion of the globe participated in a gold-based exchange system. Some economists and politicians, (Ron Paul, for example), believe that some type of gold standard should be reinstituted today. Do you ag..
The labor supply function is given by N=1000+12w and labor demand is N=2000-8w. Find the equilibrium level of employment and wage. Given existing technology and the capital stock, output is given by the function Y=100N. Does the function exhibit dimi..
Some medical clinics participate in the testing of drugs that are still in the experimental stage. In such situations the Food and Drug Administration stipulates that the physician must explain to the patient the nature of the drug, its possible bene..
Using the normal distribution, find the probability that a population with a mean of 35 and a standard deviation of 8 will produce a sample mean of less 34 in a sample of size 64.
Assume the market for cough syrup is in equilibrium. Now, suppose the government imposes a price ceiling that is above the original equilibrium price. Illustrate what are the economic effects of the price ceiling?
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