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The multiplier on Treasury note futures is $100,000. How many contracts do you buy or sell.
When each of the two shifts works 72 hours per week, production increases to 4000 uniforms per week, but at a total cost of $144 each. Did the labor productivity ratio increase, decrease, or remain
What situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the contract. Provide specific examples to support your response.
In your opinion, is contracting a government service out to some private firm the best way. Does it make economic sense to contract out some government services.
Why is efficiency lost at the extremes, as when substantially more of one good and very little of another is produced.
Evaluate as accurately as you can how each of the following individuals would be affected by unanticipated inflation of 10 percent per year.
Explain several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem.
What performance percentage would you use to trigger executive bonuses for that year. Why. What issues would arise with the hiring and retaining the best managers.
If Dell agrees to purchase the 3 million hard drives at a price P*=$30.2/unit and subsequently renegotiates to only purchase for $26.8/unit, how much has Dell increased its own profits.
Assume that, other things remaining unchanged, the price of X falls to $1. What quantities of X and Y will you now purchase. Using the two prices and quantities for X, graphically derive a demand curv
How do you find the MRS of a utility function describing complement preferences, e.g U=min(3x+y,x+2y). How do you go about drawing an indifference for such a utility function.
the price of a seasonal pass to six flags great adventure is not much more than a weekly pass. why is this a reasonable pricing policy.
Can you please define diminishing marginal utility and illustrate with two real-life examples - one for a business and one for an individual.
Write the equation for his budget line. What is the slope of the budget line and what does it mean. Draw the budget line. Use the X-axis for bagels and the Y-axis for wine.
Consider a risk averse agent. He faces a health risk of D. How many units of the contract will the agent buy if the price is q=k.
Given the price p of the good, the consumer buys or sells, doing whatever makes her ending utility as high as possible. As a function of the price p, what will this consumer do.
Would your conclusions in the question above change also apply to honest people if there was a non-zero probability of incorrectly being found guilty of a crime.
A consumer buys five new college textbooks during his first year at school at a cost of $80 each. Used books cost only $50 each. Is this consumer worse or better off after the price change.
Nash equilibrium the workers will have an incentive to put in the optimal effort obtained in part a). Is this sharing rule reasonable. How could this sharing rule be implemented.
If money is no object, how many fresh fruit toppings and processed toppings will Barbara purche to maximize utility. Which of the basic assumptions of preferences are violated by preferences shown in
Diagram a representative budget constraint and indifference curve that passes through bundle A given Annette's budget is exhausted at bundle A. What could she do to increase her level of satisfaction
Would you consider that Fred was making a utility-maximizing choice and if so why or why not? If not, what should he do and why.
what is the maximum number of cookies he would most likely eat. How would each of the following events effect a household reaction on spending.
If the price of A rises to $4 while other prices and Daniel's budget remain unchanged, how much of each will he purchase in equilibrium. Using the information.
Do you think the chances are better or worse for achieving and equilibrium outcome if the tow players know each other. Explain. Do you think it matters whether the two players have played the game