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Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is $.75 and the price of peanuts is $1.50.
What is the opportunity cost of one more candy bar? One more bag of peanut? Do these opportunity cost remain the same when you purchase more of the products? Why?
To increase marketplace share, Giuseppe would like to raise sales to 750 every week. Elucidate price should Giuseppe set.
Elucidate when did we have the last major tax increase. How did the economy react to that over the next few years.
What effect does unanticipated inflation have upon: (1) individuals who are retired and living on a fixed income; (2) debtors, and (3) creditors?
In The short run Government Monetary Policy(define these) CAN alter realvariables like GDP and Employment but in the long run itcannot.
Draw a typical load schedule for electricity demand. Which generating plants will be used to satisfy the different levels of demand depicted in your load curve?
Write down his budget constraint and a utility function that captures his preferences. Draw his budget constraint and three of his indifference curves.
Major multinational companies such as Acme attempt to track the relative movements and magnitudes of global capital investment.
If each security guard is paid $200 a week, and the cost of the stolen radio is $25, how many guards are needed to hire?
Explain demand for cassette players is price elastic also they are cyclical normal goods.
What is the most important characteristic of monopolistic competition? How do firms behave differently from perfect competitors? What are the implications of having a large number of firms in a monopolistically competitive market?
Suppose you are hired by the Martin guitar company as an economic consultant. You estimate the demand for Martin guitars to be Q = 9,000 – 6P.
What if The heuser company currently outstanding bonds have 10percent coupon and a 12 percent yeild to maturiity and a mariginal tax rate of 35 percent what is the after tax cost of debt?
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