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Economics for Business
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In this essay report; I have presented the demand and supply condition of gas in the Australia and also discuss the factors affecting to the demand and supply of the gas in the market of the Australia. Basically this assignment makes focus on the current market situation of gas demand and gas supply in the Australia and what are the major factors that making it more competitive.
Using the Library, the Internet, and your course materials, briefly define and explain dynamic pricing. Select a company that uses (or has used) dynamic pricing and respond to the following questions
Explain and discuss view that at beginning of 21st century in US, key macro-finance ratios were such that a decade of negligible real returns to stocks was in prospect. Are key financial ratios useful for forecasting returns to major asset classes..
According to the Bureau of Labor Statistics, the distribution of consumer expenditures. If the negative income tax rate is set at 50 percent and the income floor is set at $5,000, a family that earns $3,000 would have a total income (including the in..
Illustrate what will be the short run effect of government imposition of a lump sum tax per firm equal to 170? If this tax remains
Thriving service industry that contributes to 70% of the GDP of Singapore. It best utilizes the pro-business environmental policy of the government that encourages investment in different sectors with attractive incentives. Location advantage. Singap..
Horsehead, Massachusetts lies on a bay inhabited by lobsters. The town council issues permits for trapping lobsters and is trying to determine how many permits to issue. Graph the marginal revenue and marginal cost curves for operating a boat. Suppos..
In the classic introduction to non-cooperative game theory, the mixed strategy for a player is taught as a distribution over strategy space for the player. The distribution essentially gives us the probabilities (say, discrete strategy set) with whic..
List who you think were the top 5 players (whose ideas were most influential) through Chapter 12. For each, provide a well-written sentence or two describing their contributions to the development of our economic thought.
What price does this firm charge its customers - by what factor does this firm mark up its price over marginal cost and What happens to the optimal contract length when the marginal cost of writing a contract declines?
A risk neutral monopoly must set output before it knows for sure the market price. There is a 50% chance the firm’s demand curve will be P=20-Q and there is a 50% chance it will be P=40-Q. The marginal cost of the firm is MC=Q. The expected profit-ma..
A producer of various kinds of batteries has been producing "D" size batteries with a life expectancy of 87 hours. Due to an improved production process, management believes that there has been an increase in the life expectancy of their "D" size bat..
From which parts of the world did immigrants come in the years between 1880-1920? What caused them to migrate? What were their patterns of work and residence in the United States?
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