5Yd I = 60 T = 10 + 0.2Y X = 20 a) Find out the value of equilibrium national income. b) Check if there is a budget deficit or surplus. c) And what about the trade balance? d) What happens if Imports increase of 20? G = 55 M = 10 2. Given C = 40 + 0.5(Y-T) I = 60 G = 55 T = 10 + 0.2Y What is the value of equilibrium income level ? If both autonomous consumption (expenses) and T increase by the same amount‚ equilibrium Y will increase‚ decrease or being unchanged? Why? 3. In a
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Situation 1: The motorcycle helmet market has 13 companies‚ and four firm concentration ratio of 26%. While the helmets have a variety of designs‚ they are sold at very similar prices. Recently‚ the death rate from head injuries in motorcycle crashes has been rising. The producers advertise their helmets as “effective‚” but some helmets withstand most falls and others are produced with materials that are more likely to crack in commonly experienced falls. The weaker helmets cost about $8 less to
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or the equilibrium principle. The various factors influencing shifts in supply and demand and their effects on the market have also been discussed. Moreover the role of government and the reasons behind their intervention with regard to price determination has also been discussed in considerable detail. To understand the market forces‚ it is imperative to first get an understanding of how the forces of demand and supply help to reach the equilibrium price level. After that we shall move on to describing
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offering that allows the consumer/stakeholder to derive benefits particular to their needs/wants Services are products that we purchase and consume in ever-growing quantities; they range from restaurant meals to university education. In business markets‚ services include such things as cleaning and IT. The businesses that provide these services understand that delivering value and customer satisfaction are key to ensuring their businesses survive and flourish. Such is the importance and pervasiveness
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There are many ways to segment markets‚ but the most effective approach for Tesla would be to use a concentrated segmentation strategy. Tesla should not try to appeal to everyone by engaging in a mass marketing campaign. A concentrated segmentation strategy will allow Tesla to employ its limited resources more efficiently. Geographic segmentation is used when a product satisfies a customer’s want or need that is specific to a region. Tesla can use a geographic segmentation because gas prices
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examples of: a. non-word marks b. brand extensions c. brand symbols global brands d. e. both a and c British entrepreneur Richard Branson has built a global business empire by: a. relying on brand extension b. being the first to use smart cards in major markets c. developing local brands d. avoiding consumer businesses with established leaders Maslow’s hierarchy is applicable to global marketing because it can help explain
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Introduction In biology there is a scientific principle known as the Hardy-Weinberg Equilibrium. In this principle it is believe that allele frequencies will remain the same among the different generations‚ depending on whether or not the five assumptions are taking place. In this experiment‚ students put the Hardy-Weinberg theory to the test. Out of the five assumptions‚ only two were conducted in the experiment‚ Natural Selection and Mutation. For those that do not know‚ the Hardy-Weinberg
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Lab Experiment # 11 The common ion effect in dissolution and precipitation Equilibria Introduction: Dissolution and precipitation reactions are very important chemical reactions because it is applied to many aspects of the industries in medicine‚ food‚ water etc. The objectives of this laboratory experiment is to become familiar with dissolution and precipitation equilibria‚ develop a lab technique suitable for the determination of the solubility for a sparingly soluble salt‚ Ba(NO3)2 (s) at room
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Market Potential A market potential is an estimate of the maximum possible sales opportunities for a commodity or group of commodities open to all sellers in a particular market segment for a stated period under consideration Before going to the stage of establishing market potential‚ commodity grouping must be established in such a way that the individual commodities concerned are uniform with respect to the demand function. Since most products do not greatly differ from others‚ consumers
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of oil and second- largest producer of natural gas. It is the second-largest trading nation in the world behind China. It has been the world’s largest national economy (not including colonial empires) since at least the 1890s. China The Socialist market economy of People’s Republic of China (PRC) is the world’s second largest economy. It is the world’s fastest-growing major economy‚ with growth rates averaging 10% over the past 30 years. China is also the largest exporter and second largest importer
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