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If a local movie theater sells tickets at different prices (senior citizens versus young people, matinee versus evening prices) is the local movie theater a monopoly? What about the concession stand inside the theater?
Illustrate what is the number of kilowatt hours of electricity produced and what is the price that the company will charge.
Illustrtae what are the advantages and limitations of International Trade identified in the simulation.
Is the demand for electricity much price elastic when measured over a short period of time or a long period time. Explain.
Would the purchase of bonds by the Bank of Canada in 1.a) increase or decrease the potential for money creation? Explain in less than 5 lines.
Commmon and preferred stock issuances and dividends. Permabilt Corporation was incorporated on January 1, 2003, and issued the following stock, for cash:
Elucidate why the US would subsidize the short run costs of production for tobacco farmers in foreign countries.
Think about a product that you have purchased recently (e.g. soda, diapers, takeout meals, milk, shoes, manicure/pedicure, video game, etc.). Explain how the law of demand affected your purchase. Give specific examples of how the determinants of d..
What is your price elasticity of demand for gasoline and why? How important is fuel efficiency to you (particularly if you have purchased a car in the past three or four years)? Do your driving habits change as the price of gasoline changes?
The intent of this week exercise is to familiarize with EXCEL and to gain experience and practice in interpreting the output generated by most statistical packages (EXCEL) when linear regressions are run on a set of data.
As per fiscal policy makers increase the budget deficit, monetary policy makers should increase the money supply
At each level of output compute savings. At each level of output, compute unplanned investment (inventory change). What is likely to happen to aggregate output if the economy were manufacturing at each of the levels indicated?
As with this data how could you make the cost benefit test to tell if at a given percentage level abatement is effiecient.
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