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Economics Class Questions
1. D. The price of capital increased.
2. A. $30
3. C. $40
4. B. The firm will hire more of the lower priced input.
5. B. The substitution effect causes the consumer to buy less peanut butter while the income
effect causes the consumer to purchase more.
6. C. In the case of a constant-cost industry.
7. D. a utility maximizing consumer will buy more of y, less of x.
8. C. Producers to gain area G.
9. D. +C – B.
10. C. A d...
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Industry Analysis: descriptions of relevant economic and industry information,
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firms in the same industry. Please analyse the strategy from financial
statement perspective and provide data support for your analysis.
Financial Analysis: First, providing comments on each of the financial
statements ended in fiscal year 2020(including notes) and emphasize what’s
the key point or items investor should pay attention to each statement
(including related notes) and why. Second, applying ratio and other financial
analysis techniques to separately analyse main aspects of financial status in
this company (from listed to 2020). Third, conclude how the financial picture
related to the stated company strategy analysis in the prior part. Fourth,
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