Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
Describe some forms of private spending that represent consumption and some forms that represent investment. The national income accounts include tuition as apart of counsumer spending.
Describe the competitive environment within the industry. Is there a dominant firm? Are the other firms follow or actively compete?
The general price index in 2000 was 100 and in 2001 it was 105. Between 2000 and 2001 real GDP rose by what percent?
As the manager of a monopoly, you face potential government regulation. Your inverse demand is P = 25-Q, and your costs are C(Q) = 5Q. Determine the monopoly price and output.
Is Social Dynamo obligated to notify the U.S. Justice Department and the Federal Trade Commission of its merger intentions? Explain.
Calculate the premerger Herfindahl-Hirschman index (HHI) for this market. Suppose that any two of these firms merge. What is the post merger HHI?
Explain these varied outcomes in terms of how the market system answers the question "what goods and services will be produced?
Why are government imposed "average cost pricing" and "nationalization of industries so pricing is at marginal cost" both second best outcomes to the competitive markets? P=MC=min ATC long run equi
Was this bumper crop of students caused by a greater expected return on a college education or by a change in the opportunity cost of attending college?
calculate the annual return on these two individual assets and tell me which one to put up for sale.purchased new for $15,000 and now worth $13,000. It has generated a cash flow of $4,250 for me last
In the context of shareholder wealth-maximization model of a firm, what is the expected impact of each of the following events on the value of the firm?
Find the present discounted value for each option. (Treat each year's costs or income as coming at the beginning of the year)
Suppose the interest rate has increased to 10% and this is 10% rate is expected to continue for the remaining life of the bond. How much can she expect to sell her bond for?
Find the monthly discount rate (i.e., personal interest rate) at which Henry would be indifferent between the two options. What is this as an annual interest rate? (a graphical calculator will be re
The quantity. Assuming that the income effetct is negligible, how much will he be hurt if the price of straberrries goes from $1 a pint to $2 a pint?
Who would prevail in litigation between GMB and BWD? Please explain your answer. Would the result be different if the court was to apply UCP 600 or the functional standard of compliance?
Income in the second period is $50,000, and the real interest rate is 25 percent. What is the household's maximum spending in the second period?
Determine the equilibrium price and quantity. Suppose a $6 excise tax is imposed on the good. Determine the new equilibrium price and quantity.
The equilibrium quantity of steel sold (in these categories) in the United States? Will the equilibrium price for these categories of steel in the United States market increase or decrease? Explain.
She says the tax will generate $100,000 tax revenues per month (1 million gallons × $0.10 = $100,000). What assumption is she making?
Derive the total, average, and marginal revenue schedules from Q=0 to Q=6 by 1's. Explain why your answer to part (a) is an example of marginal analysis and optimizing behavior in general.
Suppose that the firm wants to produce its output in the cheapest possible way. Find the number of machines it would use per worker.
If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 1700 units to 2300 units? Show all work.
Vote for the charities that they would like to see funded. The 100 "winning" charities share $5 million. What are some other examples of for-profit companies that are philanthropic?