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How much substitutability do you suppose exists between inputs in winemaking? How might this factor affect efforts to cut costs?
How would a substantial appreciation in the European euro in the foreign exchange market affect the quantity of imports of European products by the U.S.?
Would this event cause the demand for the dollar to increase or decrease relative to the demand for the Japanese yen? Why?
Fred Ridgeway has been given the responsibility of managing a training and development program. He knows the earliest start time, using earliest start times, determine Fred's total monthly budget.
Customers arrive at an automated coffee vending machine at a rate of 4/min, following a Poisson distribution. How long does the average person wait in line before receiving service?
What does a bullish approach mean? Why does the data on options purchases indicate that traders were taking a bullish approach?
Assume that the annual interest amount is reinvested, i.e. compounds, at the same annual interest rate. Would your answer change if Google revised its outlook for the yen to appreciate 1.3% per year
What is the price of manufactures in terms of food at which A and B would respectively supply manufactures? What would A export in Adam Smith's world? What is the amount it could supply?
what is the minimum amount of Yen they should receive on August 28th, 2012 given the eight month forward rate for one US dollar in terms of Yen that you calculated in problem one?
If the forward rate is an accurate predictor of exchange rates, in this case will the Yen get stronger or weaker against the dollar? What does this indicate about the market's inflation expectations
determine algebraically the new equilibrium price and quantity if (a) the demand function changes to QD' = 12,000 - 1,000P or to QD" = 8,000 - 1,000P.
The best level of output? (b) Are the normal returns on investment included as part of costs or as part of profits in managerial economics? Why?
Will the short-run marginal cost decrease or increase. (b) Why do these firms not replace all their older equipment with new equipment in the long run?
Find the value of C that maximizes Jim's utility by taking advantage of the relationship between the maximum of a function and it's derivative).
The article, and the new process will be widely available in 6 months. How specifically does this information affect your desire to sign a two-year contract with Toy Yachts R Us?
Would it improve profits by increasing output, decreasing output, or keeping output unchanged? What do we call this principle? Does it hold in both perfect competition and monopoly?
In benchmarking sales representatives against one another, what problems arise from continuing to reassign the above-average trade representatives to previously unproductive sales territories?
What are 2-3 relationships between the economic concern you selected and that specific country's economy? What trends do you see in the data sets?
Can you think of constituents in Philadelphia who would not want the city to host the convention? Use a series of graphs to show changes in four separate markets that would be affected by the conventi
Identify the flaw in this analysis: "If more Americans go on a low-carb diet, the demand for bread will fall. The decrease in the demand for bread will cause the price of bread to fall.
The cross elasticity of demand for the train rides with respect to the price of a plane ride is 0.4. Calculate the percentage changes in the quantity deanded of plane rides and train rides.
They argue that this tax would both raise tax revenue for the state of Washington state wine industry. Do you agree with these claims? Is it a good policy?
If England and Scotland decided to trade, which commodity will Scotland trade to England? Explain. C. If a Scottish worker could produce only 1 sweater per hour, would Scotland still gain from trade
Suppose that before the resource subsidy scheme Canada's resource constraint is. After the subsidy scheme is introduced by the world-government? Explain .
Draw accurate graphs of the loanable funds market in Asta and Presso, and indicate the capital flows for each country that will lead to an international equilibrium interest rate of 2%.