Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
If the actions don't match, the auditor wins with a payoff of 20, and the manager loses with a payoff of -20. Diagram this game, and comment on the equilibrium.
how might you construct a measure of the "change in the price level"? what additional information might you need to construct your measure ?
Her firm will deliver the device to your company's premises tomorrow. Otherwise, she'll call your competitor and offer it the same deal. Should you accept or decline her offer? Explain.
Is it likely you know better what a bushel of corn is "worth," what a ton of coal is "worth," or what a share of IBM is "worth" than your house, even though you bought it just last week?
What will be the effect on the terms of trade an increase in Japan's labor supply? What will be the welfare effect of a decrease in land used for corn in China?
Suppose the spot and the three-month forward rate for the yen are 80 yen/$ and 85 yen/$, what would you estimate the difference between the inflation rates of the U.S. and Japan?
Objective: Explain concepts of microeconomics. Explain market influences such as consumers, products and profits on business strategies
A hotel room in London costs 120 pounds, while a similar hotel room in New Delhi costs 6,500 Indian rupees. In which city is the hotel room cheaper, and by how much?
In 2007, the 300 units of F produced sold for $4 per unit, and the 600 units of C produced sold for $2 per unit. Calculate Real GDP for 2007, assuming that 2006 is the base year.
The age of 16 do not have a job, and are not looking for work. In addition, 80 people in the community are under the age of 16. The unemployment rate is?
The firm is subject to a 40% tax rate. Should the new lathe be purchased? The price of the new lathe is $ 10,000 and the cost of capital is 10%, annually.
The equivalent AD-AS framework (determination of price level and income) and how changes in equilibrium occur as a result of changes in fiscal and monetary policy.
Which of the four projects listed blow would you choose if you only want to invest in one project if the criteria is a) Present Worth, b) Future Worth or c) Annual Worth?
Consider the city of Swampville, a city that recently drained a swamp near its city center and thus increased the supply of developable CBD land by 10%. Predict the effects of the draining of the s
In 2008, although Bob raised the price to $1.75, sales of quarter-pound burgers rose to 8,200. Explain why this does not represent a violation of the law of demand.
Average income in the U.S. is expected to be $60,000. Base on this information, solve for the estimated (simple) demand function and the inverse demand function.
Which ones should be funded based on NPV assuming a 6% interest rate? Your Budget is Only $1,000,000. Which ones should be funded using a 3 year or less payback period criterion?
Consider a vendor-buyer relationship. Which of the following conditions would lead to the buyer having more bargaining power?
A 2 year bond with 1000 face value and 10% coupon rate is sold for 1000 today. if one year later the market interest rate increases by 5%, then this bond will have a market price of?
What are some organizations that nonprofits have misused their funds (and if you do a quick internet search, how have they misused them)? What are the ramifications?
Suppose that the incidence of HIV in the population is .005. Calclulate the annual premium of the first policy. Calculate the premium of the third policy. Show your calculations
The commodity sells for $100 per unit. Theinput costs $50 per unit. What is the pro?t-maximizing amount of input?
Discuss how the McDonalds prices its revenues and costs. For MNE's with multiple foreign operations, consider any two of those operations and the contribution they are making to the parent firm's pr
Suppose that MUx/Px for good X exceeds MUy/Py for good Y. To maximise utility the consumer who is exhausting his/her ony income should buy?
What happens to consumer and producer surplus when the sale of a good is taxed? How does the change in consumer and producer surplus compare to the tax revenue?