To prevent gasoline prices from having devastating effects on the economy it has been proposed that all gasoline prices in the United States be fixed at the average price for the last two years. For simplicity it will be assumed that this price is $2.50 per gallon. When equilibrium prices are under $2.50 per gallon the excess payments will be kept in a government fund. When retail prices exceed $2.50 per gallon money from this fund will be distributed to pay the difference. Do you think that this
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An often debate is whether increasing the price of petrol is an appropriate way to decline traffic and contamination problems. It is undeniable that traffic as well as traffic’s emissions will not work normally if the price of petrol rises. In this case‚ I would contend that the growth of the price of petrol will solve traffic and pollution problems effectively. To begin with‚ I will show some reasons that the price of petrol can control growing traffic completely. Firstly‚ it is obvious that transport
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Meta-Analysis of the Price Elasticity of Meat: Evidence of Regional Differences Craig A. Gallet Dept. of Economics‚ California State University‚ Sacramento 6000 J Street‚ Sacramento‚ CA‚ United States Tel: 916-278-6099 Received: July 17‚ 2012 doi:10.5296/ber.v2i2.2115 E-mail: cgallet@csus.edu Accepted: July 30‚ 2012 URL: http://dx.doi.org/10.5296/ber.v2i2.2115 Abstract This study addresses regional differences in meat demand by estimating meta-regressions of the price elasticity of
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automobile. The car has revolutionized transportation from the day a company named "Reo" sold its first car‚ the Curved Dashed Oldsmobile in 1901‚ to today. The topic of cars can be broken into many different categories‚ from SUV and sports to European and American. One maker of cars that has branched a lot in past years is Japan. Though we do not realize it‚ most of our cars come from Japan. The top car company as of 2011 is Toyota. Toyota is a Japanese automobile manufacturer that exports its cars all around
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India is facing many serious problems nowadays‚ but the problem of price-rise is the most serious one. It is very common these days. The prices of essential commodities are going higher day by day. India is passing through a very hard time nowadays. The problem of prise-rise has become very serious. The government is unable to control the prices of necessary goods. The rise in prices is natural in a developing county like India. But when it goes out of control‚ it causes great difficulties for
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Supply and Demand‚ Markets‚ Prices and Price Setting Cirilo "Lee" E. Montano Trident University Microeconomics ECO201 Allison Kaminaga‚ Ph.D. December 10‚ 2012 Explain what happens to price and quantity of coffee when the following events occur: 1. An advertising campaign highlights scientific studies that find drinking coffee can help reduce weight gain. a. What do you think would happen? People will buy more coffee‚ drink more coffee‚ and research what coffee will help them lose
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Types of Sports Cars Many people have a great fascination for sports cars. These machines have a lot of power and torque‚ and most importantly are lower to the ground‚ contributing to proper aerodynamics against the wind. Moreover‚ they are generally available in either two-wheel drive or four-wheel drive. Two-wheel drive ones are usually used for road racing or drifting‚ whereas AWD sports cars are used for rally racing. Just like any other cars‚ they are also divided into certain groups.
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9/1/13 India: Teak log prices firm at local auctions the timber network Help Contact English Search ALL FORDAQ Marketplace Home > Market Info Directory Market Info Our Services Not a member yet? Join Fordaq Log in News Search India: Teak log prices firm at local auctions June 22‚ 2011 • Source: ITTO’s Tropical Timber Market Report • View s: 10761 Advanced search Archive Auction sales at Government Forest Depots in Gujarat and Central India are
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1. Demographics and Psychographics for the Bajaj-Renault-Nissan low cost car To map the consumer profile and exact segmentation‚ Demographic and Psychographic characteristics have to be considered: (for the Bajaj-Renault-Nissan low cost car) Demographic characteristics are as follows: Gender: The car is for the family‚ so gender is immaterial here. But generally‚ the male person of the house
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Bikes vs. Cars Lots of people find it hard to differ a bike from a car. They normally choose the car and ignore the bike. Today in our country people are too lazy to see their similarities and just choose the one that’s easier to drive. Although they are similar by giving you transportation‚ they definitely have a large amount of differences too. Bikes are made and bought in a lot of different styles‚ sizes‚ and colors. Bikes have two wheels and are powered by physical labor from the driver
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