Calculate the own price elasticity
The demand for good X has been estimated by Qxd = 12 - 3Px + 4Py. Suppose that good X sells at $2 per unit and good Y sells for $1 per unit. Calculate the own price elasticity.
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Marcus and Frank form Tiger Corporation. Marcus transfers property (basis of $175,000 and fair market value of $100,000), and Frank transfers land (basis of $50,000 and fair market value of $90,000) and $10,000 in cash. Each receives 50% of Tiger
Suppose that butchers and bakers had no unions. Now suppose the butchers form a union. What does this do the labor supply of and wages of bakers?
On October 29, 2010, Lue Co. began operations by purchasing razors for resale. Lue uses the perpetual inventory method. The razors have a 90-day warranty that requires the company to replace any nonworking razor.
The cost of entering the market (regardless of which market you select) is $250,000, should you enter one of the European markets? If so, which one? If you enter, what is your expected profit?
Compute the debt-to-asset ratio for the last two years and explain its meaning. How did the debt position change over the last year? What were the sources of these changes? Would potential lenders prefer the debt to total assets ratio to be larger
Company varies in the short run is the number of hours worked by people already on its payroll, would shifting from paychecks to payroll cards reduce the firm's total fixed costs or its total variable costs? Explain your answer.
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Based only on tax considerations, what marriage date would you recommend for the loving couple? How much would your choice saves in taxes?
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