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1. What is the value of MR when Q = 8,000? 2. What is the value of MC when Q = 8,000?
Compute the elasticities for each independent variable. Note: Write down all of your calculations.
Question: Present an economic argument to explain why firms often have mandatory retirement (where allowed by law).
Identify the variables and spell out the assumptions related to the use of this "securities price" formula or model.
Question: The Microsoft trial has been one of the biggest investigations of antitrust behavior since the turn of the century.
(a) Depict the wage-schooling locus on a graph. (b) Derive the marginal rate of return to schooling curve. Depict on a graph as completely as possible.
A firm in an oligopolistic industry has the following demand and total cost equations
Explain what you can do, if the best technology was used to produce the components of the system to achieve the .99 reliability?
Show whether this firm opposes legislation prohibiting mandatory retirement for workers under 65.
So, by cutting staff of 19 with a salary of $100 per day, an eight hour day, how much will I save?
Given that a tire has been driven (on a test machine) 20,000 miles, determine its reliability at 60,000 miles.
Question: How does the state of the economy affect federal budget. How can macroeconomic variables inter-relate to each other.
Assuming individuals hold no currency, calculate the simple money multiplier using the following reserve ratios:
Draw an indifference curve that is tangent to the bundle of leisure and consumption described in (b).
A family sells a home, without using a broker, for $150,000. They could have rented it on the open market for $700 per month.
What do you think would be the effect of increases/decreases in the dollar's exchange value on the firm's profitability?
Does the transaction of a buyer and seller directly affect a third party? Is the effect a negative or positive externality? Please explain.
. Suggest some alternative or complementary strategies that Control Data might have used to deal with the problem.
Question: How is it that WalMart was able to find success in the discount retailer industry?
When Total Revenue exceeds its peak, what does the Marginal Revenue reach?
Question: Other than financial assistance, how might industrialized countries help developing countries to control ozone depletion?
Consider a worker who values his wage and the risk level according to the following utility functions
Write out the equation used to evaluate the net benefit of a college education, for discount rate r.
The risk-free rate is 6% per annum, the volatility is 20% per annum and the time to maturity is 3 months. What is the price of the call option?
Do autoworkers in Japan have a higher marginal product than American autoworkers?