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Q1. Difference between deflation and disinflation? What is bad about deflation? Can you distinguish between anticipated and unanticipated inflation? How do they differ in terms of who gets hurt?
Q2. Under what conditions would firms be likely to support an industry-wide advertising ban? Please provide a few examples.
Q3. What are your favorite or most memorable commercials? Why?
Do celebrity endorsements attract you to buy a product? Why or why not?
If a company relies on TV commercials, how do advances like TiVo and DVR have on this form of advertising?
Using a wholesale cost of $4 per case in each state, calculate the breakeven output quantities for each alternative.
Nancy's price-offer path is horizontal. Explain how does Nancy's expenditure on good 1 respond to changes in p1.
Dependency theory characterizes countries as being either in the center or on the periphery
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
Elucidate in detail how banks operate. Include a description of how banks generate profits.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
Assume that the returns of these stocks are independent of each other. Find the mean and standard deviation of the total amount that this investor earns in one year from these four investments.
Coke could have followed the price per unit down, but it didn't. Total soft drink demand increased, and Pepsi took a larger share of the demand.
Explain what the GDP cost index is and what is its role in differentiating nominal GDP and real GDP.
Calculate the following: Rate of Return and Calculate the following: Net Present Value Index
Compare and contrast inflation and deflation. What are some of the damaging effects that each has on an economy.
Bob as well as Nancy live in a new housing development as well as they would like to have fire hydrants installed to assist the fire department in case of a fire.
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