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What is On the Bleeding Edge?
Think about the way social media impacts your life as far as product marketing – online coupons, Groupons, email ads etc. What is on the bleeding edge of technology and how can your product use this idea to increase sales? (The ‘bleeding edge’ is the latest and greatest technology). Give a brief description of your product or service idea that you are developing for this course so your peers know what it is. Then elaborate on how 'bleeding edge' technology can be used to your advantage to sell your product. Mention at least two ways that you can use social media in advertising or selling your product.
What effect will each of the following proposed changes have on wage inequality?
Assume Hailey's Utility Function is U = x^2 y . The price of X is $8 per unit and the price of Y is $2 per unit. Her income is currently $240 / month. Determine her utility maximizing quantities of x and y. Suppose the price of X goes down to $4 per ..
What is the difference between normative and positive statements?
How large is the bias in the CPI due to not immediately incorporating new goods.
Given that standard economic theory looks at human nature as essentially rational and static and Institutional Theory looks at human nature as evolving; What is the importance of a theory of human behavior in economic theory?
Critically evaluate and explain: in monopolistically competitive industries, economic profits are competed away in the long run; hence, there is no valid reason to criticize the performance and efficiency of such industries.
A rise in the price of a smoothie from? $2 to? $3 results in a decrease in the quantity of smoothies demanded from 220 million to 180 million a day and at? today's price of a? muffin, $1.50, the quantity of muffins demanded increases from 80 million ..
Suppose the production function for T-shirts can be represented as q = L^0.25 K^0.75. When K = 1 and q = 2, what is the slope of the isoquant? If there is insufficient information to answer the question, describe what information is additionally need..
List all the tools of monetary policy. List two monetary policy targets. List two ultimate goals of monetary policy. B) Explain how the bank credit channels (two channels) of monetary policy transmission operate.
What are the trial level courts, intermediate appeallate court, and high appellate court in New York State? What is the sliding scale standard with respect to jurisdiction? Can you give an example of it?
Explain how much government securities should be purchased/sold if an open market operation is undertaken
a smaller multiplier means that change in government purchases of goods and services, government transfers, or taxes necessary to close an inflationary or recessionary gap is larger. How can you explain this apparent inconsistency.
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