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Suppose GM is considering buying a plant in Hungary. All sales will be to Hungarian customers and denominated in forints. What is the total investment in dollars?
DVDs and DVD Players are complements. An increase in the price of DVD Players would cause which of the following in the market for DVDs?
Which of the following is consistent with the law of supply? As the price of calculators rises, the supply of calculators increases, ceteris paribus.
Now assume that the manager can produce any amount of the product at a MC of $10 per unit, what price should be charged to Group A?
At any given interest rate, businesses become very optimistic about the future profitability of investment spending. Assume the budget balance is zero.
Quicks can produce 20 widgets per hour, while Slows can produce 8 widgets per hour. which is the best type of worker for the firm to hire?
What was the value of the tax multiplier, Suppose that investment declined by $40 to a level of $60. What will be the new level of equilibrium income?
The owner of the service said that the difference in fees was to compensate for inequalities in pay scales for men and women. What is an alternative reason for this difference?
Under what circumstances could offering multiple qualities of a product be price discrimination? What form of price discrimination might this represent?
Does either player have a dominant strategy? Explain. If the above monopolist were to behave like a perfectly competitive firm (operating in the long run), determine its output.
How does government determine the average real GDP growth rate that is necessary to keep unemployment rate constant in an economy?
The Central Bank of Muji wishes to eliminate the recessionary gap through expansionary monetary policy. The central bank can do so by stimulating consumption and planned investment.
Now assume that the manager can produce any amount of the product at a MC of $10 per unit, what is the profit maximizing quantity that should be offered to Group B?
Balanced Budgets. Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy.
By analyzing the article, do you think that GMA is doing enough to combat obesity? What strategies would you recommend in the fight against obesity?
If Berkeley Golf and Tennis Club decides to bundle the memberships, what price should it charge for the bundled membership?
Purchases certain types of home mortgages, buys U. S. Treasury bonds from another government agency, explain how would this affect the net public debt, other things being equal.
If a state is required to balance their budget when the economy is weak, might this actually lead to a destabilization? Why or why not?
How is it possible for output to increase without a proportional increase in the number of workers? What are the implications in our economy of more output being produced by fewer workers?
Up to a point it is cheaper for a company to use overtime rather than hire new employees. What other ways are there to increase output without increasing resources?
In requirement (a) why can the consolidated totals be determined without knowing which method the parent used to account for the subsidiary?
Calculate the marginal revenue product for each additional unit of labor if output sells for $3 per unit. Draw the demand curve for labor based on the above data and the $3 per unit product price.
If you were to learn that a bottle of gatorade increased in size from 2009 to 2010, should that information affect your calculation of the inflation rate? If so, how?
A widget producer wishes to determine how the addition of pounds of rubber will affect its MRP and profits. The marginal product of the 3rd pound of rubber is?