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Your task is to write a short paragraph discussing the key characteristics of sites when you're analyzing and selecting a location for a new store.
Assume consumers expect a recession to begin in the next few months. They might react by trying to save more in case they are laid-off or have to work reduced hours. Under these circumstances
George has been selling 5,000 T-shirts per month for $8.50. When he increased the price to $9.50 he sold only 4,000 T-shirts. What is the demand elasticity? If his marginal cost is $4 per shirt, what is his desired markup and what is his initial ..
What are the sources of human capital? What are sources of labor productivity? Discuss some specific examples.
Suppose a student a student is trying to decide whether or not to take another economics class take another economics class.
Explainwhat are physical capital, technological progress, and laborproductivity, and the relationship between these and economicgrowth.
What you have learned in previous economics courses, what do you believe will be the employment effect of the increase in the minimum wage in New Jersey
The US economy was in recession in 1974, 1980, 1982, 1991, and 2001. Based on our earlier discussion of export and import functions, net exports would.
What is the relationship (if any) between production technology (i.e. productivity) and cost ? In your analysis define the various cost structures.
Explain very briefly and with a good example, how a seller can determine whether the demand for his or her good is inelastic, elastic, or unit elastic between two prices with suitable examples.
How could the price of labor not fall? answer Buchanan's question: If there is an increase in labor supply, does the equilibrium wage have to fall?
Manufacturing and service are often similar in terms of what is done but different in terms of how it is done. For example, manufacturers must decide what size
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