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Question: Use the information given here to answer the following questions:
Holding the price of manufacturing constant, suppose the increase in the price of agriculture is 10% and the increase in the wage is 5%.
a. Determine the impact of the increase in the price of agriculture on the rental on land and the rental on capital.
b. Explain what has happened to the real rental on land and the real rental on capital.
An office has traditionally ordered ink refill 60 units at atime. it is estimated that the carry cost is 40 of the $30 unitcost the annual demand is 240 units and ordering cost is 40 perorderinstead, if it used EOQ how much money can be saved in a ye..
The seven-year appointment for the governor of Bank of Canada a. Makes the governor the highest paid official in Ottawa. b. Is reserved for friends of the minister of finance. c. Is reserved for a novice. d. Has the role of insulating the governor..
Why is it important that prices are flexible in the economy? Do you think government should be involved in manipulating prices?
Analyze a well-designed risk management plan to determine how it can prevent risk and control residual risk. Identify what you believe to be the most important step in the risk management process and explain why.
The airline has an average of 40 passengers paying an average of $200 for this flight. Do you think the airline should be flying between the two cities? Evaluate from a short-run and long-run perspective.
A corporation enters into a five-year interest rate swap with a swap bank in which it agrees to pay the swap bank a fixed rate of 9.75 percent annually on a notional amount of €15,000,000 and receive LIBOR.
Assume that two firms merge. E.g., Firm 1 decides to buy Firm 2 and shut it down. Assume that the merger does not change marginal costs. Calculate Cournot-Nash equilibrium profits for each active firm in the new equilibrium
High Mark Industries sells solar water heaters to households interested in lower energy bills and sustainable energy.
Colin faiths that the number of job offers he will get depends on the number of courses. He concludes from observation that the following figures are typical.
Explain why a monopolist, such as Media Cable, faces a downward-sloping demand curve? Explain why the marginal revenue from an additional sale is less than the price of the service?
Question based on Laffer Curve : Tax Rate and Tax Revenue, Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?
With base year 2002, the CPI in 2011 and 2012 were 240 and 250, respectively. If a flat screen TV cost $1164 in 2011 and $1200 in 2012, was the flat screen TV more expensive in 2012?
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