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The main producer for fuel in the world, it causes fuel supply disruptions in the world. Discuss the market equilibrium for fuel and car after the war.
Evaluate how the following situations will affect the demand curve for iPods. Believing that it has significant control of the market for portable digital music players.
What quantity of widgets (Q) will be produced per day? Which party will pay the other? What is the range of possible payments (i.e., the minimum and the maximum that would be paid)?
Find the output you should produce in order to maximize your expected profits so that you can then determine your expected profits accurately.
What is the breakeven point in number of pumps per month? What percentage reduction will occur in the breakeven point if fixed costs were reduced by 18% and unit variable costs by 6%?
Forecast Savings-Mart's sales for each of the quarters in 2010. Which variables of the model are statistically significant? Use t-test for α=.05.
calculate the revenus generated by the tax. calculate the loss in producer surplus. what percentage of the burden of the tax falls on producers?
Marginal-utility-to-price ratio for Superman action figures is 47. Explain why Michael is not maximizing his utility and how can he change his behavior to increase his utility?
Laura's twin brother ,laurence ,buys an upgrade of the same software in 2006 for $50 what problem in the construction of the CPI dose this situation best represent.
Next 15 years and will be worth $28,000 at the end of that time. How much is this investment worth to you today at 5.25 percent discount rate?
the standard model has features similar to the energy efficient model but provides no future savings in electricity costs. it sells for $690. Assuming that your opportionity cost funds (interest rate
what factors might contribute to a low or high growth rate in a country? why do some poor countries experience higher growth rates than others when all face the same challenges?
Draw a supply/demand diagram showing the changes in the market for live rock concerts over the period 1998 and 2008 that is consistent with the facts given above about ticket prices.
What price do you expect to prevail if the new screening methods are adopted? How many units of blood will be used in the United States?
Calculate the price elasticity of demand Ep. at this point on the demand for X, is demand elastic, inelastic or unitary elastic? How would increasing the price of X affect total revenue?
What fraction of this specific tariff is reflected in the price change in United States and what fraction is reflected in the price change in Japan?
The telephone company must maintain the current number of pay phones. In light of this additional restriction, what will be the likely impact of the price ceiling?
You bought two new CDs with the last $30 in your checking account, and your next payday is on Monday. What is the opportunity cost of these CDs?
How would the effect of international trade on the domestic orange market change if the world price of oranges were above the domestic equilibrium price?
Draw both a Solow diagram (that includes output) to describe the dynamics of the poorer country's economy as well as a diagram showing how its output evolves over time.
The order for this item is 10 hours, the container size is 5 units, and the safety stock is estimated to be 5% of the expected demand, what is the number of kanban card sets needed?
The following information relates to a two commodity market for coffee and tea. At market equilibrium, determine the price and quantity of tea and coffee.
What is its total incoming cash flow for the month if its beginning cash for the month is $50,000 and there are no other cash inflows for the month?
Consumption was given by the consumption function c=20+0.6Yd where Yd is disposable income and Y is GDP. what is the level of equilibrium income?
A competitive industry hires 1000 workers. The 1000th worker adds $500 a week to their employers revenue. If a monopoly took over the industry the 1000th worker would likely Add less than $500 a wee