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Question -
1. Explain the relationships between who pays a sales tax and elasticities of demand and supply.
2. Concession stands at movie theatres charge high prices for popcorn, drinks and other refreshments. this pricing increases total revenue. What does that imply about the price elasticity of demand for refreshments in movie theatres? What theatre policy helps make this demand elastic or inelastic?
3. If your manager offers you a 20% raise, and in response you work 10% more hours, how would you describe your price elasticity of labor supply? Are these smart choices for both of you? Explain your answer.
You have the opportunity to launch the product with an attached $2-off coupon good for the first period of sales.
zybeck corp. projects operating income of 4 million next year. the firms income tax rate is 40. zybeck presently has
classify each of the following as employed unemployed or not in the labor force.a. beth is not working she applied
List two goods for which lower gasoline prices will reduce demand, and two goods for which lower gasoline prices will increase demand.
Examine the following statement to see whether it is true or false. If it is true, explain why it is true. If it is false, explain why it is false and then write the statement correctly.
What is the implied price of holding money in a checking account rather than in Treasury bonds?
You are the human resources manager for a boutique retailer. Currently, the company pays the sales staff a flat $18/hour for each 8 hour shift, regardless of sales. You suggest an alternative compensation scheme in which sales personnel receive $8/ho..
Explain how the data will be physically collected. Calculate the sample size for the mean or sample or sample size for the proportion. Explain where data will be stored and how it will be protected.
determine how you would assess demand for and the cost to produce your product or deliver your service. Provide specific examples to support your response.
What circumstances would ethically justify a government or private company in restricting information made available to the public during a disaster?
Vera is an impoverished graduate student who has only $100 a month to spend on fodd. She has read in a government publication that she can assure an adequate diet by eating only peanut butter and carrots in the fixed ratio
In the early 1980s, the US rate of inflation fell from 13% to 4%, government regulation decreased and deregulation increased, and the Reagan Administration.
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