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Why might diamond producers agree to participate in the syndicate as opposed to selling their output on their own?
Explain the concept of an externality. How can putting a price on pollution correct for an externality?
If actual inflation is 10% and actual output growth is 1%, find the federal funds rate recommended by the Taylor rule.
If this industry acts like a monopolist in the determination of price and output, compute the profit-maximizing level of price and output
What is the difference between maximizing firm value and maximizing stockholder wealth? Under what assumptions are the two equivalent? Under what conditions will maximizing firm value also enrich society?
A firm that sells e-books - books in digital form downloadable from the Internet - sells all e-books relating to do-it-yourself topics (home plumbing, gardening, and so on) at the same price. At present, the company can earn a maximum annual profit o..
Last month Jim purchased $11,000 of US bonds (face value). These bonds have a 26 maturity period, and they pay 1 percent interest every 3 months (i.e. the APR is 4%, and Jim receives a check for $110 every three months). what is the current value of ..
Analyze what is meant by this and its importance, and identify the other three key macroeconomic objectives.
Instructions: Read the following New York Times article: Google Fined Record $2.7 Billion in E.U. Antitrust Ruling
The initial cost of a piece of equipment is $10,000, and it has a salvage value at the end of its 10 year life of $1,000. Maintenance cost is estimated to be $500 the first year and increase $50 per year to the end of its 10 year life. If the company..
It is unclear to a economic novice like me why OPEC is not cutting down production and raising oil prices. I have read several journalists commenting upon this on the internet but perhaps an economist can explain this current fact better.
The first deposit occurs on October 1, 2012, and the last deposit occurs on January 1, 2026. The account earns 13% compounded continuously.
Eating fresh fruits and vegetables is an example. National defence is an example. Influenza vaccination is an example of a....
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