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How is interest rate defined? Why is there a lower present value of goods to be delivered in the future? If in New York, state bonds paying $1,000.00 at maturity (one year hence) are selling for $650.00, and in New Jersey sell for $800.00, what are their respective interest rates? Describe the adjustments that you think will ensue.
Perfect competition guarantees allocative efficiency. A profit-maximizing monopolist can never be allocatively efficient.
Finding the short run and long run profit maximizing price - quantity and number of firms in industry.
In a perfect capital market, advices for a corporate financial manager on making capital structure decisions.
In article on the steel industry, The Wall Street Journal noted that as steel prices were falling, steelmakers were not cutting production
The supply curve for labor is S L = 100W, where W is the market wage. The marginal revenue product curve for the firm is D L = -50W + 450.
Discuss the advantages and/or disadvantages of distributing marketable pesticide permits to each farm operating in the watershed equal to 40% of its current level of use of that pesticide, versus simply ordering each farm to reduce pesticide use t..
Assume that the soft coal industry is a competitive industry and it is in long run equilibrium. Now assume that the firms in the industry form a cartel.
Find out the average total cost and average variable cost as a function of the level of output. Assuming the firm has the same cost curves in the long-run for q>0 and C (0) =0, how much will it produce in the long-run?
Human service interactions in terms of macro systems-communities and organizations. Empowerment is basically a process to assist people groups, families and communities, individuals, to use their strengths to overcome their challenges.
Discuss the relationship between each of the following variables based on the experience of U.S. economy over the past 30 years.
Compute total revenue, marginal revenue, marginal cost, and average total cost of this natural monopoly. What is the profit maximizing output and price for this natural monopoly when the government does not regulate it?
Explain the influence that transferable property rights versus non-transferable property rights, has on individual decision making.
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