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Why is P=MC when the companies make max profit? What are the relationships between AR, average revenue, and MR, marginal revenue?
Les argues that the 10 year note is a better risk free rate at 2%. He also argues that the stock market is too high and the expected return is really only 5%. Assume that he is correct. The company has a beta of 1.6. What is the cost of equity?
Discuss the characteristics of a good mission and how it can help the organization reach its objectives. Give examples.
Elucidate the meaning of value added and its importance in the income approach. Consider the following data for the selling price at each stage in the production of a five-pound bag of flour sold by your local grocer. Calculate the final market va..
Consider a two currency model where there are U.S. Dollars ($) and the Euro (€) being exchanged. Suppose a permanent decrease in the money supply causes the U.S. exchange rate ($/€) to change in the long run. Will the long run U.S. exchange rate be a..
Do you think the attitudes and bargaining behaviors of the participants in collective bargaining negotiations are more or less important in the final outcome than economic conditions and factors? Why?
In the Great Plains states west of the Mississippi river, annual rainfall is less than annual water usage for irrigation. The level of groundwater in the Ogallala aquifer that underlies the region is dropping precipitously. On its western edges the a..
Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. (At the same time, one internet business such as grocery home deliveries have continually suff..
In the two-period intertemporal consumption model, if MRS = C2/(4C1), r= 5%, Y1 = 50 and Y2 = 105, the optimal consumption combination
Determine whether each of the following increases, decreases, or remains unchanged in the short run: the market interest rate, the quantity of money demanded, investment spending, aggregate demand, potential output, the price level, and equilibrium r..
If your average pre-retirement earnings were $30,000 per year, your highest preretirement earnings achieved was $90,000 per year and you receive $20,000 per year in retirement benefits, what is the replacement rate?
Describe a situation in which there is an economic argument for regulation the quantity of pollution reduction in order to achieve reduced pollution levels rather than using a tax.
Describe how the asset-price channel of monetary policy impacts real estate markets. How might adopting triple-bottom-line accounting influence the competitiveness of U.S. firms in foreign markets? Why has the black/white wage gap narrowed over the p..
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