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1. Demonstrate and document the trends in medical costs 2. Assume the Senator is not an economist and is not familiar with indifference curve analysis
Using the theory of consumer behavior, how do you think flexible benefit packages would affect an employee's preference between higher wages and more benefits?
Question: Find the optimal capital structure (that is, optimal combination of debt and equity financing). Question: Why does the cost of capital initially decline as the firm substitutes debt for equi
How would an increase in each of the following affect the consumption function? How would it affect the savings function? (a) net taxes (b) the interest rate (c) consumer optimism or confidence (d)
a. If the price of good X is $100, what is her income? b. What is the equation for her budget line? c. What is the slope of the budget line? d. What is the price of good Y?
(1) Prepare a monthly manufacturing overhead flexible budget for the year ending December 31, 2008, assuming production levels range from 35,000 to 50,000 direct labor hours. Use increments of 5,000
Prepare the budgeted income statement for the first 6 months and all required operating budgets by quarters. (Note: Use variable and fixed in the selling and administrative expense budget). Do not p
Question a) Determine the overhead application rate. Question b) Determine how much overhead was applied to production.
Here are the topics in the material related to Unemployment and its natural rate. Choosing any/all/some of these will cover the course material requirement. 1. How unemployment is measured 2. Why ar
a. Calculate the interest on loan for each year. b. Using MACRS-GDS depreciation (5-yr property), calculate the after-tax cash flows.
Compute the net present value incorporating James' estimates of the value of the intangible benefits, but still using the 11% discount rate.
Consider the following series of shocks to the U.S. economy and show the effects in an AD-AS diagram (using an upward-sloping short-run aggregate supply curve). Be sure to label the curves clearly.
There are an equal number of potential bidders having each value. Suppose two bidders show up for an auction at which the good is offered. What is the best estimate of the expected revenue fro
Compare a ban on trans fats to a ban on cocaine. What do the markets look like? How are they different? Which ban would be easier to enforce? Explain.
You go out to dinner with a group (friends or family or co-workers). Does your choice of what dish to order depend on your belief about who is going to pay for the meal? Explain and discuss.
The subject is illegal immigration and its impacts upon the American economy. Present the economic implications (pro and con) of the current immigration situation and discuss what you would recommen
Is there another option you have not considered? How does this relate to the concept of scarcity in economics? Demonstrate a basic understanding of the concept of scarcity and the economic implicati
Question 1. Briefly explain whether or not the Prisoners' Dilemma has a first-mover advantage. Question 2. Briefly discuss the rationale for an insurance company including a deductible on a typical po
1) Graph the budget line, and determine the market rate of substitution. 2) Explain and illustrate the budget set. 3) Show in your graph what happens to the budget constraint if increases to $10.
What is the basic difference between using a subsidy to induce producers to install antipollution equipment and a tax on producers who pollute?
Each item of inventory Trident Foods produces has a selling price of $20? What is the degree of operating leverage of Trident? What is the degree of total leverage for Trident?
Is it possible for a government's solution to a market failure to actually worsen the failure? Explain your answer.
Assuming that Happy Valley wishes to break even on a cash-flow basis during the first year of operation, what charge per discharge must be set? If the hospital wanted to include an element in its ra
Estimate what will happen to the revenue of the practice. Use the concept of price elasticity to make the projection. Assume that price elasticity for patients in good or excellent health is 0.35 an
When deciding whether to levy a corrective tax on consumers or producers, the government should be careful to levy the tax on the side of the market generating the externality.