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Consider a straight-line PPF (production possibilities frontier) where lemonade is measured on the vertical axis and shoes are measured on the horizontal axis. This nation does not trade with any other nation. It can produce a maximum of 2000 units of lemonade if it produces no shoes; it can produce a maximum of 400 shoes if it produces no lemonade.
Calculate the slope of the PPF.
What type of monopoly is Sydney Water? Describe the main characteristics of this monopoly type in general and in relation to Sydney Water.
Think of some foreign products that are marketed in the United States. Have the foreign manufacturers used marketing that is sensitive to U.S. culture? Provide some specific examples.
How do externalities affect markets? Suppose a common resource –wood in a public forest- is being overused because residents consider the benefit of gaining firewood or wood for building but do not account for the cost of deforestation when chopping ..
The Environmental Protection Agency (EPA) is an independent department with a cabinet level secretary of Environmental Affairs. The Kyoto Protocol had strong support in the U.S. Senate.
In terms of the shareholder wealth maximization model, if the expected future profits of a firm are cut in half, what should happen to the share price?
Countries that choose to pursue a fixed exchange rate have less or more flexibility to pursue monetary policies in line with domestic goals. A decrease in U.S. exports to Mexico will cause the supply of pesos in the foreign exchange market to increas..
You borrowed $21,061.82 to finance the educational expenses for your senior year of college. The loan will be paid off over five years. The loan carries an interest rate of 6% per year and is to be repaid in equal annual instalments over the next fiv..
Exploring Different Data Collection Methods - A Study into Numerical Descriptive Measures - A Study into Different Types of Distributions.
Norwood Corp. currently has accounts receivable of $1,406,000 on net sales of $5,312,000. What are its accounts receivable turnover ratio and days’ sales outstanding (DSO)? Laurel Electronics has a quick ratio of 1.38, current liabilities of $4,480,1..
Some new production machinery has a first cost of $100,000 and a useful life of 10 years. Its estimated O&M costs are $10,000 the first year, which will increase annually by $4,000. Determine The after-tax cash flows. The property’s economic service ..
The equilibrium allocation is stationary over time. Write down the market-clearing condition for an arbitrary date t. Find the real rate of return of at money at the monetary equilibrium. What is the gross rate of in ation?
1) Distinguish between explicit and implicit costs, and between normal and economic profits.
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