What will happen to the price of premium coffee

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Q1. In 2006, the imaginary nation of Vilonia had a population of 5,000 also real GDP of 500,000. In 2007 it had a population of 5,100 also real GDP of 520,200. Over the yr in question, real GDP per person in Vilonia grew by

Q2. If hard freeze eliminates Brazil's premium coffee crop, illustrate what will happen to the price of premium coffee?

Q3. Consider an innately repeated Bertrand duopoly with discount factor δ < 1, unit cost of c > 0. Conclude under which strategies of the subsequent form.

Reference no: EM1315097

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