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Part 1. What effect will each of the following have on the demand for small automobiles such as the Mini-Cooper and Fiat 500?
A. Small automobiles become more fashionable.
B. The price of large automobiles rises (with the price of other small autos remaining the same.)
C. Income declines and small autos are an inferior good.
D. Consumers anticipate the price of small auto will greatly come down in the future.
Part 2. What effect will each of the following have on the supply of auto tires?
A. A technological advancement in the method of producing tires?
B. A decline in the number of firms in the entire industry.
C. An increase in the prices of rubber used in the production of tires.
D. The expectation that the equilibrium price of auto tires will be lower in the future than currently.
Present Karl Marx’s economic and social critique of capitalism. Provide empirical examples to illuminate the depth and pervasive of those critiques in contemporary American culture.
Access the SBA Web site to read about the various components of a business plan. (This is the same link from your warm-up activity.)
q. suppose the inverse demand function for an industry is p 9 - q20. the cost function for the industry is c 10 10q
q.use the following graph for yolandas frozen yogurt stand to answer the questions that follows.a. to compute the price
Compare and contrast two different software development approaches (for example, the Waterfall Model versus the Spiral Model or the Object Oriented approach versus Design Patterns, etc)
The more progressive the tax system, the: The portion of the public debt owed to foreigners does not represent any real economic burden to Americans because we received money from foreigners when we incurred the debt. The so-called "recognition lag"..
Why do think the U.S. government should be concerned? Should the government be equally concerned, if it were a surplus?
Co9mpute the percentage change in the Shares of Household Income of Quintiles between 1968 and 2008. Notice the dates are in reverse chronological order. Why do you think it has changed in the manner it has.
How many different combinations of two council members can be selected from the nine who want to go to the conference?
a. Calculate the expected market price. b. What output should you produce in order to maximize expected profits?
Define civic responsibility. What knowledge, skills, attitudes, and behaviors should an effective citizen have? Explain the connections you see among service, civic responsibility, and business?
Though it does lead to an interesting next question. Illustrate what do you think would happen to sale and price of DVDs after this.
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