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Kidney's [transplant] are not allocated by markets. Discuss the pros and cons of switching to a market for kidneys [Note: Currently, people can volunteer to donate one of their two kidneys, and getting a kidney is dependent upon your requirements and prognosis [and sometimes having a relative who is a "match" donate theirs.]
You're advising a friend who has a decision to make regarding Social Security. He is about turn 62 years old, and is eligible for early Social Security benefits. His early benefits would amount to $677 each month.
What is the machine's payback period? Compute net present value of machine if the cost of capital is 12%. Find out the expected internal rate of return for this machine?
What is the profit-maximizing price of carpets? What is the maximum amount of profit that the firm can earn selling carpets?
Prepare a 700-1,400-word paper explaining a company that has made the strategic decision based upon productivity, wages and benefits, and other fixed and variable costs. Examine the decision and its expected outcomes.
Suppose that the economy is already in recession, and both President and Congress have declared to do something to restore the economy.
Question about micro economics- Sam Smith owns an internet radio company that has subscribers in Houston and Dallas
Assume the economy starts at equilibrium and the mpc=.8. What would be the effect of the $500 increase in taxes (once all the rounds of the mulyiplier process are complete) in relation to equilibrium output?
Electrical power costs at a mine are estimated to be $850,000 in each of the next 12 years. Find out the present value of this expenditure at an interest rate of 11%.
Firm Z, operating in a perfectly competitive market, can sell as much or as little as it wants of a good at a price of $16 per unit. Its cost function is C=50+4Q+2Q^2. The associated marginal cost is MC=4+4Q, and the point of minimum average cost ..
What are "normal" goods? Give an example in our current economy and what are "inferior" goods? Give an example in our current economy.
Firms like Papa John's, Domino's, and Pizza Hut sell pizza and other products which are differentiated in nature. While numerous pizza chains exist in most locations, the differentiated nature of such firms products permits them to charge prices a..
Explain how GDP would return to equilibrium if it was above or below equilibrium GDP. Whenever there is change in spending, there will be a change in real GDP. Explain why this is so.
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