Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
Draw the supply curve for an individual firm. On a separate graph, draw the demand and supply curves for the industry as a whole. Indicate the equilibrium price and output. Now draw the individua
How are presidential election outcomes related to the performance of the economy? Discuss the difference between Microeconomics and Macroeconomics.
Which he could easily sell on ebay for $1,000,000. over the course of the year, the museum brings in revenues of $100,000. how much is dane's accounting profit for the year?
If the economy is competitive so that factors of production are paid the value of their marginal products, what is the share of total income that will go to land?
The fiscal year at a cost of $58,000 has an estimated salvage value of $8000 and an estimated useful life of 12 years. Determine the following: The amount of annual depreciation by the straight-line
The expected salvage value of this generator is $8000. In its first operating year, the generator was operated 5000 hours. Determine the depreciation for the year.
Assuming that the trade-in allowance is $10,000, and the book value of the asset traded in is $6000, what is the cost basis of the new asset for the computation of book depreciation?
Standard deviation of 30%. With 95.44% confidence, we should expect its actual return in any particular year to be between which pair of values?
Assume the value of the Vegetarian Price Index for 1996 is 90 percent. That means that:
Suppose the inflation rate increases from 3% to 5%. Does the Fisher equation imply that this increase will result in a fall in the real rate of interest? Explain.
Why are changes in inventories included as part of investment spending? Suppose inventories declined by $1 billion during 2008. How would this affect the size of gross private domestic investment an
Closed-end funds do not nave to maintain such a positon in "cash equivalent" securities. What difference between open-end and colsed-end funds might account for their differing policies?
Why should you ever put yourself into a position where your friend's decision will carry the day, whether you agree with her or not?
Service level is interpreted as the probability that there will be stock out of any size during lead time. The restaurant chain serves 365 days a year. What impact does the variability of demand seem
What is the "current macroeconomic situation" (e.g. worrying about inflation and/or recession) in the U.S.? [2] What should the U.S. Congress and the Federal Reserve do about it?
Why might investors be concerned if a member of the board of directors also has a business relationship with the firm? what is an "interlocking directorship"? why is it a bad thing?
Suppose households supply 430 billion hours of labor per year and have a tax elasticity of supply of 0.20. If the tax rate is increased by 10 percent, by how many hours will the supply of labor decl
Show the effects of the following commodity taxes on a graph. For each tax clearly illustrate and label the tax burden of consumers and producers.
Japanese CEOs generally receive much lower levels of compensation than CEOs in the United States. Does this imply that U.S. CEOs are overpaid?
Use a graph to show why an increase in the market demand elasticity reduces a cartel's monopoly power. Show how an increase in the market demand elasticity affects the elasticity of the residual de
What is the maximum price the country with the comparative advantage in ballistic missiles is willing to pay for a microprocessor in terms of ballistic missiles?
Do you think these costs should be included in GDP? Why or why not? How should GDP be amended to include environmental damage costs?
What is peak-load pricing? How is it similar to price discrimination? How is it distinguished from price-discrimination?
Why does the assumption of independence of risks matter in the examples of insurance? What would happen to premiums if the probabilities of houses burning were positively correlated?
Use the diagram below to derive the uncompensated and the compensated demand curve for oranges (the good on the vertical axis)