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Question:
Demand for a new product is described by: Q= 800 - 5P (Q= Demand, P=Price). The unit cost of the product is $30. What should be the optimal selling price to maximize the profit of this product?
The economies of two countries, Thrifty and Profligate, have the same production functions and depreciation rates. There is no population growth or technological progress in either country. The economies of each country can be described by the Sol..
as the lead software engineer for a medium-sized hospital you have been asked to spearhead an effort to improve the
What is the difference between delegate representation and trustee representation? How did the difference lead to American Revolution?
Suppose you have estimated the supply curve for the local labor market as: Qs=W-5, where W is the hourly wage and Qs is the quantity of workers willing to work at each wage.
Consider the CAPM. Write the ß of asset in terms of variances and covariances. Write the ß of a portfolio in terms of the ß's of the individual
What are reliable predictors of economic and financial crises? Describe some achievements and pending issues in context of a global crisis.
If you were managing a monopoly, and small entrant tried to enter your market, explain why it might make sense to cut prices so low that you would suffer losses for a time.
assume the market demand is given by q 300-2p and mcac30. compute the price quantity consumer surplus profits and dwl
consider a competitive market served by many domestic and foreign firms. the domestic demand for these firms product is
Did you and your teammates make the best decisions in the situations you discussed? What other options did you have in these situations. Were these decisions ethical as well as legal?
Draw the event tree of economy. For both nodes at t=1, compute the netindex return between periods 0 and 1. What is the expected return of the indexbetween t = 0 and t = 1?
1) Every society faces economic tradeoffs. This means a. producing more of one good means less of another good can be produced b. not everyone can have enough goods and services to survive.
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