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Based on land, minerals and natural resources, labor and entrepreneurial innovation, which country do you feel has the greatest long-term potential China or Russia.
What effect should each of the following have upon the demand for portable music players in a competitive market? Explain your reasoning in each case.
A firm will have constant profits of $100,000 per year for the next four years, and the interest rate is 6 percent. Assuming these profits are realized at the end of each year, what is the present value of these future profits?
Greg earns $10 per hour for work for up to 30 hours of work each week. He is paid $15 dollars per hour for every hour in excess of 30. Greg faces a 15 percent tax rate and pays 3 dollars an hour in child-care expenses for each hour he works. When gra..
A sum of sufficient magnitude is to be invested now so that starting in 10 years from now an amount of $2500 per year can be paid in each of 8 succeeding years. The unexpended money remains invested at 6% compounded annually. How much must be allo..
According to the product cycle hypothesis, a product will be produced only in an industrialized economy. When
The demand for widgets is P = 100 -3Q and the supply of widgets is P = 20 + 2Q. Who bears the economic incidence of a $5 per unit tax on widgets? Find the excess burden of the tax.
Fincorp will pay a year-end dividend of $2.40 per share, which is expected to grow at a rate of 4% for the indefinite future. The discount rate is 12%.
Inflation is forecasted to remain consistent with its target over the next 1-2 years. Inflation arises when:
Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of all hamburgers sold): 28%, 26%, 23%, 10%, 7%, 4%, and 2%. What is the four-firm concentration ratio of the hamburger industr..
What is the different between quantitative easing and inflation? And how can they be explained using the graph of demand V.S supply?
Suppose that the price of good X is $10, the price of good Y is $20, and our income is $100. a. What is the maximum amount of good X you can buy? What about good Y? b. Write down your budget constraint and solve it for Y. c. Sketch a graph of your bu..
What is the difference between technical communication and technical writing? After completing your reading assignments for this week, how would you define each of these terms?
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