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In deciding to drive a car in the rush hour, you think about the cost of gas and the time of the trip.
(a) Do you slow down other people by driving?
(b) Is this an externality, given that you yourself are suffering from slow traffic?
Assuming that this 50 percent overtime-pay premium is newly required for all work beyond eight hours per day, draw a budget constraint that pictures a strategy of cutting hourly pay so that, at the original hours of work.
Southwest Airlines (SWA) is planning to expand its fleet of jets to replace some old planes and to expand its routes. It has received a proposal from Boeing to purchase some old planes and to expand its routes. It has received a proposal to purcha..
An automobile is priced at $ 7,000. A buyer may purchase the car for $ 6,500 now, or alternatively, the buyer can make a down payment of $ 1,000 now and pay the remaining $ 6,000 in eight equal quarterly payments ( over 2 years)
1. if a random variable x is distributed chi square with n degrees of freedom then the expected value of x is n. show
What is the approximate after-tax IRR on a two-year project for which the first cost is $12,000, savings are $5000 in the first year and $10,000 in the second year, and taxes are at 40%
Explain how to quantify the gains
Michelle and James each live alone in an isolated region. They each have the same resources available, and they grow potatoes and raise chickens. If Michelle devotes all her resources to growing potatoes, she can raise 200 pounds of potatoes per y..
The new lender will charge interest of 4.27 percent compounded quarterly. Petra wants to pay off the new loan with three payments. The first payment will be made in fourteen months. Determine the amounts Petra will pay under this arrangement.
How will you use student assessment to inform (make decisions) about your teaching?
Suppose that you are a product manager in charge of planning production of three products in various countries around the world. The table below contains information on the income elasticity of the three products.
Examine the U.S. passenger airline industry using the Five Forces
The cross-tabulation below classifies US states by median household income and by household Gini coefficient (a measure of income inequality). Use the cross-tabulation to answer the questions that follow.
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