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suppose a firms inverse demand curve is given by p120 - 5q and its cost equation is c 420 60 q q2afind the firms optimal quantity price and profit
anbsp if the rate discount is 20 percent a would you rather receive 100 today or 120 in one year b would you rather receive 205 today or 240 in
suppose a single parent can work up to 16 hours per day at a wage rate of 1000 per hour various income maintenance programs have been developed to
if the cpi was 120 last year and is 132 this year what is this years rate of inflationinstructions round your answer to two decimal placesin contrast
suppose that the natural rate of unemployment in a particular year is 4 percent and the actual rate of unemployment is 13 percentuse okuns law to
suppose you are the production manager for widgets inc your job is to produce a fixed amount of output at the lowest cost possible when you take over
the per-unit cost of an item is its average total cost total costquantity suppose that a new cell phone application costs 150000 to develop and only
the following table shows nominal gdp and an appropriate price index for a group of selected years compute real gdp and indicate in each calculation
perry is a freshman he estimates that the cost of tuition books room and board transportation and other incidentals will be 30000 this year he
suppose we have a data set with only two observations y1 and y2 the general formula for the sample average is sample average12y1y2 suppose y1 and y2
suppose that the money demand is given by md py025-isuppose that nominal income is 100 and wealth is 500 and that the money supply is set by the
consider a bond that promises to pay 100 in one yeara what is the interest rate on the bond if its price today is 75 85 95b what is the relation
matt is a 25 year old engineer and his salary next year will be 60000 matt expects that his salary will increase at a steady rate of 5 per year until
studies indicate that the price elasticity of demand for cigarettes is about 4 if a pack of cigarettes currently costs 2 and the government wants to
what is the equivalent present value of the following series of payments 7000 the first year 6500 the second year 6000 the third year 5500 the fourth
a rural utility company provides standby power to pumping stations using diesel-powered generators an alternative has arisen whereby the utility
karls preferences over hamburger h and beer b are described by the utility function uhbmin2h3b his monthly income is m dollars and he only buys these
some friends of yours have just had a child thinking ahead and realizing the power of compound interest they are considering investing for their
you are considering going to graduate school for a one-year masters program you have done some research and believe that the masters degree will add
suppose that work hours in new zombie are 300 in year 1 and productivity is 14 per hour worked what is new zombies real gdp if work hours increase to
suzie purchases two goods- food and clothing she has a utility function u9xy0 xy where x denotes the amount of food consumed and y the amount of
choose either 1350000 or 1750000 to be the more appropriate fixed cost for a product layout and consider the other value as the fixed cost for a
calculate the annual worth years 1 through 7 of merchant truckingcompanys cash flow use an interest rate of 10 peryearyear 0 1 2 3 4 5 6 7cash flow
there are many dairy farmers in the world and also many starbucks coffeehouses why does a starbucks coffeehouse face a downward-sloping demand curve
how do barriers to entry impact the level of competition in a market what might happen to market price as greater barriers to entry come into