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Assume you own a computer retail store located near your campus (give the store any name you want). You have sold fewer PCs in recent years due to strong demand for macs among university students. You will write a sales letter to reach all student housing units. Your goal is to encourage students to purchase PCs at your store. You can do online research to help you contrast PCs with macs and identify price levels. In the sales letter, attempt to show students the advantages of PCs compared to macs and get them to take specific steps to learn more about or even purchase a PC at your store.
If domestic investment in an economy is smaller than the economy's private domestic savings
You are the manager of a firm that receives revenues of $60,000 per year from product X and $90,000 per year from product Y. The own price elasticity of demand for product X is -1, and the cross-price elasticity of demand between product Y and X is 1..
An average worker in Brazil can produce an ounce of soybeans in 20 minutes and an ounce of coffee in 60 minutes, while an average worker in Peru can produce an ounce of soybeans in 80 minutes and an ounce of coffee in 120 minutes. Draw fully labeled ..
The yield curve shows at any point in time:
q1. identify at least one important entrepreneur that you would consider an entrepreneurial legend and state why you
The cost of running the government program ( assuming no storage costs). Illustrate what is the total price of the program to consumers.
the city government is considering two tax proposals- a lump-sum tax of 300 on each producer of hamburgers.- a tax 1
q.the demand schedule for sugar isprice quantity demandeddollars per kilogram millions of kilograms per year3 205 167
q.suppose that every driver faces a 1 probability of an automobile accident every year. an accident will on average
between patents and copyrights which reflects a free market and which is a grant of monopoly privilege by the state?
A monopolist with a straight-line demand curve finds that it can sell one unit at $7 each or seven units at $1 each. Its marginal cost is constant at $6 per unit.
Why is aggregate demand curve downward sloping? (Interest-rate effect, foreign purchases effect and real-balances effect be able to explain logic behind each of these) What are the determinants (shifters) of AD curve. Be able to determine the equilib..
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