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A. Investment
1. The following relates to the choices, firms can make regarding the allocation of profits.
(a) Outline the broad choice available to firms when deciding to allocate profits.
(b) Do increases in profits increase a firm's domestic investment? What will determine the decision?
Asuming that the cost of data in the table below is for a purely competitive producer.
Which of these can be a people turnoff for customers?
He will make no provision for a retirement income after age 76. What is the youngest age at which Don can retire?
A firm operating in perfect competition receives $45 for each unit sold. The form has a variable cost of $25 per item and a fixed cost of $1600. What is the profit for the firm if it sells?
Recently, when the cost of oil was ~$100/barrel the US made a significant investment in the form of tax breaks and subsidies to producers of ethanol to assist in the development of production of ethanol from biomass, including corn. Discuss the susta..
An increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
You learn that the market price of illegal drugs is falling. Which hypothesis is consistent with this information on drug prices.
Assume quantity theory of money holds with constant K and Kf. Suppose Mexico wants to stabilize the exchange rate of its currency with US dollar (dollars/peso). (1) If US is running a 5% inflation rate solely due to the increase of money supply, what..
In jury selection, one cannot exclude potential jurors on the basis of race or other discriminatory criteria. One question is if this prohibition against discrimination should extend to potential jurors that have physical or mental disabilities. How ..
An indifference curve involving two goods identifies the:
Summer Island in Great Lake is located about a half-mile off shore from Bay City. Currently, people live on the Island only during the six-month period from May through October when the lake is free of ice. Currently, the nearest cross-country skiing..
Assuming a 25% reserve ratio, that all banks lend all excess reserves, and that all loans are redeposited into the banking system
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