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Assume that a consumer purchases a combination of products Y and Z. The MUy is 50 and the Py is $25. The MUz is 20 and the Pz is $5. What should this consumer do to maximize utility?
Referring to text Chap 3 “ Product Innovation Charter”, explain what are the benefits of this up front charter document early on during the product development process ?? Also, explain your personal experience of the benefits you experienced from dev..
1. Which of the following is a macroeconomic question? A How can a firm maximise profits, given the state of the economy?
Discuss how successful airlines control the use of discount fares by imposing and enforcing appropriate conditions on these fares, and how they utilize state-of-the art revenue management systems. Provide an example(s).
Give an example of how each ethical issue might be violated and describe how such a violation could affect completion of a project. Cite at least one ref source
Suppose that civilian non-institutionalized population (CNIP) is 120 million, and the labour force participation rate is 65%. What is the unemployment rate if employment is equal to 70 million? Justify your answer.
Consider we wanted to know how many trips versus dinners out you could purchase. If you were told that X = number of trips and Y = the number of dinners out and you were given the following budget information; M=4000, Px=800, and Py=100, Show in your..
The real rate of return or the real interest rate equals to ((total payment in today's dollar) - (value of initial investment in today's dollar))
Which of the following is NOT true about affirmative action programs in colleges and universities?
A12-cylinder heavy-duty diesel engine will have a guaranteed residual value of $ 1000 in 5 years. Today (year 0) the equivalent worth of this engine is how much if the interest rate is 9% per year?
If the government removes a tax on a good, then the price paid by buyers will
Which of the following chains of logic explain the functions of banks in the process of economic growth?
Explain the main differences between the three main nominal anchor choices: i) Exchange Rate Target; ii) Money supply target; and iii) Inflation target plus interest rate policy. Use equations to support your answer and do not forget to describe how ..
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