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Q. "The U.S. cigarette organization has negotiated with Congress also government agencies to settle liability claims against it. Under the proposed settlement, cigarette companies will make fixed annual payments to the government based on their historic marketplace shares. Assume a manufacturer estimates its marginal cost at $1.00 every pack, its own price elasticity at -2 also set is price at $2.00. The company's settlement obligations are expected to raise its average total cost every pack by about $.60. Illustrate what effect wills this have on its optimal price?"
Explain how does the existence of money reduce the costs of making transactions, relative to a society based entirely on barter.
Now suppose the factory develops an innovation that allows it to produce a shirt for the equivalent of 1 loaf of bread. What is the new radius of the factory's market area.
why the enrollment in colleges also universities increases at times of economic recession
Bud Owen operates Bud's Package Store in a small college town. Bud sells six packs for off-premises consumption.
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.
What can be said about the estimated slope coefficient for a regression of Y on X, versus the estimated slope coefficient for a regression of X on Y.
The Wilson Company's marketing manager has determined that the price elasticity of demand for its products equals.
How would Keynesian solve a recessionary gap using personal tax rates.
Illustrate what is the minimum price necessary for the company to supply one thousand cups.
The effectiveness of different kinds of incentive systems: moral, material, and coercive.
Illustrate what are the factors that will allow them to increase their added value in this type of competitive environment.
Elucidate how would this increase in confidence affect the value of the dollar. Elucidate how would it affect the trade deficit.
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