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Having a reliable network is extremely important to the success of any business in today's world. Think about how much we depend on computers in our daily lives. Imagine what would happen if a business had a very weak network where the company's computers were very slow. How would this type of weak network impact customers, sales, ordering of product, marketing and all other realms of the business? Have you ever been in a situation where a business' computers where down? How did the store handle customers without functioning computers? If you have not been in such a situation, give your opinion on what the effects down computer of 5 hours would have on a business and their customers.
Explain what would happen to equilibrium price and quantity in the market for Pepsi if the following occurred (be sure to indicate WHY it happens as well)
The many loopholes present in the federal income tax system prior to the 1986 tax reform caused all of the following except
A firm in an oligopolistic industry has identified two sets of demand curves. If the firm is the only one that changes prices (ie., other firms do not follow), its demand curve takes the form Q=82-8P. Calculate marginal revenue curves for each. Devel..
Skates and Dates is a single-price monopolist (a skating rink) in a small town, facing an inverse demand curve of P = 35-0.5Q, where P is the price of admission and Q is the quantity of admissions. what is the profit maximizing condition for Skates a..
Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full amount of the deposit increase that is allowed. This amount winds up deposited in Bank B. Bank B lends out the full amount ..
Consider the following monopolists that face nonlinear demand functions. (a) Suppose a monopolist faces a demand curve of Q= e^100-p, and has costs C(Q) = 4Q x In (Q). Solve for equilibrium quantity and price.
How much have global trade and global production (gross national income) grown since World War II? What parts of the world economy have grown fastest in the last 20 years? (Be able to name some countries)
Jane receives utility from days spent traveling on vacation domestically(D) and days spent traveling on vacation in a foreign country(F), as given by the utility function Upper U left parenthesis Upper D comma Upper F right parenthesis equals 10 D..
The demand for and supply of shekels in the foreign exchange market is Demand = 30000 – 8000 e Supply = 25000 + 12000 e where the nominal exchange rate is expressed as dollars per shekel. What is the fundamental value of the shekel?
Describe what happens after the technological change. What happens to the wage in the long run? What happens to the population size in the long run?
Complete this statement by filling in the blanks with the words "increase" or "decrease": The entry of an additional firm in a mon. comp. market _____________ the profit per unit of output because entry ________ the price and ____________ the average..
An engineer estimates that the annual toll revenue from a newly proposed highway construction over 20 years will increase at a rate of 4%. The revenue for the first year is $2,000,000. What is the present value of the toll revenue if the state can ea..
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