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Is expanded international trade always desirable from the point of view of the development of poor nations? Who gains from trade, and how are the advantages distributed among nations?
What is meant by globalization, and how is it affecting the developing countries?
Also assume that the firm faces competitive input and product markets and that the two inputs are gross complements in production. Show graphically the long-run labor demand as the wage increases. What happens to long-run demand for capital? Be su..
Several years ago the Pettijohn Company sold a $1,000 par value, non callable bond that now has 15 years to maturity and a 7.00% annual coupon that is paid semiannually. The bond currently sells for $925, and the company's tax rate is 40%. What is..
A local bank advertised the following information: interest 6.89% - effective annual yield 7.128% . no mention was made of the interest period on the advertisement. Can you figure out the compounding scheme used by the bank
A former employee decides to sue QopyQat, alleging employment discrimination. Although management claims innocence, they agree to settle out of court. The settlement requires QopyQat to pay the employee $10,000 per month for the next year.
A clinic uses doctors and nurses optimally and is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a year, while the last nurse hired treated 1,000 extra patients in a y..
A group of venture investors is considering putting money into Lemma Books, which wants to produce a new reader for electronic books. The variable cost per unit is estimated at $250, the sales price would be set at twice the VC/unit, or $500
a. Calculate a trend line and forecast sales for 2008. How confident are you of this forecast . Use exponential smoothing with a smoothing factor w=0.7. What is your 2008 forecast How confident are you of this forecast1998 200 2003 302 1999 215 2004 ..
How does what we know about actual people and their limitations alter the importance of stability and gradual change?
Suppose that the current price of oil is $60 per barrel and the quantity sold is 90 million barrels per day. Assume that the supply and demand curves for oil are linear. The current estimates of the price elasticity of supply and demand in the U.S..
Use the GG-LL diagram to show how an increase in the size and frequency of unexpected shifts in a country's money demand function affects the level of economic integration with a currency area at which the country will wish to join.
See if the Cobb-Douglas production function fits the data given in the table and interpret the results. What general conclusion do you draw?
Based on market research, a film production company in Ectenia obtains the following information about the demand and production costs of its new DVD: Demand: P=1000-10Q Total Revenue: TR=1000Q-10QZ
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