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A gas and oil XYZ company expects to form the 200,000 barrels of oil in time to deliver it on March 1, 2015. The management needs at least $30,000,000 for oil to pay the salaries, pay back loans, in
Suppose that the income elasticity of demand for tickets is +2.5. Also assume that the average household in the community makes the $20,000 per year and that about 6000 tickets are sold per year.
Assume now that the government requires that in order to buy food at half price this person must pay C dollars for a food credit card. Demonstrate graphically the maximum amount C
Determine the effect of an increase in the investment rate on the level of steady-state output per worker in the Solow model?
An indenture was a contract binding a person to work for another for a given length of time, as an apprentice to a master or an immigrant to service in a colony.
What type of return is occurring when the addition of one more unit of input results in a smaller increase in output then the previous unit?
Determine the table below when answering the following questions. The marginal propensity to save is constant at all levels of real GDP, and investment spending is autonomous for the hypothetical ec
Deregulation occurs when a government eliminates or scales back rules relating to all but one of the following. Which one is it?
Calculate the residual demand Intel faces after accounting for the quantity supplied by competitive fringe for any level of price.
Assume that Joe's twin brother Moe moves in, and his preferences are identical to Joe. There are now four people in the problem.
Describe why cooperative approaches may stand up to legal review more easily in unionized plants than in non-unionized environments.
Can you make a decision of what part of the business cycle the U.S. economy is currently in? Why? What factors lead you to this conclusion?
Ted's utility function characterizing the preferences over bananas and apples is U a,b= 4a + 6b^2. Determine the numbers of apples does Ted demand if Pa= .5 and Pb=1 , and he has $10 to spend?
Assume you make 30 annual investments in a fund that pays 4% compounded annually. If your first deposit is $6,000 and each successive deposit is 4% greater than the preceding deposit.
In certain industries, Japanese employers do not lay off workers. Therefore, they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices.
If the U.S. demand for Korean steel is price elastic, an export subsidy granted to Korean steel firms will increase Korea's export revenue.
A ad valorem tariff provides domestic producers a declining degree of protection against import-competing goods during periods of changing prices.
Charlie has utility function U(x,y)=24x1/2+y. What is the amount of good x that he consumes if he maximizes her utility, when price of x is 4, price of y is 1, and the income is 50 (in this case ut
Calculate the ethical issues at stake when companies permit employees to use personal technologies on the job? Determine the implications for all stakeholders?
Goods x and y are perfect complements U(x,y) min (x,y). When m=10 py=1 and px is initially= 1 but then it rises to px=2:
You can also use graphs to explain the interaction between those three determinants. Use your own words to explain how the Black Death (1), commodity prices (2), and wage rates (3) comb
Discuss how does an international company adapt its organizational structure as business conditions change over time?
Discuss why did Unilever's decentralized structure make sense in the 1950s and 1970s? Why did this structure start to create problems for the company in the 1980s?
Explain what would happen if the government chooses to increase the number of years that a firm can enjoy patent protection from 20 years to 25 years?
If a country wants to fill its military ranks at the smallest opportunity cost to the nation, should it institute an all-volunteer military or use a draft system that relies on a lottery?&n