Calculate the elasticity of demand
If the price of Pepsi increases from $1.00 to $1.50 and as a result you buy 5 a week instead of 10 Pepsis. Calculate the elasticity of Demand.
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Compute the employment rate (i.e., number employed/population) each year. How can the employment rate rise when the unemployment rate is constant?
If there is no other Section 1231 gain (loss) during the year, how will the gain on the sale of this apartment building be treated?
In International trade, the exporter is most often not familiar with the buyer, and therefore is not sure whether the importer is creditworthy. If inventory is sold abroad and the buyer refuses to pay, it may be impossible, for the seller to have
How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
The market inverse demand function is P = 150 - 2Q, and the firm's cost function is C(Q) = 4Q. Determine the firm's equilibrium price and corresponding profits.
How do fixed and floating exchange rates differ in their adjustments to shifts in the supply and demand for currencies? What are the advantages and disadvantages of fixed versus floating exchange rates?
In exchange for her stock, Paula receives real estate with an $8,000 basis and a $15,000 fair market value that is subject to a $2,000 mortgage, and also receives cash of $5,000. What is Paula's basis in the real estate she received?
Suppose the government introduces a 10% income tax as a flat tax. How much more or less will Bob choose to work in response? What is the value of tax revenues collected?
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