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A worker earning an hourly wage of $8.50 decides to cut back to part-time to attend Houston Community College.- what is the opportunity cost?
How would market forces affect the amount of time the proven oil reserves will last, assuming no new oil reserves are found and that the demand curve remains unchanged?
Consider a monopoly who can do advertisement to inform and attract new customers (hence expands its potential demand). Let a denote the monopoly's expenditure on advertising. The market demand for the monopoly's product when it charges price p and..
Suppose that the manager of a firm, that uses coal energy, decides to install new equipment that will reduce air pollution like acid rain. Explain how this decision will affect the value of the firm.
Suppose that a firm is a perfectly competitive industry has the following total cost schedule: Compute a marginal cost and average cost schedule for this firm.
A group of college students were given a short course in speed-reading. The instructor was curious if a monetary incentive would influence performance on a reading test taken at the end of the course. Half the students were offered $5 for obtainin..
What does gross domestic product (GDP) tell us? How did GDP change from 2008? What caused these changes? What is real GDP? What was real GDP in 2008 and has it changed since 2008?
Discuss how the Foundations of Capitalism and the Planks of the Communist Manifesto are similar. Discuss how they differ. Discuss three ways in which your current life is different because of the economic system you have lived under
The risk free rate on a 30 year US Treasury Bond is 2.625% and the expected rate of return on the overall stock market is 7%. The BOW lake company has a beta of 1.4. What is the cost of equity?
Construct a graph showing supply and demand in the electronic dog feeder market and how are the laws of supply and demand illustrated in this graph?
suppose we have a data set with only two observations y1 and y2. the general formula for the sample average is sample
According to the life-cycle hypothesis, determine the typical pattern of saving for an individual over his or her lifetime?
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