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Consider the arbitrage. Suppose that the same PC is sold in Tokyo and Osaka. But the price of the PC in Tokyo is Y100,000 and the price in Osaka is Y80,000. This price difference started arbitrage. Answer which would the arbitrage increase in Osaka: Supply of PC or Demand of PC, and in Tokyo: Supply of PC or Demand of PC: Osaka: Tokyo: 3. Home price level is PH = 50cH. Foreign price level is 40cF. If the purchasing power parity holds, how much is the exchange rate?
Which of the following could keep a market from ending up in equilibrium?
Part 1: Do you have a Sunni or Shia background? How has the Sunni Shia difference been presented to you, in your family, in your broader religious community, an
If a firm sold $700 worth of goods which cost $1,000 to produce: A. national income would no longer equal GDP. B. the firm's loss needs to be subtracted from final sales so that income and output are still equal. C. the firm's loss would not be added..
Find out the equation for the firm's labor demand curve. Find the optimal level of labor for the firm to demand.
Firms often engage in corporate social responsibility. Discuss three reasons why a firm might elect to engage in such behavior. Under what conditions would corporate social responsibility generate increases in social welfare?
Under what conditions can we be sure that perfect competition leads to a more efficient use of resources tan monopoly? How prevalent are these conditions in the real world?
A internet company has a fixed cost of $1,750,000 per month and a variable cost of $25 per month per subscriber. The company charges $45.95 per month to its internet customers. The company currently has 75,000 subscribers and proposes to raise its mo..
Joe has the following utility function: ( , ) = 3vx+vy , where is his consumption of candy bars, with ???? = $1, and ?? is coffee, with ???? = $2.
Michael Tanner and Stephan Moore of the Cato Institute recently calculated the hourly wage equivalent of welfare for a single mother with two children for each of the 50 US States. There estimates ranged from $17.50 an hour in Hawaii to $5.33 in Miss..
In a diversified mutual fund an investor must take into account changes across a variety of stocks. A less diversified one might offer a higher degree.
If Firm B has a total fixed cost of $ 450,000 to produce cracker, a contribution margin percentage of 30%, and a required profit percentage of 10%.
A researcher has collected information from mailing 300 randomly selected individuals in the Lubbock community about their attitudes about undertaking cancer preventing activities including using sunscreen, reducing weight and tobacco usage. (a) What..
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