4 MAR‚ 2013‚ 05.23PM IST‚ AGENCIES Tata Motors slashes hatchback‚ sedan prices by Rs 29‚000-50‚000 NEW DELHI: Tata MotorsBSE 0.74 % said it has cut prices of its hatchbacks and sedans by Rs 29‚000-50‚000 ($530-$910)‚ in a bid to lure customers to a market that is on course in the current fiscal year to post the first decline in annual sales in a decade. Tata Motors‚ however‚ raised prices of its sport-utility vehicles (SUVs) - the only bright spot in the country’scar market in recent months
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Over a hundred thousand jobs the U.S. economy has created in the past ten months. It is still below the two hundred thousand needed to drastically bring down the unemployment rate‚ which is around eight percent. The positive we have is income and consumption and GDP growth‚ but it is still growing below trend rates. The housing market still shows little to no sign of life. The high prices of oil are presenting a significant headwind in the U.S. economy. The Federal Reserve still try’s to stimulate
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What is the difference between micro and macroeconomics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one. Micro and macroeconomics describe the same concept of economics at different levels hence they are intertwined ideas. Microeconomics is concerned with individuals in the economy like households‚ workers and business (Taylor & Greenlaw‚ 2016). It concentrates on how business establishes prices‚ how it is affected by taxes and it explains the concept of demand
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Advanced Placement Microeconomics Instructor‚ Mrs. Peggy Pride Study Notes to accompany Economics Principles‚ Problems and Policies‚ 15th Ed. Campbell McConnell Stanley Brue AP MICROECONOMICS SEMESTER PLAN Instructor‚ Mrs. Peggy Pride TEXT: Economics‚ Principles‚ Problems and Policies‚ 15th Edition‚ McConnell and Brue Video: Econ U$A series with discussion Class Activities: APIP workbook activities‚ reinforcement and writing activities and other teacher-developed materials This semester-long
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Fundamentals of Macroeconomics Ashley Heard Principles of Macroeconomics-ECO/372 November 19‚ 2012 Sharon Bush University of Phoenix Fundamentals of Macroeconomics Macroeconomics defined as “the study of the economy as a whole‚ which includes inflation‚ unemployment‚ business cycles‚ and growth” (Colander‚ G-5). There are many fundamentals that affect the economy in both a good and bad way. These fundamentals affect the economy‚ and they also show the growth of the economy. The fundamentals
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WLC BUS 181 - Micro Economics 10 Principles of Economics – Final Paper Professor Kudek Samuel Barreto 04/11/2013 Principle #1: People Face Trade-Offs This article released by the World Bank talks about education in the country of Colombia. According to this article only 37.2% of young Colombians continued their studies or training after high school in 2010. The government’s goal is that half of young Colombians continue their education after high school by 2014. Colombians
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Economics Assignment One Part Two The flood which unusually occurred in Australia from 2010 to 2011 in summer‚ owing to the unusual amount of rain‚ destroyed the main producing areas of bananas in Australia‚ caused a large-scale reduction of bananas in Queensland. Bananas as the first biggest selling fruit in Australian market‚ the main producing areas for the banana market which flooded in the Cyclone Yasi‚ has caused the Australian citizens to be concerned about the shortage of bananas. This essay
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(i) Collusion is common among oligopoly firms. Discuss the factors that make collusion likely to succeed. Use the relevant industry to support your answer. Oligopolistic firms are known to be independent as there are only a few sellers dominating the market; therefore changes in the price‚ sales or output of a firm will surely affect their competitors. The telecommunication industry in Malaysia exhibits the oligopoly market. For instance‚ Maxis or Digi customers are more likely to subscribe to Celcom
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ECON111 Page 115 1. Define the price elasticity of demand and the income elasticity of demand Price elasticity of demand is a measure of how much quantity demanded of a good responds to a change in the price of that good. It is calculated as the percentage change in quantity demanded divided by the percentage change in price. Income elasticity of demand is a measure of how much quantity demanded of a good responds to a change in consumer’s income. It is calculated as the
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CHAPTER 11 QUESTIONS 1. Distinguish among depreciation‚ depletion‚ and amortization expenses. Depreciation refers to the cost allocation of tangible long-term assets; depletion refers to the cost allocation of natural resources; and amortization refers to the cost allocation of intangible assets. All three terms have similar underlying principles governing their use. 2. What factors must be considered in determining the periodic deprecation charges that should be made for a company’s depreciable
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