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Consider an investment of $5000 in an oil-drilling venture that is believed either to provide a return of $55000 or to result in a loss of the original investment. If the probability of success of the oil-drilling venture is. find the expected profit for investing in the venture.
Use the Heckscher-Ohlin factor proportions framework with 2-factors, skilled and unskilled labor, to estimate the following arguments.
Explain how would you use these cost also revenue estimates to determine whether a sales force increase (or possibly a decrease) is warranted.
Which nation has a comparative advantage in clothing and by what amount.
A rise increase in elasticity of demand will also rise monopoly power.
Illustrate what is the amount of the producer surplus for Juan Carlos combined.
Elucidate what is the impact of a trade surplus. What is the impact of a trade deficit? How do trade deficits and trade surpluses affect the firm you work for.
Movie theaters generally charge the same ticket price for all movies with evening show times, regardless of popularity. This pricing strategy causes surpluses for unpopular films & shortages for popular films.
Explain how do high inflation rates affect the exchange rate of a country in the short and the long run.
Field discusses the key threats to sustainable management of forests and agricultural resources. First summarize these threats. Then,
Illustrate what are some polices the U.S. government could take to increase U.S. economic growth.
Discuss why the number of children that a family has may differ between an Industrial Society and a Third World Agrarian Society.
Illustrate what economic forces and mechanisms work to maintain trade equilibrium. How does the balance of trade impact business decisions.
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