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Suppose that the residents of Lusaka spend all of their income on banana, apple, and oranges. In 2008, they buy 100 bunches of banana for $200, 50 of apple for $75, and 500 oranges for $50. In 2009, they buy 75 bunches of banana for $225, 80 of apple for $120, and 500 oranges for $100. a. Calculate the price of each fruits in each year. b. Using 2008 as the base year, calculate the CPI for each year. c. What is the inflation rate in 2009?
consider eleanor a barnard junior who purchases soda s and tennis balls t.a. assume that the following bundles are all
A $2 million school-bond issue bearing interest at 15 percent payable annually and maturing in 25 year was sold at a price which a 20 percent annual rate of return to the investors. The brokerage fee for handling the sale was 0.3 percent of th..
In the competitive market at a price of $50 and cost function of C=50+5Q2 find out the maximum profit? Show how the solution was reached.
suggest new target market segment for product and its accompanying pricing strategy for instance bundling and
firms can operate in one or more markets and not always on the same side of the market. general motors is a buyer in
Consider a perfectly competitive market with (inverse) demand of P = 90 - 3Q and supply of P = 10 + Q. Decide the equilibrium price and quantity. Compute consumer and producer surplus. What is the marginal cost, MC? What is the average cost, AC?
what is the current macroeconomic situation in the u.s. e.g. is the u.s. economy currently concerned about unemployment
What is the multiplier?
japan has a very low rate of immigration because of very restrictive government policies. what arguments could you make
assume the graph below represents the market demand for a patented prescription drug together with the long run
based on the information provided for the market for video games answer the following questions.priceq demandedq
suppose you have two types of customers. type 1 customers typically purchases your firms product in bundles of 100
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