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Find the short-run supply curve of the firm and the market. What is the price, quantity, profit/loss for each firm? Is this industry in long-run equilibrium?
List and explain three factors the lead to individual differences in human capital investment. Explain why workers bear general training costs.
After the 120th payment it was refinanced with 6% interest rate mortgage for 10 years. What is the reduction in monthly payments?
Suppose that the tax rate, t, increases to 0.25. What is the new equilibrium income? The new multiplier? Calculate the change in the budget surplus.
If you had $2,000 now and invested it at 10% interest compounded annually, how much would it be worth in 8 years?
What happens to consumption today and in the future? Is the consumer better or worse off? What happens to savings? Will the consumer remain a lender?
If a corporation has a tax credit of $80,000 and its taxable income is $550,000. How much tax do they have to pay based on the tax table in your equation sheet?
How much money did you have to put into an account gaining 2% interest, compounded monthly, at the end of 2014 to be able to buy the same amount of cement at th
What set of prices for apples and bananas, respectively, would be consistent with consumer equilibrium?
What is the marginal tax rate of a corporation with a taxable income of $250,000 based on the tax table in your equation sheet?
How would you manage the costs associated with a value-creation activity? How do costs of operations relate to the strategy of the organization?
What is the relationship of marginal productivity and wage rates? How does value of productivity determine wage rate.
Why women are more likely to stay at home and take care of children than men are?
Explain with the help of graphs how the economy converges to the general equilibrium after the shock. What happens to the aggregate price level?
Suppose that the seller offers the product at a price P without a warranty. If the buyer accepts this offer, should the seller produce a good or a bad product?
Find the per worker production function. What savings rate is necessary for the economy to reach this consumption maximizing steady state?
What are core competencies of AMAZON company? What is the likely future of AMAZON if it continues on its current path?
What problem was the new doctrine of shareholder primacy thought to solve?
How do managerial economists distinguish between short and long run for business?
What assumptions are necessary for the authors' approach to be valid? What evidence do the authors provide?
In the chapter we talked about the problem of lags in discretionary fiscal policy. What does the Solana case tell us about this issue?
Suppose the cost of a box of DVD disks is $12, what would be the profit-maximizing price of one box of DVD disks?
Do you think SOX has been effective? Why or why not? Cite examples? What is stare decisis? Why is it so important to our legal system? Use examples, please.
Suppose the full-employment level of output or potential GDP is 600. What kind of problem is the economy experiencing and how big is the GDP gap?
A company bought a $65,000 construction equipment (5-year class). What is the MACRS depreciation for year 4?