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In discussion of business and society. Why is there a tendency to focus on large firms rather than small or medium-sized firms? Have the corporate ethics scandal of the past decade affected small- and medium-sized firm? If so, in what ways have these firms been affected?
1 ten years ago a machine cost 800000. now the same machine costs 1200000. calculate the average rate of inflation per
If your nominal income rose by 5.3 percent and the price level rose by 3.8 percent in some year, by what percentage would your real income (approximately) increase? If your nominal income rose by 2.8 percent
Imagine that the current price of waste disposal is $0.025/lb and the average waste disposal is 2.40 lb/p/d. When the price was previously $0.01/lb, the average waste disposal was 2.52 lb/p/d. Assume that the marginal social cost of waste disposal..
Imagine that Gillette has a monopoly in the market for razor blades in Mexico. The market demand curve for blades in Mexico is P = 968-20Q, where P is the price of blades in cents and Q is annual demand for blades expressed in millions.
(a.) Is demand elastic or inelastic in the $6-$8 price range How do you know (b.) If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 1700 units to 2300 units
Will the total revenue on any day be normally distributed?
Suppose the quantity of good X demanded by individual 1 is given by X1 = 10 2PX + 0:01I1 + 0:4PY and the quantity of X demanded by individual 2 is X2 = 5 PX + 0:02I2 + 0:2PY a) What is the market demand function for total X (= X1+X2) as a function o..
Some details of a contract negotiated during the year with the labor union are different from the outline of the contract included in the minutes of the board of directors.
Determine the present worth of 5 annual deposits of $1,200 at the end of years 1 through 5, followed by 4 equal annual withdrawals of $700nat the end of years 4 through 7. Note that both years 4 and 7 will have a depsoit and a withdrawal.
Assume that Maria Moneybags keeps $1000 in cash in her sock drawer. Over the first year, the inflation rate is 10%. What is the real inflation tax paid by Maria for this year. What is the real inflation tax paid by Maria for the second year
the demand for kitty litter in pounds is nbspnbspqd100-pd-pc2m where pd is the price of kitty litter pc is the price of
china ia a major producer of grains, like wheat, corn, and rice. In 2008 the chinese gov. concerned that grain exports were driving up food costs for domestic consumers, imposed a tax on grain exports. a)Draw the graph that describes the market for..
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