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HTC makes two types of handheld devices: smartphones and tablet pcs. These devices are designed to run only one operating system either google's android or microsoft operating system. the company want to limit production to a maximum of 250 thousand android based devices and 350 thousand microsoft based devices. additional info is given below. the objective is to determine the optimal quantities to produce for each type in order to maximize profit. Formulate mathematical problem. Do not solve.
A treasurer of a corporation is trying to choose between options and forward contracts to hedge the corporation’s foreign exchange risk. Discuss what options you would take if you were the treasurer. Discuss the advantages and disadvantages of each a..
You must provide clearly labelled supply and demand diagrams. You must also provide well-written economics arguments supporting your diagrams.
Consider an industry in which all firms have identical technology given by a production function: q = min K α , L 1 − α 1/2 , where q is the level of output, α is some constant between 0 and 1, and K and L are two inputs. Describe the long-run equili..
Why do you suppose that some publishers are selling space for advertisements in their e-books-and sometimes even in physical books? From an economic standpoint, how could we explain the willingness of someone to pay $19.99 for a physical book that is..
When quantity supplied increases at every possible price, we know that the supply curve has
The impact on this monetary aggregate of extensive monetary aggregate of extensive financial innovation - the changes in the kinds of deposits and services offered by banks- led the central bank to drop M1 as an intermediate target. What impact would..
Assume that the Keynesian short-run aggregate supply curve is applicable. Elucidate the two factors that can cause the nation's real GDP to increase in the long run.
Consider a model with two countries called France and Germany. France has one automaker, called Citroen. Germany has a competitor company, called Volkswagen. Citroen can produce cars at a constant marginal cost of $1,000 each. Suppose initially that..
Illustrate what is the practical significance of income elasticity coefficients. Explain the significance using as examples an income elasticity.
Explain which of the following is a positive or a normative statement.
What is the History of Africa and what is the most population of it?
How are products to be produced? Who is to decide what and how much to produce? Who is to receive the output of the system? The term "consumer sovereignty" means that: "How is the product to be distributed among people when commodities and services a..
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