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What does the liquidity mean for a business?
A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season. The chance of a dr..
What is externality? Why don't people take into consideration the external costs of their actions? Describe four major income maintence programs in the United States. Suppose a union negotiates a wage that is above the market-clearing wage. What prob..
A hedge fund currently has assets of $500 million. The annual fee structure of this fund consists of a fixed fee of 1% of portfolio assets plus a 20% incentive fee. Compute the fee that the manager will earn, in dollars, if the return on the fund in ..
Suppose the USA and Canada are considering to trade. Assume there are only two goods in the economy: wheat and corn. The table below illustrates what each nation can produce in a given year.
Connecticut recently reported that it expects its pension funds to earn 8% or more per year. This is highly optimistic. What behaviors might their pension fund managers engage in in order to get these returns?
Research the topic of how marketers use personality tests to understand consumer behavior. The use of information around psychological traits and demographics can be significantly valuable information to the marketer.
The local Audubon Society has just put a new bird feeder in the park at a cost of $500. The feeder has a useful life of 5 years and an annual maintenance cost of $50. Fred, was very impressed with the project. He wants to establish a fund that will m..
Research Project. Choose a company in which you are interested. Search to find out what new products that company has brought to market in the past year or two. Are those products truly new innovations, or are they simply extensions of existing produ..
Researchers have found a hybrid of corn that is cheaper to grow. This technological break through
An economy produces only agricultural products (x) and manufactured goods (y). A quarter of the land in the country is arid and not suitable for agricultural products. Therefore, if half of the arid land is not used at all:
Is there a surplus or deficit in the government budget at the equilibrium level of income.
With capital K and labor L input, there are five production functions in the following:
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