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What are the pros and cons economically of providing free tuition to medical students?
The total utility for water is higher than the total utility for diamonds. You can explain the diamond-water paradox (that diamonds are expensive but not necessary for survival / not as useful, while water is inexpensive yet necessary for survival / ..
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 100 bunches of bananas. In the two-person economy that George and John set up, fish sell for 3 clamshells each, boars sell ..
A firm has enough retained earnings to finance an investment project. For this firm, the market interest rate:
Discuss the outcomes of a change management plan with an under-communicated vision of change.
An engineer for Hi Tec Manufacturing will use engineering economy for which comparisons?
Before entry, an incumbent earns a monopoly profit of Pm = 10 million. If entry occurs, the incumbent and an entrant each earn the duopoly profits Pd = 3 million. Suppose the incumbent can induce the government to require all firms to install polluti..
Use a supply-demand graph to demonstrate how the quantity and price of medical services are expected to be affected if we went from a world without insurance to a world where the government covered 90% of all medical costs.
What would you advise the boss - about firing the employee for the garnishment orders, and about garnishment generally?
Since 2005, the government of India has run a budget deficit (that is, G > T). Does this mean that national savings have been below total investment in India?
You are an economic consultant for Farmer Perk, who produces raw cotton and sells it in a perfectly competitive market. Illustrate what is Farmer Perk's profit-maximizing level of output.
Suppose a company’s $50 stock pays an 8% continuous dividend and the continuously compounded risk-free rate is 6%. Calculate the following: the price of a prepaid forward contract that expires 1 year from now. the price of a forward contract that exp..
In 1988 the US gross domestic product (GDP) increased to $4.90 trillion at year end, from the 1987 year end level of 4.54 trillion in actual escalated dollar values. In the same year, the consumer price index rose approximately 4%. What was the const..
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