Managerial Economics Numerical Problems DEMAND AND ELASTICITY OF DEMAND Problem 1 The following are demand and supply equations of a pen manufacturer. Qd = 5‚00‚000 – 50‚ 000 P Qs = -1‚00‚000 + 1‚00‚000 P Find 1. At what average price‚ level of demand is equal to zero. 2. At what average price‚ level of supply is equal to zero. 3. Calculate the equilibrium price and quantity. Problem 2 Yashika Limited manufactures an automatic camera that currently sells at uS$90. Sales
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RESEARCH PROBLEM: A problem is (1) any significant‚ perplexing and challenging situation‚ real or artificial‚ the solution of which requires reflective thinking; (2) a perplexing situation after it has been translated into a question or series of questions that help determine the direction of subsequent inquiry. ELEMENTS OF A RESEARCH PROBLEM The term research problem implies that an investigation‚ inquiry or study is to be conducted‚ or that the problem is ready for investigation
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local government‚ and health agencies with large amount of information that reflects on teenage pregnancy. For a long time teenage pregnancy has been a number one issue in the United States. Within‚ my paper you’ll find actually facts showing on how the information overlap‚ the type of structure you see at each levels of government‚ what functions do you see at each level of government‚ what levels of government work together‚ and the define of public and community health information overlapping
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Agricultural problems in Pakistan and their solutions IMPORTANCE: Economy of every state depends upon 3 sectors i.e. agriculture‚ industry and commerce. These three are interconnected with each other as the progress or retrogress of one sector effects the other two. Pakistan is an agricultural state thus agriculture gains are of much importance than any other sector. Importance of this sector is manifold as it feeds people‚ provides raw material for industry and is a base for foreign trade
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Kashmir problem - Islamic Republic of Pakistan v/s Secular Republic of India Kashmir problem is with the world since 1947‚ the year of the partition of India. Indian part of the Kashmir is about 45 percent of the original Kingdom of the Jammu and Kashmir‚ about 35 percent is now in Pakistan‚ and China has occupied the other 20 percent in 1962. The UN and the U.S want both sides to keep on the discussions‚ but the important question is on what basis the discussion can take place. The unresolved
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I believe the two greatest problems facing contemporary United States are the issues of same sex marriage and drug legalization. These issues are currently being widely debated throughout America. American citizens have many different outlooks and opinions on these topics and they are all trying to persuade each other to think the same way as they do about these problems. However‚ no matter how loud these people speak out the only people who can actually do something about them are those people
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The Trolley Problems The Trolley Problems Many times in an individual’s life they are faced with difficult decisions. These decisions create domino effect and no one decision is isolated to only the current situation. In the case of the trolley problem‚ the decision to be made will result in death. Either five individuals will die‚ or only one will have to lose his life. In the first scenario the act of sacrificing one comes at the pull of a lever and in the second you must push him onto the
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preposterous but now the thought of not having one is. The advances in technology began with needs for survival but last I heard an iPod is not necessary for daily survival. Is technology moving to fast for us to keep up though? Technology is a problem because we cannot do without it‚ and our use of it clearly makes us both better and worse. Human beings areamong other thingstechnological or tool-making animals. (Times) We use our brains and our ideas to find ways to make our daily lives more
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Blizzard in the District of Columbia area last January cause many problems such as no transportation‚ school closed‚ and people stacked. First‚ there was no transportation at all almost for three days because the road was very slippery and it was difficult to drive at that time. Due to this problem people forced to stay home for those days and their income decrease for that month. Second‚ the school closed for almost three to four days because there was no school bus and the weather was extremely
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LOVE AND JUSTICE “MY STAND ON SOCIETY” There are many problems right now in the society. Some of these problems can be easily solved‚ or can be impossible to solve depending how bad it is. Many people think these problems should be solved by the governments‚ since they are in charge. But we can also solve these problems if we get together. Not all the problems‚ but some that can be solved. I think the three major problems in the society today are: unemployment‚ violence‚ and pollution
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