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Digital fingerprinting technology is crucial. How would digital fingerprints be captured with mobile technology? What design considerations would you have to think about when designing the mobile application? What security measures would you have to take for this digital fingerprinting application?
The demand and supply equations for the pear market are: Demand: P = 12 - 0.01Q Supply: P = 0.02Q where P= price per bushel, and Q=quantity. Calculate the equilibrium price and quantity. What is the size of this shortage or surplus? Provide a numeric..
Consider a group of 10 friends who are considering going on a road trip (is that still a thing you kids do these days, or do you just sit around and look computers?). In determining whether or not to go, each friend considers both how much they would..
Specify whether you agree or disagree with the statement as it appears on the topic survey.
What happens to market price and quantity if demand rises but supply falls? Draw them with labels. Qd rises from 40 to 60 if P falls from 12 to 8. PED? Show the formula first and then all calculations. Qs falls from 24 to 16 if P falls from 18 to 12...
Which of the following would tend to increase AD?
Quincy lives on ding dongs and seafood salads. The price of ding dongs is 1 dollar per bag and the price of seafood salads is 4 dollars each. Quincy allows himself to spend no more than 23 dollars a day on food. He also restricts his consumption to 3..
On Jan. 1, 1965, you purchased a small house in Alameda, California for $20,000. On Jan. 1, 2015, you sold the house for $900,000. What is the effective annual rate of return (compounded annually) on this investment?
Your current car has a trade-in value of $12,600. A new car can be financed at a nominal interest rate of 4% compounded monthly. How much will your monthly payments be?
When your first child is born, you begin to save for college by depositing $225 per month in an account paying 12% interest per year. You increase the amount you save by 2% per year. With continuous investment and compounding, how much will have accu..
What is the four-firm concentration ratio (CR4)? What is the Herfindahl-Hirschman Index (HHI)? How do these two measurements differ? How are they similar? Calculate the CR4 and the HHI for the following two situations:
Consider a city where a new automobile factory is scheduled to open. The factory will employ 1,000 people, and the city's employment multiplier for the automobile industry is 2.5. The city's elasticity of labor supply is 1.8, and its elasticity of la..
Explain at the current price, eight units are demanded each period. If the objective is to increase total revenue, should the price be increased or decreased.
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