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In running for the party's nomination, what are the advantages and disadvantages of a candidate who has a stronger ideological record? For example, in the 2012 GOP nomination race, what advantages did Rick Santorum (the stronger socially conservative candidate) have as compared to Mitt Romney
A monopolistically competitive firm produces a level of output at which price equals $80, marginal revenue equals $40, average total cost equals $100, marginal cost equals $40, and average fixed cost equals $10.
assume chan. is a perfectly competitive firm which produces baseball bats. chanmpany seeks to maximize profits and
Suppose a country has a money demand function (Md/P) = kY where k is a constant parameter. The money supply grows by 12 percent per year and real income grows by 4 percent per year. What is the inflation rate
If the government imposes a usury law and says that car loans cannot exceed 3 percent per year, how big will the monthly shortage (or excess demand) for car loans be What if the usury limit is raised to 7 percent per year
Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the Federal funds interest rate. Also, assume that the current Federal funds rate is at the 3 percent ..
"DRUGS R US" is a large manufacturer of various kinds of liquid vitamins. The quality control department has noted that the bottles of vitamins marked 6 ounces vary in content with a standard deviation of 0.3 ounces. Assume the contents of the bot..
Assume that the marginal cost to grocery of selling a bottle of salad dressing to customers who use coupons versus those who don't is identical and equal to $1.50. If the elasticity of demand for coupon users is 5 versus 1.25
Describe a leadership development program you feel would be effective to keep managers aligned with customer needs and responsive to their staff'sneeds.
Studies indicate that the price elasticity of demand for cigarettes is about -0.4.If a pack of cigarettes currently costs $2.0 and the government wants to reduce smoking by 20%, by how much should it increase the price
A pump has faild in a facility that will be completely replaced in 3 years. A brass pump costing $6000 installed will last 3 years. However, a used staniless steel pump that should last 3 more years has been sitting in the maintenance shope for a ..
A multiple regression analysis based on a information set that consists of thrity observations yielded the following estimated demand equation:
There are 168 hours in a week. Of these, about 60 hours will go to sleeping (more or less). That leaves 108 hours for which we have a choice in terms of how we will spend that time. Let's assume that we will spend the 108 hours in either work or l..
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