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Assume the price elasticity of cigarettes is 0.25. By how much would prices have to increase to get a 20% reduction on smoking?
explain the method with an example
estimate the determinants of demand of a firm or several firms within a particular industry or country
A firm has the certain total revenue (TR) function: TR=(4Q+2) e 4Q where Q is Quantity Find the firm's marginal revenue function.
A firm's total revenue (TR) is provided by pq, where p is price and q is quantity sold. Assume the firm is initially selling 1000 units of its product at a
examples
Consider an equation to explain salaries of CEOs in terms of annual firm sales, return on equity (ROE, in percent form), and return on the firm's stock (ROS, in percent form): L
Factor that affect the volume of production
How to test the linear regression?
Students in the red/black card game had to make individual deals. How would the situation change if they could bargain collectively?
Explain the stages and various coordination mechanisms involved in policy process.discuss various factors that influenced agenda setting in policy process
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