1)The government is concerned about high rates of unemployment

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1)The government is concerned about high rates of unemployment. To spark hiring, it provides tax incentives for the businesses to invest in new capital projects and stimulate job growth. If the sole concern is adding jobs, use the Hicks-Marshall rules of derived demand to determine whether or not this will be an effective public policy. Are there any dangers?

2)Most demand and price elasticity studies in business required what type of price and quantity data?

a. time series

b. seasonally adjusted

c. cross-sectional

d. long term national sample.

3)How do you think retailers or sellers could use the concepts of "elasticity" in order to stimulate pre Holiday sales and sales throughout the rest of this year in 2016?