What will be the effect on demand for human orange pickers
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Construct game-theory matrix involving two firms and their decisions on high versus low advertising. Why won't they unilaterally cut their advertising budgets?
Your opponent picks first. What number do you expect her to choose? Why? What number would you then pick? Why are the two numbers so close?
What portion of the $620 difference between the $9,380 Dolly paid for the bonds and their $10,000 face value is OID?
What is the significance of resource pricing? Explain how the factors determining resource demand differ from those determining product demand.
What will be the effect on the demand for human orange pickers? What does that imply about the relative strengths of the substitution and output effects?
Explain the economics of the substitution of ATMs for human tellers. What are these banks trying to accomplish?
What portion of the OID would be included in taxable interest income for 2014?
How does monopolistic competition differ from pure competition in its basic characteristics? Explain fully what product differentiation may involve.
Discuss how much interest income Ramona must include in gross income in 2014.
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