"If the price of a commodity increases the quantity demanded can increase, decrease, or remain unchanged." While seemingly contradictory, each of these two statements is correct when placed in the proper context. Carefully demonstrate and explain the proper context for each of these statements.

On the Basics – Apple Inc.

A. We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail. B. Provide three examples of how Apple Inc. is or is not a strategic management firm. C. Lastly, clearly and succinctly describe Apple’s mission statement as well as the 2020 goals and objectives of the firm.

Which of the following is an example of crowding out?

a. An increase in taxes increases interest rates, causing investment to fall.

b. A decrease in private savings increases interest rates, causing investment to fall.

c. An increase in government spending increases interest rates, causing investment to fall.

d. A decrease in the money supply increases interest rates, causing investment to fall.

1. In San Francisco, 30% of workers take public transportation daily. In a sample of 10 workers,
   1. Clearly state what the random variable in this problem is?
   2. What is an appropriate distribution to be used for this problem and why?
   3. What is the probability that exactly three workers take public transportation daily?
   4. What is the probability that NONE of workers take public transportation daily?
   5. What is the probability that more than five workers take public transportation daily?
   6. What is the probability that less than seven workers take public transportation daily?
   7. What is the probability at least two but no more than eight workers take public transportation daily?

show how to do in excel please

Given that we are currently faced with coronavirus, in which part of the business environment does this fall (economy, technology, social issues, political and legal, and demographics)? What is the role of a manager in a company as to a response to this pandemic?

Regression techniques could involve the issue of 'heteroscedasticity' meaning unequal scatter. This issue is important only when regression is used for demand estimation and not when we use the technique for demand forecasting. Select one:

True

False

however Henry is building a fireplace in his home, the fireplace will require 2500 bricks.

a) if the cost of chimney brick in 2017 $2.10. calculate the material cost of Henry's project in 2020 . the chimney brick index (CBI) was 442 in 2017 and is expected to be 651 in 2020

b) estimate the material cost of similar fireplace to be built in the year 2023
what assumption did you make?

1. A new tractor is considered a ____________ good while food is considered a _______________ good.

1. disposable; durable
2. durable; nondurable
3. nondurable; durable
4. durable; recyclable

2. Which type of expenditure is NOT counted in GDP?

1. Exports
2. New car sales
3. Farmland purchases
4. Equipment purchases

3. John used to work at a factory but was fired because his job can now be done with a machine. Now he cannot find a similar job. What type of unemployment is John experiencing?

1. Fictional
2. Cyclical
3. Seasonal
4. Structural

Explain why it is important to select the right university or college.

Write a 200 word posting in which you discuss if the Keynsian theory in economic thought is still relevant today.

QUESTION 36
In a 2017 study on the grocery market, Renkin, Montialoux, and Siegenthaler found that the cost of higher minimum wages was borne entirely by grocery buyers. This suggests that...
A. grocery demand was slightly more inelastic than grocery supply.
B. grocery demand was perfectly inelastic.
C. grocery supply was slightly more inelastic than grocery demand.
D. grocery demand and grocery supply had the same elasticity.
E. grocery supply was perfectly inelastic.
QUESTION 37
If the government requires businesses to pay for their workers' health insurance, then workers bear most of the burden of this mandate in markets with...
A. inelastic labor supply and elastic labor demand.
B. elastic labor supply and elastic labor demand.
C. elastic labor supply and inelastic labor demand.
D. inelastic labor supply and inelastic labor demand.

QUESTION 38
Renkin, Montialoux, and Siegenthaler studied the effects of higher minimum wages on grocery prices. What did they find?
A. The entire burden of higher minimum wages was felt by grocery buyers, which implies that grocery demand was more inelastic than grocery supply.
B. The entire burden of higher minimum wages was felt by grocery sellers, which implies that grocery supply was more inelastic than grocery demand.
C. The entire burden of higher minimum wages was felt by grocery sellers, which implies that grocery demand was more inelastic than grocery supply.
D. The entire burden of higher minimum wages was felt by grocery buyers, which implies that grocery supply was more inelastic than grocery demand.

In the following problem, assume that the UK currency is the pound sterling (PST) and the currency in the rest of the Europe is the euro (EUR).

a. Suppose that the PST appreciates relative to the EUR. Provide an explanation.

(i) In the UK:

‐ How would the export demand change? Why?

‐ How would the import demand change? Why?

‐ How would net exports change? Why?

(ii) In the rest of Europe:

‐ How would export demand change? Why?

‐ How would import demand change? Why?

‐ How would net exports change? Why?

Suppose that the central bank in the UK (The Bank of England) decides to raise interest rates because it is worried about high inflation. As a result, interest rates in the UK become higher than interest rates in the REST OF EUROPE. This acts as an incentive for EUROPEAN investors to increase the amount of funds they invest in British (UK) interest bearing assets. In order to increase their purchases of those UK assets, which are priced in PST, EUROPEAN investors have to convert EUR into PST. This conversion, in turn, increases the demand for PST. Based on the above information, please explain what will happen to the EUR--‐‑PST exchange rate. In other words, will the increased demand for PST, make PST gain value (appreciate) or lose value (depreciate) against the EUR? Why?