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You are just starting graduate school part-time, and you've decided you want to buy a used Patek Phillipe watch when you graduate in four years. The watch will cost $34,995. You think you can save $600 a month during your four years of college. If interest rates are about 4%, will you be able to buy the watch when you graduate?
When the colts won the super bowl the demand for peyton manning's jersey was: P = 210 - 0.002Q with a corresponding marginal revenue of: MR = 210 - 0.0004Q IF the marginal cost of producing a jersey is $10, how much are the trademark licensing rig..
Where P is the price of output and Q is the number of outputs sold per hour. This firm is the only employer in town and faces an hourly supply of labor given by
Calculate the ICER for the new treatment, assuming that the new treatment would replace the old one. In what quadrant is the ICER located in Figure 3-4? Is cost effectiveness analysis relevant? How does the answer change if the cost of the new treatm..
Consider the following situation. An individual may decide to pay taxes of $1200 or evade them. Assume that if the individual evades taxes and is audited, he pays a fine of $350, in addition to back taxes. Set up the strategic form (payoff table), w..
Define the 3 types of price discrimination and explain why 1st degree discrimination is very difficult to practice. Provide 1 example where a form of 1st degree discrimination is practiced.
biolyses is a biotech division of alphacon pharmaceuticals. in its 8 years of survival biolyses has had only one drug
Determine how the following affects the slope of the output demand curve, and explain your results:
To reach the full employment level in the goods market, should expansionary or contractionary monetary or fiscal policy be implemented?
Why the relationship between price elasticity and the incidence of taxation is important for local government to understand? Specifically, in terms of policy implementation which will involve taxation.
If the coefficient of determination is 0.738, what percentage of the data about the regression line is unexplained?
How can price and income elasticity measures be used by businesses to help maximize their sales revenue during an economic downturn?
Find examples in current news publications of the strategic responses of individual businesses to changes in currency exchange rates. Are these firms adapting to the changing international environment, or are they engaged in political action to tr..
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