Hi, I need help solving this question: 100 x LN(Xt/Xt-1)/s; where X is any variable and s is time) Please explain how to get the answer 1.45 percent for 1973 to 1996, and 2.76 percent for 1996 to 2007 by using the natural log growth equation as required.
The competitive position of industry suppliers is weakened when A. threre are no sufficient substitutes for supplier products B. the cost of switching from one supplier to another is low C. suppliers’ prodcucts are differenciated D. the items purchased from suppliers are in short supply
Microecon, ECON 211, help on one assignment module. Q3I cant draw graph for you as it is online graph.Your graph is wrong. Add 350 to each given value of marginal private cost and thn plot thepoints, this way the Marginal benefits equal marginal…
“Diminishing marginal utility explains a lot about human behavior. For example, it helps illuminate why diets fail, romances fade, too much exercise harms us, and many other things. Select a human behavior and construct a “mini case study†that highlights the workings of marginal utility.” This is only one question. "Diminishing marginal utility explains a lot about human behavior. For example, it helps illuminate why […]
3. Joan buys gasoline and food. When the price of gasoline is $1.00 per gallon, she buys 50 gallons per week and spends $50 on food per week. the government want to reduce consumption of gasoline as part of an environmental policy and is considering two alternatives. They are: (1) restrict the number of gallons of gasoline anyone can buy to 40 gallons per week, […]
Focus on the cost of trial on the economic argument. In both Canada and the U.S., insider trading in stocks is permitted in many casesprovided the required reports are filed by the insider and the company traded. Somehave argued there should be an outright prohibition of insider trading, supported bycriminal penalties like jail. Others have argued that there should be no regulation.Parties should be free […]
Have you experienced transformational leaders who were not charismatic? (At least 250 words). Transformational LeadersTransformational Leadership is first time introduced by leadership expert JamesMacGregor Burns. He has defined that transformational leadership can be seen when…
Question #4 (3rdDegree Price Discrimination) A Monopolist selling a cell phone in two separate markets. They must decide how much to sell in each market in order to maximize their total profits. The demand in the Brazilian Market is : QBrazil= 120 – 10PBrazil The demand in the United States Market is: QUSA= 60 – 20PUSA If Total Cost is: TC = 90 + 2(QUSA+QBrazil) […]
Identify a firm which operates in monopolistic competitive environment and a firm which operates in an oligopoly environment. Explain how you concluded the firm was monopolistic competitive or an oligopoly. Apply Porter’s five forces to explain: 3) What challenges to profits arise due to supply chain and intermediary consumers such as processor and distributors.
What are the most interesting/relevant topics we have covered in this class, and how do they relate to your own life? Would you recommend that other students take a class in Economics (why / why not)?
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