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External link to Border Crossings into B. Up 15 Percent Cheap gasoline brought 964,000 American visitors through border crossings in B.
Economics Writing Help

Border Crossings into B. Up 15 Percent Cheap gasoline brought 964,000 American visitors through border crossings in B.

1. Border Crossings into B.C. Up 15 Percent Cheap gasoline brought 964,000 American visitors through border crossings in B.C. during the first four months of 2016, a 15 percent increase from the previous year. Source: Vancouver Sun, July 9, 2016 The U.S. energy Information Administration reports the average price of gasoline was $2.83 a gallon in July 2015 and $2.22 a gallon in July 2016. […]

External link to Suppose the demand for beer is characterized by the following point elasticities: own price elasticity = -2.
Economics Writing Help

Suppose the demand for beer is characterized by the following point elasticities: own price elasticity = -2.

Suppose the demand for beer is characterized by the following point elasticities:own price elasticity = -2.5cross-price elasticity with soda = +3income elasticity = +2Based on the given elasticities, answer the following. Explain your answers.a. If a firm in the industry wishes to increase total sales revenue (ignoring cost considerations), will it raise or lower its selling price? Why?b. What happens to the demand for beer […]

External link to Twenty first century electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the…
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Twenty first century electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the…

Twenty first century electronics has discovered a theft problem at its warehouse and has decided to hire security guards. The firm wants to hire the optimal number of security guards. The following table shows how the number of security guards affects the number of radios stolen per week. Number of security guards————– Number of radios stolen per week 0————————————–50 1—————————————30 2—————————————-20 3—————————————-14 4—————————————–8 5—————————————–6 (a) […]

External link to Let’s assume that like the average Penn State grad that you make $50,000 at your initial job.
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Let’s assume that like the average Penn State grad that you make $50,000 at your initial job.

Let’s assume that like the average Penn State grad that you make $50,000 at your initial job. We’ll also assume that you’ll work for 45 years and that your real pay grows at the same rate as real per capita income in the U.S. If the U.S. growth rate does indeed change from 2% to 4%, how much more would you earn per year in […]

External link to Reply with at least 150 words in text citation and reference The parity of purchasing power (PPP) is the concept that will focus on the supposed exchange rate in such a way that it is necessary to pre
Economics Writing Help

Reply with at least 150 words in text citation and reference The parity of purchasing power (PPP) is the concept that will focus on the supposed exchange rate in such a way that it is necessary to pre

Reply with at least 150 words in text citation and reference The parity of purchasing power (PPP) is the concept that will focus on the supposed exchange rate in such a way that it is necessary to preserve one price law. The average exchange rate between the two countries will be a fair one if the purchasing power parity holds a stronger value equal to […]

External link to Questions are below. 150 words minimum.There are various forms of unemployment. There are also ongoing debates on the effectiveness of measuring the rate of unemployment and its policy implications.W
Economics Writing Help

Questions are below. 150 words minimum.There are various forms of unemployment. There are also ongoing debates on the effectiveness of measuring the rate of unemployment and its policy implications.W

Questions are below. 150 words minimum. There are various forms of unemployment. There are also ongoing debates on the effectiveness of measuring the rate of unemployment and its policy implications. What are the different types of unemployment and how are they related to the condition of the economy during a given period? Is it possible for the number of employed workers to increase while the […]

External link to In the aggregate expenditures model, if aggregate expenditures are higher than real GDP: there are unplanned decreases in inventories.actual real…
Economics Writing Help

In the aggregate expenditures model, if aggregate expenditures are higher than real GDP: there are unplanned decreases in inventories.actual real…

In the aggregate expenditures model, if aggregate expenditures are higher than real GDP: there are unplanned decreases in inventories. .actual real output is greater than equilibrium real output. .aggregate output decreases. .employment decreases.

External link to Part I: Describe an example you have experience with of the principal-agent problem (for example, you have a desire for your children to listen in school and do well, while for them, goofing off at sc
Economics Writing Help

Part I: Describe an example you have experience with of the principal-agent problem (for example, you have a desire for your children to listen in school and do well, while for them, goofing off at sc

Part I: Describe an example you have experience with of the principal-agent problem (for example, you have a desire for your children to listen in school and do well, while for them, goofing off at school might be much more fun), and explain how incentives can be used to overcome the principal-agent problem (such as paying your children for good grades). Include in your explanation […]

External link to The idea that transactions in a market place work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price they are happy with the deal. There is no
Economics Writing Help

The idea that transactions in a market place work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price they are happy with the deal. There is no

The idea that transactions in a market place work like an invisible hand is to some extent the idea that when a person chooses to buy an item at a given price they are happy with the deal. There is no coercion. If the person really does not like the deal they simply walk away. Given that background. Your business partner is strongly opposed to […]

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