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Based on the case study above, which new product pricing strategy that the company can adopt in the Australian market? Why?
Calculate the average annual population growth rate that it assumes for the period 2021 to 2031 in order to come up with the low projection of 36.26 million.
How much will output change if the new law passes? Given total output in question, what are external demand levels that occured to cause those output levels?
What is the relationship between future capital, current capital, and output? Assume that TFP is constant. What is the steady state of the capital stock?
People live for four periods. They can choose to work for all four periods, or can attend school in the first period. Do people go to school or not?
Draw another set of graphs illustrating total, marginal and average tax, using A=0, b=0.2, E=5,000. Over which values of income is this tax system progressive?
What is the growth rate needed to achieve this (calculate the numerical target), if growth occurs according to the Harrod-Domar model?
How Do We Track Economic Booms and Busts? Explain why the NBER reported that the 2008 recession began before real GDP had fallen for two successive quarters.
What does the downward sloping shape of the CPC suggest and why is it a straight line?
Suppose two countries have 4 and 9 years of average schooling respectively. Calculate the relative human capital per worker for the two countries.
Now assume that the government decides to institute a minimum wage of 20.71. What will happen in the labor market? Explain and illustrate graphically.
Find the equilibrium strategies in a one-period Bertrand competition setting. You need only intuitively explain the result as in class.
Consider a risk-averse individual with utility function VW where W denotes wealth. What is the minimum price he will be willing to sell the ticket for?
Provide an overview of the reply by Joseph Stiglitz, former Director of the World Bank. Focus on why Daly believes that this approach provides superior series.
What were the revenues in recent years? What was the growth trend of the revenues in the recent years?
Let's address a relatively new type of insurance plan referenced in Chapter 8, the High Deductible Health Plan. Why have they gained so much popularity?
The handbook chapter on competitive balance discusses a two team model for competitive balance in a sports league. Define any abbreviations.
Find the Ramsey-Boiteaux prices and associated consumer surplus. Find the prices if the company is allowed to recover costs, allocating fixed costs equally.
Compute the quantity of money per person in the United States. Do you think this is large? Why or why not?
What necessarily happens to average quality in a hospital market when the generosity of insurance coverage increases?
How would New Urbanism designs help to reduce problems you see in your community? Are there any policies that would help reduce urban sprawl in your community?
Why does the product or service your team created/identified have the power to dramatically reset customer expectation? Why or why not?
Calculate the net present value of Hansen's after-tax cost of the asset. Calculate the net present value of Harmon's after tax cost of the asset.
Identify what factor is changing in each of the scenarios. Make sure that your theory is correct before you start any question.
Explain the reasons why you are intrested you are required to make some examples in real life.