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A major topic of discussion today is the price of fuel. Over the past several years the price paid for a gallon of gasoline, diesel fuel, or jet fuel has been fluctuating. Indeed, all products that
A risk-averse manager is considering a project that will cost $100. There is a 10 percent chance the project will generate revenues of $100, an 80 percent chance it will yield revenues of $50, and a
Manning Industries manufactures and sells three different models of wet-dry shop vacuum cleaners. Although the shop vacs vary in terms of quality and features, all are good sellers. Manning is curre
If you could, How would you measure the overall financial health of Walmart? What are the good and/or the bad signs, if any, in your outlook?
In 250-300 words, discuss the market structure in which General Motors operates and what strategies they used to maximize profit.
Problem 1. Identify one or more negative externalities that have an affect on an individual. Could existing or proposed laws have prevented this from happening?" Problem 2. What are public goods? Wh
Q1. What is the efficient outcome? Q2. What are the outcomes under the two property rights regimes when there is no possibility of bargaining?
Should the club cover explicit and implicit costs? Imagine that you are asked to consult with a drama club that puts on a play every year. The club asks you: How much should we charge for tickets if
Problem: Suppose Qd = 10,000-2Px+3Py-4.5M, where Px = $100, Py = $50, and M = $2,000. What is the own-price elasticity of demand?
1) Find the prices that maximize profits if you sell the two products separately. 2) Find the price of the bundle that maximizes profits, if you can only offer the two products together as a bundle.
This assignment discussed, in detail, the "how" of national income accounting. Yet clearly not "everything" is counted. In 2008/2009, the United States was in a recession, and reported GDP was shrin
Problem: Describe in your own words the law of diminishing marginal returns. Write your response in APA style of writing.
Choose 5 RTAs(REGIONAL TRADE AGREEMENTS) out of the many that are available to the African nations.
Suppose a business experiences a sudden increase in its fixed costs. For example, suppose property taxes increase dramatically. What impact, if any, will this have the firm's AFC (average fixed cost
In 2006, 15,000 new homes are expected to be completed in the primary market area. Mapco plans to charge $50 for its trimmer. The Surefire trimmer is expected to sell for $55. Q1. What sales are for
Prepare a Word document of the general background information regarding the country selected (e.g., location, size, and brief timeline of the main historical events and relevant exchange rate arrang
Speculate on the major reasons why certain countries have lagged behind other countries in economic development. Recommend three (3) generic actions that the three (3) researched major competitors c
Problem 1: Give a brief summary of economic costs. In the short-run, why might a firm still operate even when there is a loss.
Question 1: Set forth and explain in detail the concept of pay for performance. Question 2: Do you believe that pay for performance is the most ethical and efficient payment system? Explain in detail
Being opposed to coercion, the chief decides to require a fishing license for Lake x. If the licensing procedure is to being about the optimal allocation of labor, what should the cost of a license
When you study, how might you know that you are at a point of diminishing returns, or where more study will not benefit you like it did before? Can you identify any of the costs that would help you
In the 1930s, the United States found itself in the grip of the Great Depression. During this time period, a weather phenomenon called the Dust Bowl also occurred. Conduct an Internet search on The
Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in maki
What if Brian decides to spend 25 hours, rather than 19, studying? How does the optimal mix change? How does the maximum average grade change?
Students will use this U.S. Census Industry data portal to access data for a zip code with which you are familiar. This can be the zip code of your personal residence, location of employer (corporat