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Do you agree or disagree with the statement that: "A monopolist always charges the highest possible price."? Explain.
If there is a tariff of 25 percent on imported automobiles and a tariff of 50 percent on imported inputs used in this industry?
His marginal willingness to pay (or his marginal benefit) for these pots is detailed in the following chart. How much is Kevin willing to pay for a third pot?
How might the measurement of size be improved? What other variables should be considered when determining what is reasonable in terms of maintenance expense?
suggest strategies to either maintain demand (if an increase over three periods occurs) or improve demand (if a decrease over three periods occurs). Provide support for your recommendations.
Not everyone agreed with this statement. In what sense is this statement correct? Under what circumstances could it be false? Explain.
Draw the supply and demand for apartments. Assume in this market all apartments are identical, so there is only one equilibrium rent ("price" of an apartment).
How many shares of common stock must be issued, and at what price, to raise the required capital? C) What is the effect, if any, of this new project on the value of the stock of the existing shareho
The machine will provide after tax cash flow of $30,000 (in current dollars) per year over its life of five years. Calculate the following: Rate of Return.
Select a foreign currency and see if you can calculate the expected future exchange rate for 1 year based on interest rate differentials and compare it to the one year market forward rate.
Develop a regression equation using the data you collected from your research. Use the regression equation to focus the demand for the product you chose for the next three periods.
Find the profit-maximizing choice of q for this small farm, and calculate the profits that will be earned at this choice of q.
Solve the two equations for Q and P to show how Q and P depend on U and V. Derive the variance of P, the variance of Q, and the covariance between Q and p.
Can confidence intervals be constructed in the usual way? Evaluate these statements: "Measurement error in the X's is a serious problem. Measurement error in Y is not."
What is the implication of the two-way causality to the estimated coefficients of the system of equations above? How could you find a consistent eatimate of the coefficient?
Suppose we have a regression model of Y = ßo + ß1X + U, where E(XU) ≠ 0. Do an IV estimate of the ß1 coefficient and analyze the statistical properties of the estimated coefficien
If the firm's MARR is increased to 25%, what would be the required savings in leasing so that the project would remain profitable?
Returning to the original situation, what is the amount of the MACRS-Class 7 depreciation taken in the third year if the machine is also sold during the third year?
Do you think this particular budget cutting policy helpful to curb the growing budget deficit? More generally, will such a policy benefit the country?
XYZ produces gadgets that are sold for $20 each and is able to hire workers for $10 per hour. How many hours of labor should XYZ hire each day to maximize its profits?
The percentage effect that this increase in output will have on the profit made from producing and selling commodity Alpha will be?
total variable costs for the year will be 80 million. The price of the GREENBERRY is $450. What is the degree of operating leverage for the GREENBERRY?
Assuming that, the cross elasticity does not change, at what price of pipes would the demand for pipes tobacco be 3000 pounds per year? use $15 as the initial price of a pipe.
What is the total market demand for polyglue at the price established by Alchem in Part (a)? How much of the total demand do the follower firms supply?