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Compare and contrast the following two cases of speculative bubbles: a. Tulip mania in the 1630s b. South Sea and Mississippi bubbles in 1720s
Describe the behavior of oligopolistic firm. how does the firm use Game Theory? define and explain the two types of game theory associated with competition? how do decisions change from short run to long run?
assume the following open economyc 300 0.80y - 125i 150g 250x 115m 125.05ya. conclude the equilibrium level of
The company rents roller cutters and crimping machines for $16 per hour, and the marginal product of capital is 100 rollers per hour. Illustrate what do you think the previous manager should have done to keep his job.
A firm uses third-degree price discrimination to sell the same cologne under two different labels. The price elasticity of demand for `High Class' is -1.25. The price elasticity of demand for `Splash-This-Stuff-On' is -2. Which one of the following s..
three arguments used to promote trade barriers are the national security argument the infant-industry argument and the
Consider each of the following events. For each, identify whether it should be included in the U.S. BOP table; where relevant, determine whether it is a debit or credit entry; and calculate the statistical discrepancy entry for the U.S. BOP table. Fo..
An economy adjust on its own to close a recessionary gap because there is
One of the most challenging tasks for the airline manager is matching demand and supply (capacity).
a) Calculate the relevant cash flows for the evaluation of this project. b) Decide whether Carla should invest in this production line or not.
The U.S. government issues a coupon bond with the coupon rate 5% and the maturity 20 years. The bond with a face value of $1000 is sold at a present value of $900. Calculate the yield to maturity of the two bonds. Are the two bonds sharing the same y..
Can you earn abnormally high returns using this information? Why or why not?
Suppose a country’s currency is a gold coin. One day, speculators find a large gold mine which doubles the supply of gold coins in the economy. In the short run:
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