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Professor Jones has just been hired by the economics department at a major university. The president of the board of regents has stated that the university is com- mitted to providing top-quality education for under- graduates. Two months into the semester, Jones fails to show up for his classes.
It seems he is devoting all his time to research rather than to teaching. Jones argues that his research will bring prestige to the department and the university. Should he be allowed to continue exclusively with research? Discuss with reference to the principal-agent problem.
System A will generate about $10,000 income and system B will generate about $9,000. Each system will be depreciated using straight line depreciation over their respective lives and company is in a 30% tax bracket. Which system should you choose?
The book cites which factor for slow growth in Latin America countries? A) their reliance on the drug trade B) Excessive government intervention in the economy
Assume also that her money holdings or the price level stay constant over time. write down the “life-time” budget constraint of this farmer,assuming that her planning horizon extends only two periods into the future.
Write a program that converts a number entered in Roman numerals to decimal form. Your program should consist of a class, say RomanType. An object of romanType should do the following: a. Store the number as a Roman numeral. b. Convert and store th..
Using present value analysis math, discuss the cost and benefit of paying for 4 years of college. Make any assumptions you want about the market interest rates. Use math and discuss. Is going to college worth it?
An employee receives a letter of reprimand that goes in his personnel file but is not demoted and not suffer any other action. Does the letter constitute an adverse employment action Why or Why not
ECON 301 Intermediate Microeconomics Assuming diminishing marginal utility and an indifference curve with Apples on the X axis and Cheese on the Y axis, fully explain how the slope of the indifference curve measures the relative value of the goods ..
Dunkin Donuts raises the price of its French Vanilla coffee by 15%. The demand for Dunkin Donuts glazed doughnuts will change by what percentage and in what direction?
a bond with no expiration date has a face value of 10000 and pays a fixed 10 percent interest. if the market price of
A large automobile manufacturing company is considering the installation of a high-tech handling system. The initial cost of the system is $3,000,000 and it is estimated it will save $750,000 per year in manual labor, and will incur $27,500 in operat..
Calculate the short-run and long-run cross price elasticities with respect to Py(see p. 28 and p. 30 in the notes). What type of goods are X and Y with respect to these elasticities?
Why was/were the firm(s) investigated for antitrust behaviour? Identify some of the costs (pecuniary and non pecuniary) associated with the antitrust behaviour (firms having power in the market). Additionally, note the specific antitrust act (Clayton..
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