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Question: What pricing strategies do you observe companies using to gain a larger share of the market? As a consumer, do you view these pricing strategies as effective? Why or why not?
Discuss three aproaches used in measuring national income - What are the factors that cause decrease in demand and supply.
What are the market equilibrium price and quantity demanded for smoodie in the long run? Do firms make economic profit or incur a loss? Explain why. Also, what will be the number of firms producing smoodie in the long run?
The impact of Alfred Marshall on economics has been profound; write a short biography (1 page) with sources that outlines his contributions to the field.
Consider the following parameters that describe an economy: C = 50 + 0.8YD I = 70 G = 200 TR = 100 t = 0.2
What share of Country Ds population must be employed - Suppose that the share of population employed in Country C is 50 percent
In the hope of high returns, venture capitalists provide funds to finance new (startup) companies. However, potential competitors and structures of the market.
How do firms contribute to the efficiency of the market economy in ways that networks of independent contractors do not? Use your organization.
Why is rejection of the null hypothesis using a t test a more specific statement than rejection of the null hypothesis using the appropriate distribution-free test?
Do Okun's law and the short-run Philips curve appear to be related concepts? Would a breakdown in the Okun's law relationship strengthen or weaken the case for active policy making?
Look at the figure in the Focus box on Latin America. Note that the line drawn through the scatter of points does not go through the origin. Does the Fisher effect suggest that it should go through the origin? Explain.
Explain what would be the effect on the dollar/euro exchange rate if economic growth increased in the EMU but not in the United States. Explain what would be the effect on the dollar/euro exchange rate if the price level increased less in the United ..
The country of Middle Terra has 200 people, 100 of them are working, and the real GDP is $5,000. If 50 refugees from Low Terra are arriving; all of them are hard workers, so they are allowed to work. As a result the real GDP is increasing by $1,000. ..
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