subject
Business, 11.06.2020 22:57 MariaIZweird7578

For each of the following events, consider how you might react. What things might you consume more or less of? Are your responses consistent with the discussion of householdbehavior? 1.You have a very close friend who lives in another city, a3-hour bus ride away. The price of around-trip ticket risesfrom $20 to $45.
2.Tuition at your college is cut 25 percent
3.You receive an award that pays you $300 per month for thenext 5 years.
4.The price of food doubles. (If you are on a meal plan, assume that your board charges double.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:20
Uppose the book-printing industry is competitive and begins in a long-run equilibrium. then hi-tech printing company invents a new process that sharply reduces the cost of printing books. suppose hi-tech's patent prevents other firms from using the new technology. which of the following statements are true about what happens in the short run? check all that apply. hi-tech's average-total-cost curve shifts downward. hi-tech's profits increase. the price of books remains the same. hi-tech's marginal-cost curve remains the same.
Answers: 1
question
Business, 21.06.2019 19:20
In 2007, americans smoked 19.2 billion packs of cigarettes. they paid an average retail price of $4.50 per pack. a. given that the elasticity of supply is 0.50.5 and the elasticity of demand is negative 0.4−0.4, derive linear demand and supply curves for cigarettes. the demand equation is qdequals=nothingplus+nothing times ×p and the supply equation is qsequals=nothingplus+nothing times ×p.
Answers: 2
question
Business, 21.06.2019 21:50
The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?
Answers: 2
question
Business, 22.06.2019 02:00
Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f
Answers: 1
You know the right answer?
For each of the following events, consider how you might react. What things might you consume more o...
Questions
Questions on the website: 13722362