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If a 3-percent increase in the price of corn flakes causes a 6-percent decline in the quantity demanded, what is the elasticity of demand?
suppose that there are two countries x and y that differ in both their rates of investment and their population growth
question a movie theater has been charging 7.50 per person and selling about 400 tickets on a typical weeknight. after
Suppose consumers' income is $50,000 and the price of satellite TV service is $90. At what price would the demand for cable TV services be 55,000 households?
Do the determinants of private demand affect market demand?
1. greg has a salary of 100. he spends his entire budget on milk and cookies. the cost of a quart of milk is 2.00 and
Calculate her utility maximizing choice of food and clothing and calculate the level of utility her optimal consumption bundle gives to her.
Explain the predicted impact, other things equal, on the terms of trade of developing countries of relatively slow growth in demand for developing countries goods by developed countries combined with relatively rapid growth in demand by developing..
Describe various revenue models available as video content shifts from atoms to bits. What are the advantages and disadvantages to each - for consumers, for studios, for middlemen like television networks and Netflix?
tammie makes 150 a day as a bank clerk. she takes off two days of work without pay to fly to another city to attend the
Distinguish between liquidity and solvency. Why are banks vulnerable to liquidity problems and how can a liquidity problem change into insolvency? How can the Fed prevent this from happening?
Cause the aggregate demand curve to shift to the right
What factors, specifically, affected the demand for lemonade - What pricing strategies did you use
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