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What effect will each of the following have on the supply of auto tires? (Keeping all else constant)
a. A technological advance in the methods of producing tires:
(Click to select)
Decrease
Increase
No change
b. A decline in the number of firms in the tire industry:
c. An increase in the prices of rubber used in the production of tires:
d. The expectation that the equilibrium price of auto tires will be lower in the future than currently:
e. A decline in the price of large tires used for semi trucks and earth-hauling rigs, a substitute in production. (with no change in the price of auto tires):
f. The levying of a per-unit tax on each auto tire sold:
g. The granting of a 50-cent-per-unit subsidy for each auto tire produced:
"The ad regulator has banned a Peugeot ad that showed a man reading a text while driving, which it says is in breach of the Highway Code."
Explain the logic of the Ricardian view of government debt and evaluating its practical relevance.
When it comes to the tobacco industry, discuss if you believe it is possible for a company to cater to both its best interest and that of the consumer conjointly or if one always has to prevail.
______An organizational form that is based on direct lines of authority from the top executive to the lowest level of employees is called
Problem 1: Assume that the long run total cost function for each firm in a perfectly competitive industry is LRTC = q3 - 4q2 + 8q and the market demand function is Q = 2000 - 100p. Calculate:
Martha has the utility function U(x, y) = min {4x,2y}. Write down her demand for x and y as functions of the variables m, px, and py, where m is income, px is the price of x, and py is the price of y.
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Answer this question based on the payoff matrix above for a duopoly in which the numbers indicate the profit from following either an international strategy or a national strategy. Refer to the above table. If firm A chooses an international strategy..
q1. show how each of the following would initially affect a banks assets and liabilities.a. someone makes a 10000
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