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Find the percentage change from last year to this year in the United States' nominal exchange rate with Russia (measured as # of Dollars/1 Ruble).
Compute the percentage change in nominal GDP, real GDP, and the GDP deflator in 2002 and 2003 from the preceding year.
Determine whether or not the firm's operations are productively-efficient. (e) Use the price-cost formula to determine whether or not the firm's operations are allocatively efficient.
Specifically, would the new long-run equilibrium price above, below, or equal to the short run equilibrium price in part b? Is it possible for the new long-run equilibrium price to be above the orig
Game theory can be used to demonstrate that oligopolists:Answer a. rarely consider the potential reactions of rivals.
Calculate the Lerner Index for the monopoly described in the question above.
But then Rock announced that he would add a second show that night. How would an increased supply of tickets to see Rock's show affect the market for tickets to see Sheen?
Calculate the forward discount or forward premium for the following spot and three-month forward rate:
If the prevailing market price is $14 per unit how much should the firm produce? How much profit will it earn at that output rate.
Define and draw the PPC for hypothetical country that produces coconuts and meat. if this economy chooses only to produce coconuts, it would be able to supply 400 kgs of coconuts per day. it would
If the marginal propensity to consume in an economy is 0.8, net exports are zero, and government spending is $33 billion at each level of real GDP, the slope of the economy's aggregate expenditures
Use the asset market equilibrium model to trace short-run effects on the exchange rate, interest rate to the following situations:
The downturn in economic activity or recession in 2007 and 2008 forced many firms to develop new competitive strategies to survive. Find examples of these strategies in various business publications
The owner of a small hardware store-the only one in a medium -sized town in the mountains-has just learned that a large home improvement chain plans to open a new store nearby.
Drug-manufacturing firms seem to be preparing to enter the market in competition with Happy Pets. What other recommendations would you offer this firm?
Comment on this statement. Do you agree with the speaker? Explain. Illustrate your answer with the use of a graph indicating the firm's short-run cost structure.
Forecast 2011 sales given that the price is reduced to $225 and that per capita disposable income increases to $9,000.
What are the types of business organization/company forms from an economists's point of view? Also best social interest as well as cons and pros
The security deposit will be refunded at the end of the 24 month lease. Assuming an interest rate of 6% compounded montly, which lease is the preferred one?
Compare the additional revenue Circuit City makes as it moves from 2 million to 4 million copies of Vista with the additional revenue it makes as it moves from 4 million to 6 million copies of Vista
Which of the following would increase investment, while leaving an existing investment demand curve, say, ID2, in place?
Calculate the consumer surplus at the profit maximising price and quantity. How may the company protect its monopoly power?
Suppose that in a closed economy GDP is equal to 8,000, Taxes are equal to 2,000, Consumption equals 5,000, and Government expenditures equal 1,000. What are private saving and public saving?
Which of the following statements is true for a non-price discriminating monopoly? The monopolist's demand curve slopes down and is also the total revenue curve, and the marginal revenue curve lies
Dumping pollutants creates an opportunity cost for the polluter; What is the significance of this opportunity cost to the search for better technology to reduce pollution?