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develop a regression equation using any data. Use the regression equation to focus the demand for the product you chose for the next three periods. Assess what the results of the regression equation tells managers and how it is likely to impact decisions made related to maximizing profitability.
Should price rise for products in demand be allowed during extreme times of demand.
Elucidate the trend over the past few years. What stage of the Business Cycle would the U.S. economy be in currently given the trends
Finding the short run and long run profit maximizing price - quantity and number of firms in industry.
Select an article on economic competition from a professional economic, or management journal published in the past 7-years such as The Economist,
Describe the creation of money from excess reserves and multiple deposit expansion in banking system. How does the multiplier affect the supply of money?
Let a company's demand be given by: Q=100-P. Let company's marginal cost be $2 per unit of production. Solve for the firm's marginal revenue equation and optimal output or price combination.
What is a discouraged worker? Are they included in the basic unemployment rate? Are they included in any measure of unemployment? How has the number of discouraged workers changed since 2008? How does the exclusion of the discouraged worker affect..
Illustrate what does this say about the likelihood of our running out of resources.
If the former, when and where was the latest ministerial meeting. If the latter, Elucidate the main features of the agreement.
Explain why marginal product first rises, then declines, and ultimately becomes negative. What bearing does the law of diminishing returns have on short-run costs? Be specific.
Raj's Utility bundles of X and Y is given by U(X,Y)=XY A. Fill in the table with Raj's utility for the corresponding bundles x=1 x=2 x=3 ,y=1 ,y=2 ,y=3 B. Wri..
Which nation has an comparative advantage in the production of tungsten.
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