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You bought a call option with a strike price of $45 on Fox stocks that are currently selling at $55 a share. The call option is trading at $4.50.
You have collected the following data on output and total variable costs:
Supposed you own a barbershop/saloon. You are considering lowering the price of either haircuts or alcoholic drinks. The actual elasticity of demand for haircuts o 1.36 and for alcoholic drinks is 0.62. which price should you lowers? Explain
Many manufacturers of clothing and other consumer goods open stores in outlet malls where they charge much lower prices than they charge in their own stores located within cities. Outlet malls are typically located a considerable distance from major ..
Recently I began thinking about why the use of tokens for money is so popular. In casinos, I think that it is well justified, but there are some cases when those arguments are not useful. For example, why would an amusement park make you buy tickets ..
Compute the revised slope of the AE cure and the multiplier when you know that the imports and the marginal tax rate
Give an example of a firm that's a monopoly right now. How/why did it become a monopoly? What circumstance enables a monopoly to exist?
An investor is trying to decide between 2 mutual funds. Mutual fund #1 offers a slightly higher return than mutual fund #2 so the investor decides that he will invest in mutual fund #1 unless the risk of mutual fund #1 is significantly higher than th..
Consider the online streaming services of Netflix and Amazon Prime (two providers of digital content). Discuss in 150 words whether the products offered by these firms are vertically or horizontally differentiated. Try to begin to sketch a formal mod..
q.the short-run production function for a manufacturer of flash memory drives is shown in the table below. based on
Economic value added measures business performance more accurately than conventional accounting earnings because _________.
Wal Mart does carry goods in which are perfect competitive. How do we know this? Wal Mart introduced their own brand to compete with the branded good and of course mark their 'GREAT VALUE' brand cheaper than their competitors. A good thing? I would s..
Discuss the author(s) contention that in addition to ensuring the solvency of social security, the government should also consider how to increase benefits for recipients. How much would this increase in benefits add to the burden on future taxpayers..
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