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Where a and b are any constant. is it possible for such a production function to produce isoquants with a positive slope? explain.
How this marketing tactic affects the consumer's budget set if the price of other goods is $1. Will a consumer ever purchase exactly 8 bottles of wine? Explain.
The market risk premium is 10% and government risk-free bonds are paying 6%. If TPA faces a tax rate of 30% what is its Weighted Average Cost of Capital (WACC)?
Again, the numbers given in this question are hypothetical, not real. Based on the description given above, compute the money multiplier in June 2010 and in June 2011.
Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm. Compute the profit-maximizing level of output for Ajax.
Calculate marginal cost for each quantity. In the long run, will the price rise or fall from the current level at $10? Explain the reason.
Will a proportional increase in the probability of being caught or a proportional increase in the fine be a more effective deterrent to illegal parking?
Graphically illustrate how this marketing tactic affects the consumer's budget set if the price of other goods is $1. Will a consumer ever purchase exactly 8 bottles of wine? Explain."
Little Kona is a small coffee company that is considering entering a market dominated by Big Brew. Does either player in this game have a dominant strategy?
Outline the effects of the following situations to the Board of Directors meeting next week. Use relevant diagrams and demand and supply analysis to explain your answers.
what is meant by the term "commitment"? What three characteristics distinguish a strategic move as strong commitment? Is Fiat making a strong commitment
Describe what a manufacturer of each product might do in the short run to increase production. c. How does the long run differ for these products?
The current prices in Britian are 1 pound sterling per kg of meat andone pound sterling per bus ticket, what is the this year's PPP exchange rate between the pound sterling and the Canadian dollar (
The U.S. interest is 7% and the Canadian interest rate is 10%. What is happening to the Canada/U.S. exchange rate?
what mix of central bank bond purchases and higher government spending is required to increase income by $6,000 without changing the interest rate?
What three types of government policies are used to alter or control firm behavior? Determine which type of regulation is used for each of the following.
Find the equilibrium quantity mathematically and find the equilibrium values of MC, MR, AFC, AVC, and ATC. Also find the equilibrium quantity for the market, as well as, the TR and TC for the market
Give the formulas for the AFC, AVC, ATC, and MC curves associated with the following TC curve. TC = 12 + ½Q^2
Explain what could be done to encourage people to spend more so as to increase aggregate demand and, invariably, create employment possibilities.
Corporate tax is at 37%. Is this a good project or not? How many percent return/loss will your company have if you go ahead with this project?
If the production manager is correct are there economies of scope, diseconomies of scope, or no economies of scope by jointly producing Thingies and Doo-Hickeys?
The company she works for, how much the annual U.S. GDP and GNP in 2011 was affected by her job relocation? Clearly show your reasoning for your answer.
How do cost-benefit studies incorporate future costs and returns? What are the potential problems associated with attempting to measure future costs and benefits associated with a project?
Find the TSB and TSC associated with an abatement standard of 30. Based solely on the relative values of TSB and TSV, can you state definitively whether this abatement level is efficient? Explain.
Consider the following table of long-run total cost for three different firms: Calculate long-run average cost for each firm for each output level.