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Amelia buys coffee for $1 per cup and tea for 50¢ per cup; every day she drinks 1 cup of coffee and 2 cups of tea. Bernard buys coffee for 50¢ per cup and tea for $1 per cup; every day he drinks 2 cups of coffee and 1 cup of tea. Can you determine whether Amelia and Bernard have identical tastes?
Ethnocentrism is generally defined as viewing one's own culture as superior to all others. However, quite often, it is not quite that obvious. Whenever we encounter something that seems strange or different, we will feel some degree of discomfort. Ho..
Illustrate what happens to output and the optimal scale of a firm, and price if there is a free entry into the market.
Identification of the firm involved and identification of the appropriate market structure in which the firm is or will do business.
A market has a demand curve described by P=30-Q, a supply curve described by P=16+Q, and a price ceiling of 20. Calculate the Total Surplus of the market with the price ceiling
Discuss how an organization benefits from operational planning, and how operational planning and budget planning are related. Explain how system thinking improves operation decision making.
What sort of relationship would you expect to see between the price of bonds and the interest rate?
q1. the happy crystal bank of kowloon lends money to risky businesses. the risk premium it charges on its loans is
An energy company orders metric tons of liquid natural gas that is used at the rate of 1,000,000 metric tons per year. Delivery lead time has averaged 8 days. What is the economic order quantity (in metric tons)? What is the total holding cost for th..
What is the maximum it would be reasonable for the owner of a building to pay for a new sprinkler system if it would save $785 per year in insurance premiums. The owner's cost of money is 7.00%/yr. Assume the system would have a life of 20 yrs and a ..
You produce goods in a competitive market. You discover that the marginal cost of the last good you produced is the same as the market price for the good. You should:
A stock is expected to pay a dividend of $2.50 per share indefinitely. The stock is expected to generate a return of 8 percent in the foreseeable future. Based on this information, Compute a fair price of this stock.
This year your income from only two years investment was $25,000 and you have to wait for one more year to earn $45,000 and another two years for taking $90,000. If the interest rate was fixed at 13.i ii % per year compounded continuously, how much d..
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