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De-funding the National Weather Service
Senator Rick Santorum (R-PA) has suggested de-funding the National Weather Service, arguing that households receive weather information from media outlets and businesses can receive subscription (paid) weather forecasts from private weather forecasting firms. Consider the externality/public good aspects of weather forecasts and argue for or against such a "privatization" of weather forecasting.
Provide an update on the economy-where is unemployment, what is the outlook for the deficit, what are the overall predictions for 2010 - 2012?
Find out what quantity of the book Warm fuzzy should print, and what price it should charge in order to maximize profit.
Explain how the distinction between expected and unexpected inflation is important to the distributional effects of inflation.
If average variable prices are assumed to remain constant over a 10 percent increase in output, elucidate the effects of the proposed price cut on total profits.
Elucidate what factors besides your quantitative analysis should be considered in making this decision.
Assume that the exchange rate between the Canadian dollar and the Euro is 2 Euros per Canadian dollar.
In what ways do the offering MBA courses at other locations create producer and consumer borne value to both the university and the malls? What factors affect the ability of the university and malls to capture value?
Explain how does a business describe whether to increase or decrease the price of the product it sells in order to increase revenue
Explain how should she reallocate her expenditures among the two goods.
Suppose you tested svereral Firestone tires also recorded their failure times. Decided taht failures are normally distributed.
How do you think each of the following affected the world price of oil? (Use demand and supply analysis.)
Expalin how can inflation derail the economy from its growth path.
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