Business, 16.10.2020 23:01 alissiabenner4087
Why do prices increase when demand for a product is high?
Companies know they can make more money by selling fewer products at higher prices.
Companies know that people will be willing to spend more to get an in-demand product.
Companies take advantage of the demand to make people spend more money on excess p
Companies know they can stop production and still make money on sales.
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Answers: 1
Business, 21.06.2019 19:50
The u.s. stock market has returned an average of about 9% per year since 1900. this return works out to a real return (i.e., adjusted for inflation) of approximately 6% per year. if you invest $100,000 and you earn 6% a year on it, how much real purchasing power will you have in 30 years?
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Business, 21.06.2019 23:30
Which term refers to the cost that motivates an economic decision
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Business, 22.06.2019 01:40
Suppose general motors demands labor according to the labor demand function ํคํค= 40โ0. 5ํธํธ, where ํคํค is the hourly wage and ํธํธ is the number of employees. the united auto workers union has a utility function given by ํํ=ํํโํธํธ. a.in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b.if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.
Answers: 1
Business, 22.06.2019 11:00
Using a cps-sample of 7,440 individuals, you estimate the following regression: = 20.91 - 2.61 x female where female is a binary variable that takes on the value of 1 for females and is 0 otherwise. the standard error on the coefficient on female is 0.25. the 95% confidence interval for the gender wage gap, or the amount that females earn less, is: a) [-3.10, -2.12] b) [18.30, 23.52] c) [-3.02, -2.20] d) [-1.96, -1.64]
Answers: 3
Why do prices increase when demand for a product is high?
Companies know they can make more money b...
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