Nominal value of money
Problem: True or false and explain. "The AD schedule slopes downward because real income rises as the price level declines and everybody buys more as their real income rises."
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Suppose total benefits and total costs are given by B(Y) = 100Y - 8Y2 and C(Y) = 10Y2. What level of Y will yield the maximum net benefits? Show your work.
Present a summary of a compared and contrast the advertising and sales promotion approaches used by Frito-Lay and two competitors
(a) Compute all of the variances for (1) direct materials and (2) direct labor. (b) Compute the total overhead variance.
A firm purchases a new computer system for $1M. If the marginal propensity to consume is 0.8, the final change in national income will be
True or false and explain. "The AD schedule slopes downward because real income rises as the price level declines and everybody buys more as their real income rises."
Design a two-part tariff (pricing) structure that would get the max nightly profit from each LEGAL drinker. The two-part pricing would include a cover charge plus a charge for each drink.
(1) Calculate the prices that should be charged to each customer if the seller is able to use first degree price discrimination. (2) Is this a good strategy, or should the firm charge the same price to both customers?
Look at the consumer prices (personal consumption expenditures - less food and energy. Do you see any relationship between the federal funds rates, prices and GD
If you were to pick the single most important factor that drives the fluctuation in the short term stock market prices, what would that factor be, and why do you think that it is the chief factor that drives short term fluctuations?
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