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Q1. Explain how do you calculate the cost index using the nominal GDP to get the real GDP in billions
Q2. The NCAA prohibits schools which are caught paying athletes from participating in bowl games, and sometimes the punishment is even more severe. Explicate why schools don't break away from the NCAA and form a league in which athletes can legitimately be paid. Use hypothetical payoffs to construct an illustrative normal-form game in which the strategies are "pay players" and "don't pay players; the players are School A and School B."
Point out which costs in the preceding question are considered "relevant" and which are considered "irrelevant" to a business decision. Explain why.
You can now think of the firm as using two additional inputs, pollution vouchers and smokestack filters, to produce x output legally. Does the overall production technology now have increasing, constant, or decreasing returns to scale?
q1. a what output will maximize profit? what is this profit?b will output increase if the price rises to 4.50 to 5.25?
Conclude how fixed and variable costs should be adjusted to maximize profit and identify methods to reduce costs.
If collusion is not allowed, what kind of market arrangement do you think is likely to result from competitive interactions among these four firms? Calculate the profits of these firms in either case (a and b).
Make a prediction regarding opportunities and challenges that an increase in diversity may present in the United States in the next 50 years. Elucidate the reasons for your speculations.
Calculate the price and quantity associated with the perfectly competitive outcome.
Ben bakes bread and Shawna knits sweaters. Ben and Shawna both like to eat bread and wear sweaters. In which of the following cases is it impossible for both Ben and Shawna to benefit from trade.
Illustrate what are some of the damaging effects deflation has on an economy. Elucidate what would be a monetary policy prescription to reduce or eliminate deflation.
q.university of richmond professor erik craft analyzed the states pricing of vanity plates. he found that in california
Explain your reasoning and use Lisa Blake and Walter Barnes as your point of reference. Also elucidate the influences affecting foreign exchange rates.
Illustrate what import also export means also give one example of every in fashion area. Conduct a test of hypothesis to conclude whether the mean attendance was more.
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