3. Analyze Spain's economic system and how the government of Spain mak economic decision.

Apple is interested in learning how potential customers view its newest product rollout. To do this, it collected surveys gauging respondents' perceived likelihood of purchase (out of 100), along with their age and income levels. Using these data, describe using regression how the likelihopod of purchase relates to age and income.

Use the AS/AD model to explain how the Corona Virus is impacting the US Economy. In your answer, you should discuss the differences between a supply shock and a demand shock. Additionally, you should discuss how supply shocks can lead to demand shocks. You should incorporate a graph of the AS/AD model in your discussion and upload a picture of it.

Your answer should be approximately 250-300 words in length.

Identify a specific industry where there has been (or you predict there will be) a significant change with regard to the degree of competition in the market. In other words, identify an industry that has gone from a monopoly to a competitive market, or from competitive to oligopolistic, etc. There’s no one way for an industry to go, but basically, it either goes from little/no competition to more competition or the other way around.

1. Describe the industry and explain the general pattern of change by identifying the major factor(s) that have led (or you think will lead) to a change in the degree of competitiveness. Explain why and how this industry is evolving.
2. Discuss how this change is likely to impact business operations (e.g., impact on pricing, advertising, labor markets, etc).

On a weekly basis KleineFirma producing a product has overheads (i.e., fixed costs) of $12,000. The product additionally costs $15 per unit to produce and, because the firm is small, all output can be sold at a unit price of $22. (i) Calculate the break-even quantity. (ii) Calculate the new break-even quantity if the selling price falls to $20. (iii) Calculate the new break-even quantity if fixed costs change to $20,000. (iv) Calculate the new break-even quantity if variable costs change to $16. (v) Show (and hence confirm) your answers graphically. NOTE: in specific looking for the answer to v but would like to get confirmation on the other answers too

Describe the patterns of exchange between Choson Korea and China that involved the exchange of farming technology. How did the rise and fall of dynastic powers in China influence state development in Korea?

1.    How can cartels sow the seeds of their own destruction?

2.    How are the professional sports leagues like a cartel?

ECONOMICS

5. Suppose that this year’s money supply is $500 billion, nominal GDP is $10 trillion, and real GDP is $8 trillion.

a. What is the price level? What is the velocity of money?

b. Suppose that velocity is constant and the economy’s output of goods and services rises by 10 percent each year. What will happen to nominal GDP and the price level next year if the Fed keeps the money supply constant?

c. What money supply should the Fed set next year if it wants to keep the price level stable?

d. What money supply should the Fed set next year if it wants inflation of 5 percent?

Why do we see government interventions in the markets despite the fact that equilibrium price set by the free market is in fact the most economically efficient point in the market?

How can a business-level strategy of (a) low cost and (b) differentiation offer some
protection against competitive forces in a company’s industry

In a well worded paragraph answer, What has been Canada's main imports and exports over the past ten years?