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explain the income effect and how this might influence ticket sales for nfldo you think wrigleys will raise or lower their total revenue by raising
jeffrey swift has been a messenger used by a couple of the local businesses where the discrimina inc machine shop is located sometimes he has done
1 explain why monopolistically competitive firms charge different prices for their products and oligopolies tend to all charge the same price2
joanne quit her job at umass where she earned 29000 a year she cashed in 40000 in corporate bonds that earned 10 interest annually to buy a stretch
4 do you think wrigleys will raise or lower their total revenue by raising prices explain your answer using my favorite term - elasticityif wrigley
many economists consider medical care a superior good which of the following statements is true regarding a superior gooda consumers want more of a
determine what fiscal policy measure has a more direct impact to the economy1 an increase in government spending or2 an equal decrease in taxes if
suppose you live and work in cleveland earning a salary of 75000 per year and spending 10000 for housing you heard that you are being transferred to
a taxi company currently has 9 cabs in its fleet and its total daily cost is 4750 if a taxi company adds a tenth cab the companys total daily cost
what is the effect on the economic well-being of a nation when a tariff is imposed consult a newspaper and identify an industry where there currently
in 2009 the fed initiated a program called qe or quantitative easing to try and stimulate the economy using a fully labeled aggregate demand and
list and briefly describe the three primary tools the fed has to control the money supply and how all three can specifically be used to either
show a t-account for a bank when you make a deposit of 1000 into your checking account assume the reserve ratio is 20if the lending process
what is the concentration ratio for the industry x and ynumber of firm ----industry x ------ industry y1 -----------------------8750--------
suppose that the probability that a used bike is a lemon low quality is p and the probability that a used bike is a plum high quality is 1-p if a
this week you will apply the specific knowledge of market structures you have gained in class to abbott laboratories create an analysis report
explain how a firm values the contribution of workers to its profitabilitywould a profit-maximizing competitive firm ever stop increasing employment
are all expenditures of a government included in the calculation of gdp for that nation why or why not if not what government expenditures should be
if you are the chief economist of a country experiencing high unemployment and flat gdp what macroeconomic policies might you enact in response to
value modificationsuppose that g is a matrix game with value v proof that kg has value k v for any positive real number kgive an example of a game
a grocery store needs to sell 3000 cartons of 2l 2 milk per month the sales is relativiely constant throughout the month the owner of this grocery
a is current us fiscal policy expansionary or contractionary provide a specific example that supports your answerb is current usmonetary policy
a briefly describe three factors that could shift the investment demand curve of the economy to the rightb briefly describe three factors that could
nbspa briefly explain the calculation of the unemployment rate for the us economy how is the data collected to compute the unemployment rateb explain
nbspa describe the four supply factors associated with economic growthb which of the supply factors do you believe will be most important for the