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Question
"The price mechanism is the major lever in our economic system determining what and how much should be produced. It has not been used properly in the airline industry, therefore the poor financial state of the industry."
What examples could the author use to support his claim? Does economic theory support this contention.
Let market supply be Q=10.2+0.25p and market demand be Q=15.6-0.5p Algebraically solve for the? after-tax equilibrium price and quantity in the corn market if a specific tax of t=?$2.10 is applied to customers. The? after-tax equilibrium price is p=?..
1) What is the IRR for a $925 investment that returns $200 at the end of each of the next 2 years
Discussion postings will require you to read about and discuss current macroeconomic issues or events. You should draw material from reputable sources and media outlets.
You are an economist at a local bank and your task is to review its credit card policy so that your bank can recall some of its credit cards.
Is Philippine a Nation, a State or a Nation-State? Why? Kindly Explain.
Suppose Fred has an income of $5,000 per year, and Harry has an income of $105,000 per year. If we tax $50,000 from Harry to give to Fred, will this represent a
What is the latest and greatest news regarding OPEC and oil prices?
If you were loaned $1 with a 4% interest rate. What would it be in 40 years? And how would you find it without using an inflation or interest rate calculator? What is the formula or method of finding it so I can manually solve it myself?
Suppose the factors of production are ?xed and furthermore suppose the Fed announced today that they are going to reverse the quantitative easing e?orts and decrease the money supply in the near future. What happens to expected in?ation? What happens..
How can government measure how much carbon is produced and is it possible to evasion carbon tax? How should the carbon fee program interact with state programs that address carbon pollution? Can cap and trade can reduce in co2 emission in the long ru..
Discuss an appropriate dispute resolution process for Canned Industries in overcoming this situation.
Suppose that a tariff is imposed on imports of minivans. Show graphically what the effect is in terms of price and quantity of imports. Be sure that your graph is completely and correctly labeled. What determines how much of the tariff is paid by the..
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