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How should a business store, access, and distribute data and information about its internal operations and external environment? Please add a reference!!!
In this problem, we’ll compare the total-surplus-maximizing advertising level and the equilibrium advertising level in the Grossman and Shapiro model (which we discussed in Wednesday’s class). In terms of X1 and X2, what fraction of consumers receive..
If demand is represented by Qd = 50 - 0.5P + 0.005I where I = $50,000 and supply is represented by Qs = 100 + 0.4P - 2W where wages (W) = $15.00, compute the equilibrium price and quanity. What happens if income falls to I = $40,000?
The Heckscher-Ohlin model is about how factor abundance/scarcity affects trade. Consider factors such as capital, skilled labor and unskilled labor. It is usually held that developed countries are relatively abundant in capital and skilled labor, and..
Suppose stocks A, B and C have the same expected return and standard devieation. The correlations of return are given as follows Corr(A,B)=0.7, Corr(B,C)=-0.3 and Corr(A,C)=0.2.Find the weights on each of these stocks.
Suppose GDP in this country is $1,330 million. Enter the amount for consumption. National Income Account Value (Millions of dollars) Government Purchases 350.
firms marginal cost curve crosses marginal revenue curve at an output level of 1,000 unit. What is firms current profit. What is likely to occur in this market and why.
Show the effect of each of the following events on the market for coffee by stating 1) if the equilibrium price went up, down, or stayed the same and 2) if the equilibrium quantity went up, down, or stayed the same:
What are the common patterns of converting people in prison to violent radical causes as posited by Mark Hamm? What does Hamm say lies behind most all prison conversions?
Economics has a notoriously bad reputation among students. They assume it will be dry, boring, and not relevant to their lives. They also think it's hard because the course content must be understood rather than memorized. Why do you think economics ..
Tax of $115 per piece. tax reduces equilibrium quantity in market by 300. What is deadweight tax?
You work for a newly elected federal-level senator who asked you to prepare a briefing on why socialized medicine has not been the government healthcare system.
Suppose that the Mexican Peso is trading at 10 pesos per dollar, the interest rate in the US is 5% and the interest rate in Mexico is 4%. What must happen to the exchange rate in order for the interest rate parity condition to hold?
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