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If you can make 6% interest on your money, how much is $1000 paid to you 6 years in the future worth to you now? Assume annual compounding.
Would you expect two farms of widely different size to have the same fixed costs on their enterprise budgets for the same enterprise? Might economies or diseconomies of size explain any differences?
Describe the value proposition behind General Electrics Industrial Internet initiative (e.g. what job does GE’s strategic initiative aim to fulfill for its consumers?).
The Paradise Shoes Company has estimated its weekly TVC function from data collected over the past several months, as TVC = 3450 + 20Q + 0.008Q2 where TVC represents the total variable cost and Q represents pairs of shoes produced per week. Describe ..
The market demand function is Q=80-p. Describe the profit maximizing input use, the output price, and the monopolist's profit.
Prepare a balance sheet for Mullen's Hardware for December 31 of last year. The company assets are cash $15,000, accounts receivable $21,000, and merchandise inventory $95,000. The liabilities are accounts payable $12,000 and wages payable $17,000. T..
The world becomes a single market, some new approach must be developed to control the reach of the corporate oligopolies.
Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution. Finally, analyze the role that extractive institutions pla..
In a local market, the monthly price of Internet access service decreases from $20 per account to $10 per account, and the total quantity of monthly accounts across all Internet access providers increases from 100,000 to 200,000. What is the price..
Was the welfare reform the right approach to poverty? Is street crime more harmful than white-collar crime?
When it is costly or impossible to exclude someone who hasn't paid to use a particular good from using it, then that good is classified as being: a. public good b. free rider c. un excludable d. non excludable
Marie has a small publishing company that produces textbooks. She has fixed costs of $1800/month and hires workers.
If he continued to work exactly as many hours as he did before the wage increase, how much more money would he have each day to spend on consumption?
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