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A change in quantity demanded (or a movement along the demand curve) is caused by a change in its own price while a change in demand (or a shift of the demand curve) is caused by a change in nonprice determinants that include changes in consumers' income, taste or preference, price of other goods, expected future price, etcetera. Respond to the following:
Question 1: If Coke's price increases, what will happen to the demand or quantity demanded for Pepsi, all other things being equal?
Question 2: Explain whether it is a movement along the demand curve or a shift of the demand curve.
Question 3: If Coca-Cola develops a new technology that makes Coke tastier, what will happen to the supply curve and demand curve for Coke?
Question 4: Is the demand (curve or schedule) for Coke or Pepsi seasonally different?
Question 5: What is the relationship between Coke and Pepsi? Do they have the same demand curve or are they different? Explain your reasoning.
Discuss how your answer relates to the income and substitution effects of a price change from Knoxville food prices to Berkeley food prices.
Beyond pay, what factors are important in motivating employees to provide you with the greatest value? Is it possible to quantify these?
Suppose, instead of a constant velocity money demand function, the velocity of money in this economy was growing steadily because of financial innovation. How would that affect the inflation rate Explain
you are the president of the united states and the economy is going into a recession. what fiscal policy would you
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Henry, a resident of Nevada, sued Adam, a resident of Utah, in the federal court of California. He sought $60,000 damages for personal injuries arising from an automoblie accident that occurred in Los Angeles, California.
How will a tariff on imported cars help it to accomplish this task? How does the tariff affect domestic producer and consumer surplus?
Comprehensively distinguish between expansionary and restrictive fiscal policy. Is the current fiscal policy stance in SA expansionary or restrictive? Motivate your answer comprehensively. (half a page with references)
Describe the three factors that can be used in authentication and give at least two examples for each. Note: Answer must meet min of 200 words count and proper APA Citation to receive full credit.
Elucidate what would have been the economic effects of this. Describe the pros and cons.
Pawel spends half of the year working in Britain where he consumes British food q and half of the year in Poland where he consumes Polish food Q.
Assume that the Central Bank of Nation X is responsible for maintaining fixed exchange rates by buying and selling domestic
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