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What examples of globalization can you identify within Chicago? How would you classify each of these examples (as international investment, international trade, other?)
Suppose you live in neighborhood of 30 houses with a mean value of $50,000 (PE = $50,000 QE = 30). Your neighbor has just put new landscaping in and re-sided his home. What type of externality is occurring here? Using a graph, show how the free marke..
The White House sees a recession on the horizon, but Congress is preoccupied with other issues and is slow to act.
Suppose you enjoy watching television on PBS, a broadcast station which you can receive on your TV with your antenna. In fact, your willingness-to-pay for a year’s worth of programming on PBS is $80. PBS is currently in a fundraising campaign to get ..
Demand: P= 50-QD and Supply: P= 25-QS Assume that the government levied a 25% tax on the suppliers of mangoes. Illustrate graphically the different economics effects of the tax.CALCULATE AND COMPUTE THE DEADWEIGHT LOSS AND TAX BURDEN.
Bridge & Co. has to make a loan payment of $3937 at the end of each year for 24 years. In present day dollars, how much will Bridge & Co. pay in total for the loan? Assume an interest rate of 2% compounded annually.
as government subsidizes investment likely with an investment tax credit the subsidy often applies to only various
Define Internal Rate of Return (IRR). What is the assumed Net Present Value in calculating IRR? Why is it not appropriate to compare today’s outflow of cash (cost of the project) directly to future cash inflows? If the Weighted Cost of Capital (WACC)..
An Industrial Technology department just purchased new SPSS and Minitab software for $3000 now and annual payments of $500 per year for 6 years starting 3 years from now for annual upgrades. What is the present worth of the payments if the interest r..
He could earn 4.5% on his money in other investments with equal risk. What is the most he should pay for the annuity?
Truckco manufactures two types of trucks; the T1 and the T2. Each truck must go through the painting shop and the assembly shop. If the painting shop were completely devoted to the T1, 800 trucks could be painted in a day. Use solver table or paramet..
Derive the indirect cost and the indirect profit function associated with the two factor Cobb-Douglas Production function. Explain the role of Lemmas in your derivation and why are they needed in modeling work.
. What do you think of Coca-Cola's environmental initiatives? Are they just window dressing , or does the company seem to be sincere in its efforts?
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