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Discuss the 'Policy Space' available to small nations with significant (in terms of GPD) foreign sectors. (Use Formal Model)
Your firm's research department has estimated your total revenues to be R(Q)=3,000-8Q^2 and your total costs to be C(Q)=100+2Q^2. What is the maximum level of net benefits?
Brad will graduate next year. When he begins working, he plans to deposit $3,500 at the end of each year into a retirement account that pays 5% interest. How much will be in his account after 40 deposits?
A local restaurant initially estimated a large demand for dining in a space near a floor-to-ceiling fish tank. The cost of the tank is $8 million. (Assume that such a tank has no resale value.) The owner moved ahead with the project and the tank is t..
Consider the following distribution of income in a 12 person economy, with the modern urban wage=3, the traditional rural income=1 and the informal urban wage = 2: (1,2,3,1,2,3,1,2,31,2,1). the poverty line is at 1.3. What is the level of absolute po..
The data in the table above give two points on the demand curve for pizza. Using the midpoint method when the price of a pizza falls from $10 to $9, what is the price elasticity of demand?
Brian is training for a triathlon, a timed race that combines swimming, biking, and running. Which basic principle of individual choice does Brian's plan illustrate that his wife's advice does not?
A state government has the option of damming a major river to generate energy and divert water to local agriculture. The cost of constructing the dam and associated infrastructure is 100 million. What is the present value of the returns to building t..
Explain elaborately the principle of long run equilibrium under perfect competition.
Fill in the following table to show the impact of the change in investment spending on the first two rounds of consumption spending and, eventually
A developing nation faces inflation rates of 2% one year, 5% in the second year, and 12.5% in the third year. Find the geometric mean of the inflation rates.
Would the following events usually lead to capital deepening, or not? Explain briefly.
Innovation activities influence strategic planning and sales forecasting. Is there a single best generalized innovation strategy that will optimize strategic planning and sales forecasting? If yes, explain the strategy. If no, explain why not
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