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How can cities be viewed as examples of economies of scale
What is GDP; how is poverty measured in low income countries and how do you separate poverty and income inequality
The next two questions refer to the following problem. A risk-neutral worker can provide high effort (at personal cost $14) or low effort (at zero cost). A high effort worker contributes $X to the company’s revenues, a low effort worker contributes $..
Suppose XYZ Corporation's stock price rises or falls with equal probability by $35 each month, starting where it ended the previous month. What is the value of a three-month at-the-money European call option on XYZ’s stock if the stock is priced at $..
Explain the 4 ways the Federal Reserve would increase the money Supply and explain and graph how this would impact interest rates, consumption, investment, AD, GDP, Prices and Unemployment. Calculate and graph (both the money and goods graph) what wo..
Assume that a 10% increase in consumer income, ceteris paribus, caused a 4% decrease in the purchase of bus tickets. Based on this information:
A firm uses capital to produce revenue. The marginal revenue from the first 5 units of capital is as follows: 1st unit has MR 2.30, 2nd unit has MR 1.9, 3rd unit has MR 1.70, 4th unit has MR 1.35, and 5th unit has MR 1.15. If the interest rate is 50%..
What is the role of the federal reserve? When and why does the federal reserve increase and decrease interest rates?
Suppose the demand function for a product is Q= 200 -15P + 4I where P is the per unit price of the good, I is median household income in thousands of dollars, and Q is the number of units demanded per month. Use the equation and assume that median fa..
Evaluate each of the supply and demand scenarios below by answering the following questions: •How will each affect equilibrium price and equilibrium quantity in a competitive market? •Will price and quantity rise, fall, or be unchanged?
If the market price of suits is constant, illustrate what is the shutdown level of output. What is the minimum price the firm can accept.
If you were starting a new business, what kind of relationship would you want to have with your employees? How would you go about trying to achieve this?
You are the manager of a firm that receives revenues of $60,000 per year from product X and $100,000 per year from product Y. The own price elasticity of demand for product X is -2.75, and the cross-price elasticity of demand between product Y and X ..
Do you think that a manager's job is universal? In other words, is the concept of management the same in any organization (withstanding the obvious differences in responsibilities and duties)? If possible give examples that support your point from an..
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