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Does free trade equate to fair trade? Does free trade exist anywhere in the world? Respond to the questions and support your answers with examples.
According to the recent CNBC and the Wall Street Journal poll, 40% of the American public approves of the way the President of the United States is handling his job. Take a random sample of n = 10 Americans. And let X equal the number who gives ap..
A certain service can be performed satisfactorily by process R, which has a capital investment cost of $8,000, an estimated life of 10 years, no market value at the end of 10 year life, and annual net receipts (revenues-expenses) of $2,400 per yea..
Assume a company has the following production function: Q = 100 K.5 L1 . Currently, the company hires 1,000 workers and employs 100 units of capital.
Assume a worker (W) can produce output (X) for an employer by increasing his effort (E) according to the following equation: X = (1.5)E. Assume that the compensation paid by the employer (Y) increases the utility of the worker,
the construction of a dam will cost 1000 at time 0 500 in year 1 500 in year 2. it will be completed at the end of year
You have just borrowed $20,000 to buy a new car. This loan agreement calls for 60 monthly payments of $444.89 each to begin one month from today. If interest is compounded monthly, then what is the effective annual rate on this loan
at a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $1 to $2 is unit-elastic (Es = 1.0). So how many popsicles will be sold each da..
An analyst wants to use the Black-Scholes model to value call options on the stock of Ledbetter Inc. based on the following data: The price of the stock is $40. The strike price of the option is $40. The option matures in 3 months (t = 0.25).
Suppose that due to whatever reason, reserve demand changes and you forecast the reserve demand to now be Rd = 270 - 30 iff. In order to keep the federal funds rate at target, what must the open market desk do? Be specific and show this developmen..
Qd= 100-10P(buyers) Qs= 15P(sellers)Equilibrium Price and Quantity respectively are 4 and 60. Suppose an excise tax of $2.00 per unit is placed on the sale of this good.
without a market for pollution rights, dumping pollutants into the air or water is cost less; in the presence of the right to buy and sell pollution rights, dumping pollutants creates an opportunity cost for the polluter." What is the significance..
There are six companies in the industry. Assume their sales in the year 2006 are as follows, Determine the concentration ratio in the industry
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