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Question: Suppose the dollar is overvalued by 20% and the Secretary of the Treasury announces that he hopes it will soon return to equilibrium. How would this announcement affect your sales if you were in the following businesses?
(A) Motor vehicles.
(B) Steel.
(C) Fabricated metal products (such as heating and plumbing fixtures) for housing.
(D) Organic chemicals.
(E) Aerospace.
(F) Textiles and apparel.
(G) Fertilizer.
now assume that the cigarette industry is perfectly competitive and that cigarettes are identical. we also assume that
If the firm has $20,000 on hand, with only these two project to choose from, will they invest in A, B, neither or both? Show the calculations that lead to your conclusions. Explain whether you answers would be different for either project if the f..
question 1.you are at the tail end of your career working as a high priced consultant for a firm that you are partner
Using a prisoner's dilemma game such as the "wedding game." explain how a positional arms race can occur. In your answer be sure to explain positional arms races, the nature of the wedding game, etc.
The state lottery sells 10 million tickets, one of which is a winner. The winning ticket pays the holder $5 million; all other lottery tickets are losers and pay $0. The price of each ticket is $1. Analyze the decision whether to buy a lottery ticket..
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An insurance marker consists of high-risk patients, who average $40,000 in spending per year, and low-risk patients, who average $1,000 per year. Overall, low-risk patients represent 90 percent of the population. What would average spending be for a ..
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A price discriminating monopoly charges
Politicians have incentive to support special-interest groups at the expense of unorganized, widely dispersed groups (for example, taxpayers or consumers)
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