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Citing relevant examples, discuss two projects undertaken under Build, Operate and Transfer(BOT) in any East African state
Compare the classical labor theory of value to the neoclassical utility theory of value. How do they differ both in assumptions and implications? Please cite volume and page numbers from Capital when appropriate.
Estimate the cost of capital of your firm's investment given a risk-free rate of 3% and a market risk-premium of 5%.
The FOMC is scheduled to meet on December 13-14 and it is anticipated that they will raise the federal funds rate. Explain what the federal funds rate is. Current inflation is less than the Fed's 2% goal. Does a lower interest rate help the Fed achie..
The zinc also copper monopolists every set a price, believing that the other monopolist will not change its price. Conclude the equilibrium price of brass.
When several people have to decide about a single yes/no issue*, the natural decision rule to use is the majority rule. it is possible that the majority's opinion will be accepted on all topics and the minority's opinion will not be accepted on any t..
To differentiate its product,a monopolistic competitive firm will engage in all of the following advertising practices EXCEPT
Suppose demand function for good 1 is X1=(2m)/(P1+2P2). Calculating relevant elasticities answer the following questions. Show your calculation. Is this good ordinary or Giffen? Is this good normal or inferior?
Given a daily traffic rate of 6000 cars, a toll of $26.00 per car, and a price elasticity of -1.4. What would be the effect of a 50% decrease in price on the traffic rate and daily revenue?
How many possible profit outcomes exist? Draw a decision tree listing these profit outcomes at the branch tips. Compute the firm's expected profit
Which was more importatnt in the coming of the American Revolution: the development of a set of intellectual assumptions in the American colonies regarding liberty, equality, popular sovereignty, etc., or changes in British imperial policy toward the..
Illustrate diagrammatically the set of allocations that are Pareto preferred to the initial allocation.
What would happen if there were decreases in both supply and demand for some good such as a new tractor?
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