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1. Why does sales volume rise during weeks when states suspend taxes on sales by retailers? Demonstrate your answer graphically assuming that the retailer pays the tax.
2. What is the expected impact of increased security measures imposed by the federal government on airlines fares and volume of travel? Demonstrate your answer graphically.
Compare the thermal performance and throughput of that system to the batch and continuous-flow systems of this chapter.
The licensing restrictions allow each company to sell as much as it wants at a price ceiling of $2,200. You have the following output and MC data for each company: Output MC ($) Q Abba Babba Cabba 1,000 2,500 2,600 2,700 2,000 2,400 2,300 2,500 3,..
Find the Nash equilibrium of Cournot's game when there are 2 firms, the inverse demand function is given by equation P(Q) = a - Q if Q a
Your company modifies high-end computers for use as servers for robotic manufacturing devices. You occasionally have problems with hardware failures that are in excess of what you feel is normal.
The output of workers at a factory depends on the number of supervisors hired (see below). The factory sells its output for $0.50 each; it hires 50 production workers at a wage of $100 per day, and needs to decide how many supervisors to hire.
What rule does a multiplant monopolist use to allocate output among its plants? Would a multiplant perfect competitor use the same rule?
Currently, at a price of $1 each, 100 popcycles are sold per day in the perpetually hot town of Rostin. Consider the elastictiy of supply. In the long run a price increase from $1-$2 has an elastic supply of 1.5
Your final option is to achieve your inflation target using interest rate policy. Using the Fisher equation, compute the current nominal interest rate in your country. What nominal interest rate will allow you to achieve the inflation target?
How would your answer differ if you expected that the nation would face a period of extremely high inflation (say, 300 percent)?
Electricity producers would spend $208 million a year to comply with the new rules. (Think of these dollar amounts as dollars' worth of other goods and services.)
On January 1, Frank Jensen bought a used car for $7200 and agreed to pay for it as follows: 1/3 down payment; the balance to be paid in 36 equal monthly payments; the first payment due February 1; an annual interest rate of 9%, compounded monthly.
Discuss the various disciplines that contribute to Organisation Behaviour, outlining how these contributions are reflected in an organisation's life circle
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