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Question: Suppose there is soda tax to curb obesity. What should a reduction in the soda tax do to the supply of sodas and to the equilibrium price and quantity? Can you show this graphically? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
Define the gross repayment R* that would enable the bank to elicit effort and debt repayments from the borrower at date 1.
Describe the relationship between the contents of this course and your present occupational position or your desired future occupational position.
Construct a graph showing supply and demand in the tablet case market, using Microsoft Excel. How are the laws of supply and demand illustrated in this graph? Explain your answers. What is the equilibrium price and quantity in this market
Explain the factors that will affect demand, supply, and prices of that product. Examine factors that will affect Total Revenue
What is the probability that the employer will hire a high skilled worker?
You are the manager of a small pharmaceutical company that received a patent on a new drug three years ago (patents in the U.S. are valid for 20 years). Despite strong sales ($125 million last year) and a low marginal cost of producing the product ($..
Evaluate the article using Economic concepts. You should include The essence of the story (1 to 2 paragraphs): Introduce the issue, who is interested in it
In 1980, the inflation rate in the US was 12.5%. At that time, the consensus outlook claimed inflation could not decline by more than 1% per year.
Using the aggre- gate demand-aggregate supply model, illustrate an econ- omy with an expansionary gap. If the government is to close the gap by changing government purchases, should it increase or decrease those purchases? In the long run, what ha..
In an up-coming textbook chapter you will learn that wages reflect the productivity of labor. That is, higher productivity brings higher wages, and vice versa. How do the readings in this group cast doubt on this morsel of theory.
Using the principles of supply and demand, develop a plan to alleviate the shortage of Math and Science teachers within this country. Try to use price and non-price determinants as your tools to reach equilibrium.
The Federal Reserve issued the Federal Open Market Committee (FOMC) statement after its meeting. This information is highly anticipated because it clarifies the stance of monetary policy in the future.
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