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According to Sachs, Easterly and Banerjee and Duflo, what are the problems of educating people in poor countries? Be sure to explain the views of the various authors using supporting evidence from the relevant texts. Which argument is most persuasive? Why? Explain.
The profitability of the leading cola syrup manufacturers PepsiCo and Coca-Cola and of the bottlers in the cola business is very different. PepsiCo and Coca-Cola enjoy a 81 percent operating profit a percentage of sales. Perform a Porter’s Five Force..
Read the paper by Levitt and Syverson (2007). "Market Distortions when Agents are Better Informed: The Value of Information in Real Estate Transactions," Working Paper, University of Chicago Booth, available in the Learning Materials folder (scroll d..
Go to the following website and read the article about budgeting in a small business. The article talks about six basic steps to a better business budget.
Temporary Assistance for Needy Families(TanF). Consider an income guarantee program with an income guarantee of $5,000 and a benefit reduction rate of 40%. A person can work up to 2,000 hours per year at $10 per hour. Draw the person’s budget constra..
What is the probability that more than 10 parts will be defective? Answer to at least four decimal places.
We saw in class that since we are only interested in the ordering of bundles, a positive monotonic transformation (one that does not change the order) of a utility function also represents the same preferences. Mathematically, a positive monotonic tr..
Suppose the market demand function is given by: Q=100-2P, where Q: total quantity, P: market price. And in this market there are two firms with MC=AV= $10. Perfect competition price, quantity, and consumer surplus? Monopoly price, quantity, consumer..
Your marketing department estimates that Medicare urology visits equal 5 − (1.0 × C ) + (−6.5 × T O ) + (5 × T R ) + (0.01 × Y ). Here, C denotes the Medicare copayment (now $20), T O is waiting time in your clinic (now 30 minutes), T R is waiting ti..
?(a) Write the claim mathematically and identify H subscript 0 and H subscript A ?(b) Find the critical? value(s) and identify the rejection? region(s).
Define the law of supply and the law of demand. Discuss how market supply differs from individual supply.
What is? Kohwe's share price today if the investment is financed with? debt?
A company is considering a new bottle-capping machine. The initial cost of the machine is 300,000 SR and it has a 20 year life. Yearly maintenance cost is estimated to be 15000 per year. The machine required a major overhaul costing 50000 at the end ..
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