How are states right issues seen in the the United States today?
In: Psychology
The following equation represents the weekly demand that a local theater faces.
Qd = 2000 - 25 P + 2 A,
where P represents price and A is the number of weekly advertisements.
Presently the theater advertises 125 times per week. Assuming this is the only theater in town, and its marginal cost, MC, is equal to zero,
a. Determine the profit-maximizing ticket price for the theater.
b. What is the price elasticity of its demand at this price?
c. What is the elasticity of its demand with respect to advertising?
d. Now suppose the theater increases the number of its ads to 250. Should the theater increase its price following this ad campaign? Explain.
In: Economics
Consider the political and financial might of the pharmaceutical, medical device, and insurance industries in the United States. What do you think would happen in the United States if we attempted cost control? What would work to control costs?
In: Operations Management
Explain how baseball’s antitrust exemption makes it different from the other professional sports in the United States. Explain how it is similar to the other sports in the United States and why the antitrust exemption does not cause it to be different in those dimensions.
In: Economics
If the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor, would it necessarily follow that the United States should specialize in television production? Why or why not?
In: Economics
How does the internet revolution exacerbate the difference in life chances between rich and poor in the United States?
What is the personal responsibility and work opportunity reconciliation Act, and what impact has it on welfare and social services in the United States
In: Psychology
how do you feel about the rate of economic growth in the United States? Why do you feel that way? How has recent history affected growth in the United States?
Is Economic Growth always a good thing?”
In: Economics
In: Economics
I am stuck on these two:
The General Agreement on Tariffs and Trade (GATT)
Group of answer choices
Encourages trade restrictions.
Committed GATT members to a reduction of protectionism.
Established the European Common Market.
Has now eliminated all nontariff barriers to trade.
Assume the United States and Australia have the same amount of resources. In a given time period, the United States can produce 2 tons of beef or 200,000 cars. Australia can produce 1 ton of beef or 100,000 cars. This means that
Group of answer choices
Australia has a comparative advantage in cars.
The United States has a comparative advantage in beef.
Australia has an absolute advantage in both beef and cars.
The United States has an absolute advantage in both beef and cars.
In: Economics
You are to analyze the Economic aspects of each of the following three countries ( Russia, China, Germany). The bullet points are what you are to analyze. Use only 2018/2019 numbers. Address each country individually. This project does not have to be written in paragraph form. I am looking for economic numbers. When in doubt, give the estimate if the data says so. Also state any footnotes that are included with the data.
In: Finance