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How much money must the company set aside now in an account that earns interest at a rate of 8% per year, compounded quarterly?
Consider a competitive market with the demand equation: P = 12 - Q and the supply equation is P = Q. What is the market equilibrium price and quantity?
This is about unemployment rates during the depression. If it started at 1.8% then raised to 25.2% what percent would the increase be?
Find the demand function and the revenue function. How large a rebate should the store offer to maximize its revenue?
A baseball team plays in a stadium that holds 55,000 spectators. With ticket prices at $10, the average attendance had been 27,000. When ticket prices were lowered to $8, the average attendance ros
Assuming demand is constant at 15 units per day, and lead time is normally distributed with a mean of 3 days and a standard deviation of 1 day, what is the reorder point necessary to provide a 97% l
What is the total annual cost (Purchase Cost + Ordering Cost + Holding Cost) based upon taking advantage of the proposed discount pricing?
What is the optimal reorder point without instantaneous receipt (material is accepted over time)? How many set-ups per year will be necessary without instantaneous receipt (material is accepted over t
What is the average dollar value of inventory based upon ordering using the EOQ? What is the total annual cost (Purchase Cost + Ordering Cost + Holding Cost) based upon using the EOQ?
What is the average number of units in inventory based upon ordering 250 units each time an order is placed?
Draw a product possibilities curve for automobiles and missiles using the data above. If the economy is at point C, what is the cost of one more automobile? One more missile? Expl
Given this information, what would be the short-run profit-maximizing price and quantity a representative firm would choose to charge and produce, respectively? What would be the amount of economic
Discuss China in terms of being the "Middle Kingdom," population growth issues, and industrialization.
The purpose of the awning is to prevent sunlight from entering the house when the angle of elevation of the Sun is more than 65 degrees. Find the length of L of the awning.
Create supply and demand chart in Excel.*Assume price drops by 50% . Reconstruct graph to show changes.* Assume income of consumers increase. Reconstruct graph to show changes.* Assume number of sel
Calculate the point elasticity of demand for a drug when the average income in the community equals 50,000 and price of the drug is 400 demand function is q=40-.8(p)+.02(y)
Note that the investor can place all of his available funds in any one of these options, or he can split his $10,000 into two $5000 investments in any two of these options. The joint probability dis
Write a sentence stating the optimal solution for each of the 4 criteria. The statement should contain the recommended strategy and the value of the payoff. Hint for 42: The optimal EMV solution is
As an economist for ABC Plastics, your boss has asked you to respond to some questions she has regarding the company's main product, tablet cases. A marketing research firm recently developed the fo
What is sustainable development? Give 2 examples. What is an environmental sustainability initiatives ? give two examples. What is land use sustainability and un-sustainability? Give two examples
Explain two effects of an open economy on monetary and fiscal policy, or evaluate the role banks play in world financial markets.
Indicate the similarity between Bornhuetter-Ferguson method and Bayesian approach for estimation.
Calculate the labour force participation rate ((Labour Force/working population)*100) Calculate the official unemployment rate ((Unemployed/Labour Force)*100)
Suppose a firm operates as a price taker in a perfectly competitive industry. The firm’s Total Cost function is given by TC = a + bQ +cQ2. Therefore the firm’s marginal cost is given by b
Suppose the Federal Reserve Bank decides at its next FOMC meeting to raise the federal funds rate from around 0% to .25%. With the aid of a diagram, carefully explain how they will go about implementi