Suppose that the video game company, ultravision, releases a new game called "call of obligation: modern combat 3." this can be analyzed using tools from both microeconomics and macroeconomics. classify the items according to whether they are an application in microeconomics or macroeconomics. microeconomics macroeconomics how does ultravision choose to market "call of obligation? " how much will ultravision charge for "call of obligation? " how much will ultravision pay the developers of the game? have the millions of dollars that people have spent on video games worldwide affected the gross domestic product (gdp) in their respective countries? has the country's unemployment rate changed as ultravision hired a huge team of workers to develop the game? how much less economic output occurs countrywide because workers call in sick to stay home and play either "call of obligation" or another video game? is ultravision able to sell all of the "call of obligation" games it produces or do they need to produce more?

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):