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Assume that he get paid at the beginning of each period so that you don't have to discount the first cash-flow. What is the highest cost of migration that a worker is willing to incur and still make t
Assume the entire civilian labor force is 20,000 people, the number of unemployed is 2,000 people but, 500 of the unemployed have now stopped looking for work. Compute the unemployment rate, in per
Out of the 7 wedges to stabilize and reduce greenhouse gases, which two do you think would work best for the National Transportation Agency and why?
Give two reasons why Carson's is a good LBO candidate. Give one reason why Carson's is NOT a good LBO candidate.
Consider the following statement: "The United States can make certain toys with greater productive efficiency than can China. Yet we import those toys from China."
There are two groups, each with a utility function given by U(M)=sqrt(m), where M=144 is the initial wealth level for every individual. What is the most a member of each group would be willing to pa
"Suppose that stock prices were to fall by 10 percent in the stock market. All else equal, would the lower stock prices be likely to cause a decrease in real GDP?
Draw and label the demand curves. Does this data indicate that the demand curve for this hybrid automobile is upward sloping? Why or why not?
Using the calculations in the first criterion, clearly present the results for Option A and for Option B as though for an audience of city council members.
Suppose you decide to withdraw $2,000 from your checking account and use the money to buy a bank certificate of deposit (CD). Briefly explain how this will affect M1 and M2.
The number purchased increased during this time. Using a supply and demand diagram, show the impact of the ice storm on the market for kerosene heaters.
Each member of the committee has to veto one and only one of the candidates that have not been vetoed yet. Draw the extensive form of the game.
Suppose firms in the economy were to produce fewer goods and services. How do you think this would affect household spending on goods and services?
Show that the above market shares correspond to the equilibria in the following situation: The three firms produce homogeneous goods for a market with demand
Consider if the government instituted a 10% income tax surcharge. In terms of the AS/AD model, this would have a) shifted the AD curve to the left.
Currently their long-run average cost is $1/unit. If Round Things doubles its use of all inputs, its new long-run average total cost will be?
Calculate the incremental profit Electron Control would earn by customizing its instruments and marketing directly to end users.
XYZ produces gadgets that are sold for $20 each and is able to hire workers for $10 per hour. How many hours of labor should XYZ hire each day to maximize its profits?
The combined marginal costs of the firms in the gilder industry are: MC = 9 + 0.3Q. a. Draw the demand, and marginal cost curves. Calculate and show how much these firms will sell and what they will
Use this information to predict the annual number of VCRs sold if Income tax reductions raise average disposable personal income by 5%, with prices for DVDs and VCRs unchanged.
Describe what will happen to this market as it moves to a new equilibrium. If a hard freeze eliminates Brazil's premium coffee crop, what will happen to the price of premium coffee?
you know that a third of all commercial discoveries are major discoveries resulting in an NPV of $1,000MM after the original drilling and seismic costs. Do you decide to invest in the project?
Compare and contrast what policies Keynes and Hayek advocated regarding how the federal government should manage the economy.
What are the reservation values you calculated for Bel Vino and Starshine? Briefly justify your reservation prices. Include the final valuation spreadsheets.
A company is offered trade credit terms of 3/15, net 45 days. The company does not take the discount, and instead pays after 67 days. What is the nominal annual Cost of not taking the discount?