Affiliate Marketing Secrets

Assume the quantity of bananas is measured on the horizontal axis and the quantity of oranges is measured on the vertical axis. If John likes both bananas and oranges then his marginal rate of substitution along the indifference curve indicates:
Answer
how many oranges he is willing to give up to obtain one more banana.
how many additional oranges he wants to give up two bananas.
how many oranges he is willing to give up to get rid of one banana.
how many bananas he is willing to give up to get rid of one orange.
If a local bar increased the price of a pint of the local beer by 20%, it estimates the number of customers purchasing the local beer would decrease by 4%. Based on this data,
Answer
total revenue would increase because demand is elastic.
total revenue would decrease because demand is elastic.
total revenue would remain the same.
total revenue would increase because demand is inelastic.
ABC Inc has captured the market for school glue. It is preferred by both students and parents alike. It takes very little capitalization to enter the market but nobody successfully does. The glue clearly needs no patents or secret formulas. This type of market is called:
Answer
pure or perfect competition.
monopolistic competition.
oligopoly.
monopoly.
Raymond pays $80 for tickets to see his favorite sports team play. With 12 minutes left in the game, his team is losing heavily and has no chance of winning the game. Raymond chooses to stay until the end of game because he wants to get the full value for his admission price. If Raymond were thinking as an economist, he should:
Answer
leave the game now since the line to exit the stadium is shorter now
leave the game now if his marginal benefit of leaving is greater than marginal cost, since the admission price is a sunk cost
stay until the end of the game since he might be heckled on the way out
stay until the end of the game since his intuition is correct
If the demand for good X displays high and positive cross-price elasticity with respect to the price of good Y, then:
Answer
the demand for good X is likely to have a low price elasticity
goods X and Y are complements
goods X and Y are substitutes
the demand for good B is likely to have a low price elasticity
Janet owns an auto parts firm. She uses a combination of steel and aluminum to produce her auto parts. All of the following combinations will finish the task on time. Steel costs $15 per unit and the aluminum costs $50 per unit. What combination of steel and aluminum should she use?
Answer
10 units of steel and 10 units of aluminum
12 units of steel and 8 units of aluminum
15 units of steel and 7 units of aluminum
20 units of steel and 6 units of aluminum

When Gillette Co. unveiled Mach3, the world’s first triple-blade razor, it took a bold gamble…. Mach3 cartridges were to sell for around $1.60 each. Skeptics predicted the personal-care giant would soon be forced to cut that price. But the price is holding and Mach3 has become the No. 1 blade and razor. What’s the secret to pricing power? For starters, a commitment to innovation. Gillette spent nearly $1 billion on the development and initial marketing of Mach3.
Based on the passage, what type of monopoly is helping Gillette Co. maintain a high price for its Mach3 razor?
a. technological monopoly
b. natural monopoly
c. geographic monopoly
d. government monopoly
The Federal Trade Commission (FTC) reviews mergers to ensure that they do not substantially lesson competition. The agency certainly was busy in 1998. In that year, the number of announced mergers involving American companies exceeded 7,750. A survey conducted in 1999 suggests that the FTC’s workload will not dwindle in the near future. Of the companies polled in the survey, more than one third said that they intended to acquire other companies within the year.
This passage suggests a trend toward
a. decreased competition.
b. deregulation.
c. greater competition.
d. more power for the Federal Trade Commission.
On an average shopping trip, a consumer’s eye lingers on a product for only about 2.5 seconds. In order to stay competitive, companies experiment with new formulas, along with the color and size of the product’s packaging. These research and development costs can range from $100,000 for adding a new color to an existing product line to millions of dollars for the creation of a new product.
According to the passage, companies are trying to compete through
a. product differentiation.
b. economies of scale.
c. price-fixing.
d. nonprice competition.

Please help with this question- thank you!:
Nipper’s Hot Dog Stand has just opened on Main Street in Canandaigua, NY.
Nipper’s is the only such stand in Canandaigua and he is making a fortune.
Nipper’s audited income statement reports that he is generating $175,000 in annual profits.
People are beginning to notice his financial success; Nipper can’t keep his success a secret.
So considering how a free market economy works … provide a post that will answer the following questions:
1) Will Nipper continue to generate such great profits?
2) What will likely happen to the number of hot dog vendors on Main Street within the next year?
3) What will Nipper have to do to continue earning such high profits?
4) Do you think there will be only one hot dog vendor on Main Street after three years? Why?

I’m interested in learning some web design, but I’m not sure where I should focus my efforts. I’m interested in learning how to develop web applications – the kind of thing that would allow me to develop interactive applications, interact with databases, etc.
I’ve got a bit of background in programming, but it’s dated. I also have a stats/econ background, and I’m hoping to pick up enough web skills to eventually develop some niche online tools relating to statistical analysis and economics (and hopefully generate some side income from these tools).
What kind of things would I need to learn to do this (software/languages, courses, etc.) ? How much work is it to get a basic competency in these areas?

I m a teacher . I am B.com and I am topper in M.A (Economics). now I wanna join collage .Right now I am teaching in a school from 7 years.So please anybody tell me the method of getting in collage affiliated with jiwaji university .

I would like to start a new business, i love to have some economics levels. Anyone can help me by providing some niche in business?