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Using the results from (1) above, calculate the number of boxes of pasta which must be sold to break even before the expansion into the production of sauces.
A Wall Street Journal offered the following opinion of the bond market in September 2012, when inflation rate was about 2%: “Someone buying long-term bonds yielding 1.5% or 2% and then seeing consumer price inflation of 4%, will be on the losing end ..
Illustrate what will be the long run market equilibrium price also output. Elucidate how many mills of Illustrate what type - new or old - will survive.
Tater and pepper Corp reported sales for 2015 of 24 million. Tater and pepper listed $5.7 million of inventory on its balance sheet. How many days did tater and pepper inventory stay on the premises? How many time per year did tater and pepper invent..
Suppose the Ajax Insurance Company provides insurance for skydivers whose wealth before diving is $400. An accident will leave divers with a wealth of $100. The company divides the divers into two classes: safe (probability of an accident = 0.2) a..
Consider two consumers, John and Maria, each with an quantity of two goods: corn and sugar. Suppose now that John has 40 G and 0 S and that his MRS(GS) is 1G/1S. Maria has 20 G and 70 S and her MRS(GS) is 3G/1S. Are there gains to be had for both Joh..
Can you tell whether this firm is in a competitive industry. If so, can you tell whether the industry is in a long-run equilibrium.
You work for a company that is being accused of monopoly behavior, given its large size. Comparisons are made to the industry standard, where each establishment
How does the demand curve faced by a purely monopolistic seller differ from that confronting a purely competitive firm? Why does it differ? Of what significance is the difference? Why is the pure monopolist's demand curve not perfectly inelastic?
Assume there is no marginal cost to selling one additional unit. What rule should you follow in figuring the final price?
The supply of high ability workers is QH = 0.1(W - 7,000) and the supply of low- ability workers is QL= 0.1(W - 2,000), where W is the monthly wage.
The Wei Corporation expects next year's net income to be $10 million. The firm's debt ratio is currently 35%. Wei has $13 million of profitable investment
In the eclectic economy of Ecentricitia, their currency is the Ecentric dollar (ED). 0.05 of each ED earned by Ecentricites goes to taxes. 0.09 of each ED earned is spent on imports. After taxes, they save 0.15 of each ED. What is the Government spen..
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