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How many basketballs does DTR produce? At what price are they sold and what is DTR's profit at that price?
Widgets can be produced in the United States or abroad. If international trade is allowed, what is the equilibrium price?
Derive the world relative supply curve of tables. Under free trade, which country produces which good(s)? How many units?
Fiscal policy to restore full-employment. Monetary police to restore full-employment. What is the price level in the long run if we do nothing.
Why can you write an expression for S(ß) for the general case with arbitrary constraints x = (x1, . . . , xK), using the free energy and perhaps its derivative?
Find the Delta, Theta, and Gamma of the option at time 0. Find the approximate value of the option at the end of week 1. Assume there are 52 weeks in a year.
Find the first-order conditions with respect to c and m. Find the expression for money demand. How is money demand affected by changes in consumption?
Draw the long run market diagram for a perfectly competitive, increasing-cost industry with both the short run and long run supply curves.
Draw the long run market diagram with both short run and long run supply curves. What are differences in your diagram? Explain why we do see these differences.
Write the principal's maximization problem when effort is verifiable. When effort is verifiable, what are the optimal values for a and ß for the principal?
What effort level will maximize the agent's expected utility? Derive the optimal values for a and ß for the principal when effort is unverifiable.
Write the problem of cost minimization. Interpret. What is the condition that the optimal choice of inputs has to satisfy? Interpret.
Find the value of a country a dollar and the consumption of the initial old. Find the consumption of the initial old in country a and in country b.
I consume all my income at every level of income. Draw my consumption and saving function. What are my MPC and MPS?
What is the Consumer Price Index (CPI), and how is it determined each month? What effect does inflation have on the purchasing power of a dollar?
How much should be set aside for maintenance, if the car is to be kept 10 years and if the money which is set aside earns interest at the rate of 6% per year.
Calculate the number of kilometers each salesman would have to drive each year for it to be economically practical for the company to provide the automobiles.
Assume that you are the product manager for Tattoo Skin Solutions; What pricing strategy would you recommend to market your product?
Draw a decision tree and determine the best alternative using the expected net present value criterion.
What are your major takeaways and how do you think you can use them in your daily life?
How the Australian government with the help of the Reserve Bank. If they pursue this policy, what happens to the amount of investment in the economy?
Discuss and explain the situation involving the tangency between the isocost line and the isoquant.
If the salvage value is $0 and the interest rate is 10% compounded annually, what is (most nearly) the present value of the machine?
What is the effect of the tariff on the U.S., European, and total quantities and price(s)?
Explain and show graphically why labor markets characterized by delayed supply responses may exhibit a cobweb-shaped adjustment path to equilibrium.