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Questions
1. Explain ANY THREE determinants of business performance.
2. Explain ANY THREE methods that can be used to collect information on consumer behavior.
3. Explain ANY THREE ways in which businesses deal with uncertainty.
4. Explain ANY TWO dimensions of the business environment.
5. What is the difference between the short run and long run for a typical firm?
Compaing the United States today with the United States 200 years ago, what has happened to our production of market goods and services? What has happened to our production of goods and services outside the market, such as the provision of care withi..
First United Bank's card charges 5% compounded semiannually (twice a year). Given these APR's, what are the effective annual rates charged by these two credit c
(i) Fit the data to the Cobb-Douglas production function: ?? = ??0????1????2???? (Hint. Transform the data and have a double-log equation). (ii) Test the hypothesis for labour and Capital? Are these factors significantly influencing quantity of ..
You have a choice between spending $195 on a new biology textbook or purchasing a new 3G smart phone. The opportunity cost of purchasing the textbook is the phone.
Suppose a new deposit to the US banking system of $1000. Assume that all commercial banks have a target reserve ratio of 10 percent and there is no cash drain.
Write an essay on the statement "Is Social Infrastructure Significant for Economic Growth in Sub-Saharan Africa? This dissertation has had a focus on the relationship and links between social infrastructure and economic growth in the context of Su..
Econ 302 - How much money would the consumer need in order to have the same utility level after the price change as before the price change
Explain how it affected the components of GDP and why. What happened to other macroeconomic variables? E.g. interest rates, Australian dollar (exchange rates).
Evaluate the benefits, costs, and risks associated with doing business in each nation. Which country seems to be the most attractive target for foreign direct
Explain how if at all would your answer change if you know that ABC's technology had decreasing returns to scale. Explain.
What is the measurement of current level of prices relative to the level of prices in the base year?
Say Tom buys a new house for $300,000 and takes a mortgage loan equal to the full amount at 7 percent interest rate. We will assume that the home's value will increase at the rate of inflation. If the expected rate of inflation is 4% the home is expe..
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