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Q. With high gas prices, the demand for hybrid automobiles such as the Toyota Prius also the Honda Civic Hybrid is very high. Dealers are routinely charging over list for these vehicles also the waiting list to get one is as long as three months. People are lured by the idea of 50 mile per gallon vehicles which still perform well also are willing to pay the high prices to get one.
Perform a cost/benefit analysis on the purchase of a Toyota Prius versus a Toyota Corolla. Suppose the Prius sells for $24,000 (the average selling price according to edmonds.com) versus a Corolla which sells for $14,000. Also suppose an average MPG for the Prius of 44 (EPA 2008 Rating) MPG also the Corolla at 32MPG (EPA 2008 rating). Use a gas price of $3.29 per gallon. Suppose 15,000 miles per annum use.
Assume that the central bank takes the drastic strategy in part 1, but that the private sector has rational expectations.
Quantity, whole revenue and profit when company charges different price in each market and exploits its total profit.
If the price of soda is $1 every can, Elucidate how many sodas will the consumer purchase in a typical month.
Graph the demand curve for X given the above information. Elucidate how will the demand curve change if M falls to 35,000.
Identify one positive or negative supply shock in the last decade and what is the impact that the shock has had in our economy.
Illustrate what would be the best advice to give him knowing which this is his only source of income.
Although firm expects the order to be of 6 units, determine the minimum average cost of the firm with these different order sizes.
Describe the determinants of varying levels of income. What factors determine a wages of a person
Look at the inflation adjusted data also identify the periods of negative real economic growth. Illustrate what might have caused every of these periods of economic decline.
Assuming sum-of-years digits depreciation, what book value will Model-I have after two years.
If total mortality among children remains constant whereas the incidence of that mortality shifted from late childhood to untimely rates of fertility declined.
How can two countries both be better off as a result of trade? How can tariffs protect U.S. jobs? Do tariffs lead to a net increase in jobs?
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