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Suppose a soft drink company want to perform a taste test on 5 brands of diet cola. How many permutations are there for presenting 5 diet colas to test subjects?
In equilibrium, what is the price and quantity of toasters? What kinds of toasters are bought and sold and which option will a low-quality producer choose
New microelectronics testing equipment was purchased 2 years ago by Mytesmall Industries at a cost of $600,000. At that time, it was expected to be used for 5 years and then traded or sold for its salvage value of $75,000. Determine the values of P, ..
A company is interested in purchasing a new numerically controlled lathe. This lathe will reduce the time to manufacture the parts currently being produced on a conventional lathe and save $8,000 per year in labor. The new lathe will cost $25,000 and..
Given equipment price, E , what is the price of service in terms of E? Competition in the equipment market, however, drives the equipment manufacturer's long-run profit to zero. What is the price of equipment?
Assume that real output is fixed at Y ¯ = 300, consumption is fixed at C ¯ = 200, government spending is fixed at G ¯ = 30. Assume that the Investment function takes the following form I(r) = 75−r, where r is given in percent terms (i.e., r = 2 signi..
Why should state and federal regulations exempt small businesses until they have more than $5 million in revenue or 50 employees. how have Obama Care and rising min wage affected the success of small businesses. What is government budget deficit? How..
Discuss Daniel Kahneman’s Mckinsey interview, and the message he delivers in regards to the risk involved in using inside information (one of the persistent problems in decision theory – with numerous recent examples, including the Financial Crash of..
The Physics Club sells E = mc2 T-shirts at the local flea market. Unfortunately, the club's previous administration has been losing money for years, so you decide to do an analysis of the sales. How much should the Physics Club charge for the T-shirt..
Your local fast food chain with two dozen stores uses the company's internal corporate marketed department to produce signage, print ads, in-store displays, and so forth. When placing an order, store managers are assessed a chargeback (transfer price..
Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always willing to exchange three black shirts for one red shirt. Draw several indifference curves to illustrate Carl's preferences. Are Carl's preferences co..
What is the role of the European Parliament? Is it a real parliament that can be compared with a national parliament? Monetary cooperation: Please compare the advantages and difficulties for flexible and for fixed exchange rates. Please discuss the i..
Does demand curves slope downward? How do wages affect labor supply?
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