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Q1. Why was the Teamsters Union so opposed to allowing Mexican truckers to deliver their goods in the United States? As a consumer, do you agree with the Teamsters? Why or why not?
Q2. Assume an interest rate of 7% in answering the following question.
(a) You would be indifferent between getting $12 now and X dollars two years from now. Illustrate what is X?
(b) Illustrate what is the present value of an asset that pays $20 one year from now, $15 two years from now, and $45 ten years from now?
(c) Illustrate what is the formula for the present value of an asset that pays $8 per year every year for the next 10 years, and nothing thereafter? Use the formula to compute the present value of this asset.
(d) Illustrate what is the formula for the present value of an asset that pays $8 per year forever? Use the formula to compute the present value of this asset.
Imagine that you work for the maker of a leading brand of low calorie, frozen microwavable food that estimates the following demand equation for its product using date from 26 supermarkets around the country for the month of April.
How could a company go about meeting those needs and thus motivate you to work better and harder.
Illustrate what is probability first two electric toothbrushes sold will be returned to drugstore because y are defective. Explain how all work, formula and answer.
Why is a market economy susceptible to coordination failures that can lead to unemployment and inflation? What do you think can be done to rectify these failures?
Derive total, average and marginal revenue schedules. Explain why your answer to part is an example of marginal analysis and optimizing behaviour in general.
Suppose that the market for engagement rings is in equilibrium. Then political unrest in South Africa shuts down the diamond mines there. South Africa is the world's primary supplier of diamonds. What will happen.
Elucidate how should Microsoft market long distance telephone services in the new wireless telecommunications devices which also include Internet portals.
q1. in terms of currency denomination describe how proctor amp gamble prices its revenue and costs. consider any two of
Assume that after the exchange of one permit, the marginal cost of abatement is for the firm that sold the permit for $170 also the marginal cost of the firm
Plot residual by time and explain residual plot where you find any problem. Do we violate any 7 assumptions of OLS. If so, what are consequences.
Explain why dose the profits of firms that buy their inputs in perfectly competitive market and sell their output in imperfectly competitive markets tends to increase when there is excess supply
Illustrate the effect of increasing Government spending on all the macro-economic variables assuming a horizontal AS curve.
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