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Heuristic Models of Risky Decision Making
Which of the following will affect natural resources pricing?
compare and contrast the different ways in which China and Japan responded to the sudden encroachment of the Western powers in the late 19th and early 20th centuries. What was the result for each country of their encounters with the Great Powers of W..
Two firms are playing an infinitely repeated Bertrand game, each with the same marginal cost 20. The market demand function is given by P=150-Q. The firm who charges the lower price wins the whole market. Describe the trigger strategy that can be use..
Consider the following Heckscher-Ohlin model. There are two countries, Home and Foreign. They produce merchandise and service using skilled labor.
In the US economy we have two sectors, private and public sectors. In recession time, how can public sector help the private sector? Provide an example in the recent years. In non recession time, how can private sector help the public sector?
The subject of the last section of material, and the class generally, has been about creating a profitable and economically savvy business strategy, creating a competitive advantage, and maintaining that competitive advantage over time. What is the n..
What are the effects of capital formation by comparing the ppf,at the present time and ten years in the future,for two economies,one with a high and the other with alow rateof capital formation.
A machine was purchased for $100,000. Estimated salvage is $27,000 in 7 years. 3 year MACRS depreciation is being used. (33.33, 44.45, 14.81, 7.41). The machine will be kept for 7 years and then sold for $40,000. Calculate the annual equivalent depre..
A friend wants your advice. His aunt recently left him $100,000 that he must invest in one or both of two different corporations. The current price per share of each is $100. If your friend buys 1000 shares of the first corporation, what will be the ..
Suppose the government sets an effective price floor (that is, a price above equilibrium) in the market for oranges and agrees to buy all oranges that go unsold at that price. The oranges purchased by the government are discarded.
A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season.
The demand curve for rutabagas is a straight line with slope 23 and the supply curve is a straight line with slope 2. Suppose that a new tax of $3 per sack of rutabagas is introduced.
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