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Question: Reply to the following prompts by using the company for which you currently work, a business with which you're familiar, or the dream business you want to start:
Do you think it's easy for your selected business to enter this same industry?
What are some key fixed, variable, implicit, and/or opportunity costs?
First, you should explain why you think it is or not, easy for your selected business to enter this same industry.
Second you should explain what some key fixed, variable, implicit, and/or opportunity costs are.
Evaluate recent national economic policies as they relate to the magnitude of the trade deficit and analyze the arguments for protectionist policies and the effect, if any, upon the trade deficit
Question 2. Suppose a worker has 112 hours a week, non-labor income of $150 a week, and a wage rate of $10/hour. Assume the price of consumption goods increases from $1 (implicitly assumed price) to $2. What is the effect of this increase on a..
Suppose the firms compete by simultaneously choosing price and fine the best response function of each firm as a function of the other firm's price. Compute the equilibrium price and quantity for each firm.
Suppose that after graduation you take a job with an employer that oers to pay full tuition for employees wishing to return to school to get an MBA degree during non-work hours. You are not required to continue working for the rm after getting yo..
Suppose Jean Splicer, an investor, buys $500,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares.
Some lenders charge an up-front fee on a loan, which is added to what the borrower owes. This is typically described as "points".
Millville must maintain its tax collections at a constant value of $3.2 million to maintain services. What is the required rate of increase in the tax rate
Discuss relevant scarcity, opportunity cost, and trade-off regarding higher education provision - Identify the type of product
A company puts $25,000 down and will pay $5000 every year for the life of a machine (10 years). If the salvage value is $0 and the interest rate is 10%.
If you spend the next hour working at Mcdo, Calculate the opportunity cost of studying in terms of dollars given up per mark
Explain the most important characteristic in perfect competition, monopolistic competition, oligopoly, and monopolies and relate the characteristic to how these firms can make profits in the short run. In your analysis, make sure to relate an exa..
identify and describe in detail the four vital functions of money in detail. give real world examples of each of them.
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