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What exactly is computational economics? For example, does certain software for calculating/predicting/visualizing cost of manufacture falls under computational economics?
The number of hours you study for an exam and your exam score. The price of pizza and the quantity purchased. The number of games the university basketball team won last year and the number of season tickets sold this year.
Why are barriers to entry essential for a monopoly to exist? Which of the following is NOT an example of a barrier to entry for monopolists? To charge different prices to different individuals or groups of individuals is called: An industry in which ..
Assume that before the price of X2 fell, Fred had exchanged all of his inheritance of X1 and X2 for money, planning to use the money to finance his purchases later, explain how much of X1 & X2 will Fred consume after P2 fell to 1.
Compare and contrast the global marketing strategies of Samsung, Sony and Phillips after listing two or three elements of each company's global marketing strategy.
Illustrate her optimal choice on a graph, using indifference curve-budget line analysis. b. Suppose that the price of a bagel increases to $5. What is Lisa’s optimal choice for breakfast now? You do not need to illustrate this new choice in a gra..
If, in addition, currency deposit ratio(c) is 0.05 and excess reserve ratio (e) is 0.15, what is money multiplier. Explain why money multiplier differs from simple deposit multiplier.
e marginal cost of making a copy is $.50 (50 cents). The average customer makes 4 copies at a time. Illustrate what pricing strategy will maximize your profits.
q1. estimate the malthusian population momentum treatise to the current 3rd world population growth crisisq2. home is a
Explain how does global economic competition impact the domestic market and decisions related to the strategy a firm uses to compete.
Compare and contrast the principles of the institutionalist school to neoclassicism. What tenets of neoclassicism do you think institutionalist economists would reject? Defend your selection.
If the U.S. economy is operating near full employment and the exchange rate increases (the dollar appreciates), explain why the Federal Reserve will be less inclined to raise interest rates.
Think of a business firm you recently visited (such as Walmart, Home Depot, Red Lobster, Barnes & Noble, McDonald’s, etc.). What motivated the producers of all the individual products in the store to make them and offer them for sale?
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