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1. How would a more controlled access to credit through companies and individuals have reduced the over leveraging of businesses and individuals and decreased the likelihood of the recent economic downturn?
2. Is the long term survival of the US economy at risk because of the US government's level of debt and the amount of that debt held by foreign entities such as China? Why or why not?
The company currently uses seventy workers to produce 300 units of output per day. The daily wage is $100, and the price of the company's output is $30.
Carry out an analysis from the standpoint of both EMV and expected utility to establish Jeremiah’s best course of action, including a consideration of his bidding strategy with regard to the auction.
Beta Industries produces floppy disks that customers perceive as identical to those produced by numerous other manufacturers.
Assume the market price of sugar is twenty-two cents per pound. If a sugar farmer produces 100,000 pounds, the marginal cost of sugar is 30 cents per pound.
A company under monopolistic competition faces the demand curve: P = 500 - 12.5Q. The company's marginal cost is MC = 200 + 5Q.
Matt Reiss have the Fredonia Barber Shop. He employs 5-barbers and pays each a base rate of $1,000 every month. One of the barbers serves as manager and receives an extra $500 every month.
Calculate a total cost function of transport services as a function of volume of production. How you can derive now the average cost and marginal cost of production?
Pratt or Julian Barbeque is a small restaruant in Columbia, Missouri. They employ 4-part time employees earning $48 per day.
A twenty year expansion project has a depreciable capital outlay of $50 million. It also has additional net working capital needs of $5 million.
Make some research on a topic known to economists as 'friction-free' or 'low-friction' economy. Early writers on this topic foresaw many of the seismic shifts that have occurred in the market place over last one to 2-decades.
List three characteristics of an economists, a scientist and thee characteristics of an economist as a policy adviser.
The Zinger Corporation manufactures and sells a line of sewing machines. Demand per period (Q) for a particular model is given through the following relationship:
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