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Netflix is one of the largest subscription based online video demand service for households. Currently, there are approximately 214 million subscribers. Suppose Netflix increases its average flat rate (price) by 10 percent and its total revenue increases. Based on this information, what is the type of demand for Netflix subscriptions? Give reasons.
1.) Defined as the total amount accumulated when the total output is multiplied to its selling price.
Some of the forces working against freer global trade are: A: bi-lateral trade agreements B. industries that are at a comparative advantage C. the support of environmental and labor groups D. strategic trade policy by national governments
What is the offical languages in Barcelona, Spain? What is the difference between speaking and written languages in Barcelona?
What type hedging is the Fiat Chrysler Automobiles (FCA) using? Explain how you could use currency options to hedge your exposure.
If a country is experiencing higher inflation than its trade partners what should happen to the value of its currency? Please explain.
A geothermal heat pump can save up to 80% of the annual heating and cooling bills of a certain home in the northeastern U.S. In this region, the yearly cost of conventionally heating and cooling a 2,000 square foot house is about $2, 500. The maximum..
What are some of the elements of price control how does one handle ceiling inefficiencies?
A licensing agreement is an arrangement whereby a licensor grants the rights to intangible property to another entity (the licensee) for a specific period, and in return, the licensor receives a royalty fee from the licensee. Remember that technologi..
One of the concerns about Walmart's entry into the grocery business in the latter part of the 1990s was that it would set low prices, drive little stores out of business, and then raise prices to monopoly levels when it had no competition. That hasn'..
Daniel makes ice cream. He currently produces 22,000 ounces of ice cream a month using 200 units of capital and 300 hours of labor. With his current production mix the marginal product of capital is 600 ounces and the marginal product of labor is 350..
Graph the individual's budget constraint taking account of both Social Security benefits also the possible withholding of these benefits based on the individual's earnings.
Which of the following best describes a policy which moves the economy to the right and downward along a given short-run Phillips Curve?
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