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War is the generator of debt burden for countries. How does war generate debt for a country?
PoolVac, Inc. manufactures and sells a single product called the “Sting Ray,” which is a patent-protected automatic cleaning device for swimming pools. PoolVac’s Sting Ray faces its closest competitor, Howard Industries, also selling a competing pool..
How much could the store charge for an yearly membership in order to extract the entire consumer surplus via an optimal two-part pricing strategy.
suppose the social welfare benefit received by a typical family in country c was 5000 in these 3 years. Compute the real values of the social welfare benefit received by a typical family in these 3 years using constant (2006) price.
Consider a firm with the production function, q = (K^(0.5) + L^(0.5))^2. In the short-run, the level of capital is fixed. Determine the equations for MPL and APL. Solve for the short-run cost function (i.e. total costs as a function of output) Using ..
The market demand functions for corn is Qd = 15 – 2P, and the supply function of corn is Qs = 5P – 2.5. Suppose the government gives corn farmers a $0.70 subsidy per bushel of corn. What will be the effects on aggregate surplus, consumer surplus, and..
Despite its political popularity, the overwhelming majority of economists are not in favor of a Constitutional amendment that requires the federal government’s budget to be balanced every year. Utilizing the concepts from this weeks' readings, explai..
The University of Cincinnati Center for Business Analytics is an outreach center that collaborates with industry partners on applied research and continuing education in business analytics. No refund would be given for members who do not attend, but ..
The Japanese government reduced interest rates. How did they created negative interest rates? Why and for what purpose? What did the Japanese government to do fiscal and monetary policy to increase Japanese business activity? Is the policy working, o..
A company will borrow $50,000 for new equipment and will repay the loan in 5 years. What is the best option and how much difference will it make in the final payoff amount?
Explain if the increase in demand results from a large purchase b the Chinese of a new American-made airplane or a large purchase by Americans of new lower priced Chinese-made high definition Televisions.
A municipal highway department needs to repave a section of roadway. Concrete would cost $500,000, and lasts for 20 years. Asphalt can also be used, but it only lasts for 15 years, and requires resealing after 8 years at a cost of $50,000. At what co..
explain the difference among moving along a curve and shifting the curve. Assume a market is in equilibrium and the demand curve shift to the right, describe the market adjustment process in restoring equilibrium.
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