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Question: Revenue. On the basis of past experience a company has determined that its sales revenue (in dollars) is related to its advertising according to the formula s = 20x + y2 + 4xy, where x is the amount spent on radio advertising and y is the amount spent on television advertising. If the company plans to spend $30,000 on these two means of advertising, how much should it spend on each method to maximize its sales revenue?
The average 15-year old purchases 12 CDs and 15 cheese pizzas in the typical year. If cheese pizzas are inferior goods, would the average 15-year old be indifferent between receiving the $30 gift certificate at local music store and $30 in cash?
Consider the market for widgets and cogs (again). You study survey data and observe that if widgets cost $5, then 100 widgets are demanded and 60 cogs.
Ignore the cost of gasoline and depreciation of her car when traveling - the opportunity cost of Juanita's time and the total cost of shopping at each location.
Think about the factors that affect exchange rates, and make a case that our currency should or should not be the strongest. In your opinion, what are the advantages to having a strong currency versus a weak currency?
A health services firm is thinking about purchasing a large autoclave for $180,000. The autoclave is expected to generate $60,000.
Analysis of these data releases appears in the first section of the following weekday's Wall Street Journal. Look in the Economy section to find the story.What do the latest available data tell you about the current rate of inflation and the curre..
questionconsider a firm which produces a good y using two inputs or factors of production x1 and x2.thefirms production
Explain the economics underlying commercial mortgage securitization. Specifically, explain the concept of tranching and how it can stratify and concentrate.
Calculate the marginal rate of substitution between goods X and Y for Consumer A at the current allocation. Calculate the marginal rate of substitution between goods X and Y for Consumer B at the current allocation
Explore the resources for risk mitigation and provide the risk, response, and risk mitigation steps that should be taken if an entity suffers the same type of attack (JP Morgan Data Breech).
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What can shift the vertical (long-run) aggregate supply to the right? What can shift the vertical (long-run) aggregate supply to the left?
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