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Determine the output level where total profits are maximized. Calculate total profits and selling price at the profit-maximizing output level.
There is no real choice about the matter," some have argued, "because a child's life is of far more value than the price of an airline ticket." Do you agree with that argument?
Discuss the most important challenges of the financial sector. Defend whether you think regulatory changes are imperative. If yes, recommend changes. If no, justify your opinion.
Instead of attending class you could have either flipped hamburgers for $8 an hour or waited tables for $5 an hour. Given this information, the opportunity cost of attending each class session is?
Now that the RTC is paying $3,000 per unit sold, how many agents should the manager hire if the wage rate is $30,000?
Calvin Coolidge once said that "inflation is repudiation." What might have he meant by this? DO you agree? Why or why not? Does it matter whether the inflation is expected or unexpected?
Kathleen likes avocado and crab dip. After eating avocado and crab dip with four crackers, she switches to cheese with crackers. We can conclude that?
Which type of exposure has the greatest impact on a MNC: translation, transaction, or economic exposure? Why? Which is the most difficult to manage? Why?
The nominal wage when the actual inflation rate exceeds the expected inflation rate? "In the steady state, the government benefits from inflation." Explain.
Explain why relatively flat as opposite relatively steep labor demand curves are more consistent with the empirical observation that there are relatively minor changes in the real wage rate over th
Thus, investors in the United States want a higher return on their investments. Explain what will happen to the US dollars and European Euros in the foreign exchange market.
How can a business manager be responsible for foreign transactions forecast exchange rates to better manage foreign exchange exposure. Discuss
Some could argue that the interest rates are not sensitive to the demand for money. Would an upward sloping LM curve still e applicable?
If the company requires a minimum return of 25%, what should be the minimum annual sales for 12 years to justify the investment?
The road is expected to have a useful life of 25 years. If the rate of interest is 15%, should the road be constructed? Determine B/C ratio.
Why did the budget deficits rise sharply in 1991 and 1992? What explains the large budget surpluses of the late 1990s and early 2000s?
In the United States, serious radiation exposures: a. Have not resulted from radiological transportation accidents due largely to the nature of the material transported.
How might expectations of a near-term policy reversal weaken fiscal policy based on changes in tax rates? What is the crowding-out effect, and why might it be relevant to fiscal policy?
Explain how built-in (or automatic) stabilizers work. What are the differences between proportional, progressive, and regressive tax systems as they relate to an economy's built-in stability?
Production of 15 million pizzas and 18,000 pizza ovens. Which case would lead to a more generous production possibilities frontier for Stromboli in 2005?
Draw a diagram to show the change in the coffee market that has resulted in higher prices for coffee. Draw a diagram to show the change in the tea market that has resulted in higher prices for tea.
If the price of ham is equal to to the price of cheese, show that own-price elasticity of demand for ham is -0.5 and that cross-price elasticity of demand for ham with respect to the price of cheese
Describe how the compensated demand curves for x and y are shifted by changes in income or by changes in the price of the other good.
Consumption rises by $18 billion and saving goes up by $2 billion. What is the economy's ? MPC? Its MPS? what was the APC before the increase in disposable income? after the increases?
Suppose inventories declined by $1 billion during 2010. How would this affect the size of gross private domestic investment and gross domestic product in 2010? Explain.