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What other items do you use to supplement your anti-virus program? What's the difference between antivirus and anti-malware?
Do multinational corporations (that operate in several countries) distort the "trade surplus/trade deficit" figures for the U.S. given that a portion of trade is intra-firm in nature? Explain why or why not.
Suppose a firm sells a good in 2 markets, each market is characterized by their own respective demand curve. Calculate the profit maximizing outputs and prices in each market assuming the firm can price discriminate. Calculate the own price elasticit..
You are a division manager of Toyota. If your marketing department estimates the demand for the Highlander is Q = 150,000 - 15P, what price should your charge in order to maximize revenue from sales of the Highlander?
Suppose independent truckers operate in a perfectly competitive industry. If these firms are earning positive economic profits, what happens in the long run to the following: The price of trucking services, The industry quantity of output, and The pr..
q1. in which of the following cases should the united states produce more noodles than it wants for its own use and
Show using appropriate graphs the optimal pricing of public transportation. In particular, show what the optimal pricing would be under a) no traffic congestion b) some traffic congestion
The industries or sectors of the economy in which business cycle fluctuations tend to affect output the most are:
Based on your understanding of the gains from trade, do you think which these payoffs actually reflect a nation's welfare under the four possible outcomes.
Sam borrowed $10,000 with a promise to repay the loan in 6 years with a uniform monthly payment and a single payment of $1,000 at the end of six years at a nominal interest rate of 12% per year. What is the amount of each payment? What is the amount ..
The economy has recently turned around, and one of your colleagues suggests that you could hire 25 people for $50,000 per employee to do the sales job as independent agents at a cost of goods sold (COGS) of only 0.5%. What concerns might you have abo..
Explain, define and demonstrate the income and substitution effects of a fall in the price. Illustrate in a figure. explain, define and demonstrate the compensated and uncompensated demand curves. Illustrate in a figure
An advertising campaign will cost $ 200 000 for planning and $ 40 000 in each of the next six years. It is expected to increase revenues permanently by $ 40 000 per year. Additional revenues will be gained in the pattern of an arithmetic gradient wit..
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