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If Peter consumes (1400 , 1200) and earns (900 , 1760) and if the interest rate is 10%, the present value of his endowment would be what? I know the answer is 2500, but I need to know HOW you get this?
Explain how a item might evolve from one market structure to another and what that means as to the value, competition and number for companies producing that product.
Suppose you are the manager of College computers, a producer of customized computers that meet specifications needed through the local university.
What does the market for sugary sodas look like? Provide a supply-demand graph with realistic prices.
Shoes For Less (SFL) hires you to estimate the demand for their shoes, and you estimate this to be: Describe the difference in the results between your results and those of original consultant.
Explain and illustrate how each of these events would affect aggregate demand, aggregate supply, and prices, then explain how you would respond with economic policies. Please show illustrations showing the movement of the AS and AD curves.
Company A plans to produce 300,000 units next year, the production budget is: Compute the total cost and cost per unit when the unit production is changed to 315,000 units.
If the production function is Q=K^.5 L^.5 and capital is fixed at 1 unit, then the average product of labor when L=36 is?
Angelica pickles manager a Quick copy franchise White Plains, New York. Pickles projects reducing copy 5¢ to 4¢ each, Quick Copy's $600-per-week profit contribution will increase by one-third.
Think the market for personal computers. Assume that the demand is constant : the demand curve does not change. Predict the effects of the following changes on the equilibrium price of computers.
In the long run, the most helpful action that a monopolistically competitive firm can take to maintain its economic profit is to lower price
Suppose that population standard deviation is 0.56 (instead of 0.45), without doing calculations explain whether a 95% condence interval for the population mean would be wider than, narrower than, or the same widt
Neither one buys anything and one buys nothing, one buys the bundle - Draw on the reservation prices provided in Question 6 and assume mixed bundling.
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