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Question: Each week, you will be asked to respond to the prompt or prompts in the discussion forum. Your initial post should be 150 -200 words in length, and is due on Sunday. By Tuesday, you should respond to two additional posts from your peers.
Share your most significant "take away" from this course. Explain the following;
• What is your take-away?
• Why is it the most significant take-away?
• What has changed or will change due to this take-away?
• Include a reference for the take away if it is from an article. If it is from the course lecture or assignment, mention the week it is from.
In your response posts, comment on the most significant take-away that your peer mentioned. Is that take-away also important to you? Why or why not? Offer a different perspective on how the take-away may cause change.
Salvage values can be ignored. During the first 10 years, the average use of water will be less than during the remaining 30 years. Use the conventional benefit-cost ratio method to select the more economical plan.
How does the standard economic view of rationality relate to the concept of bounded rationality Which seems more realistic What does your answer imply about economic models
Murphy Morsels just bought a new chocolate-chip making machine for $25,000. What is the monthly payment
How much economic profit do you expect that Roberts company
My brother has a house worth $400,000 and he has no mortgage as it is paid off! His utility bills and insurance and maintenance cost him about $500 per month and property taxes and all other costs about another $500 per month.
McFadden’s chief engineer recommends that the firm hire 400 hours of skilled labor and 100 hours of unskilled labor. Is this the optimal combination? If the McFadden Company decides to spend a total of $5000 on skilled and unskilled labor, how many h..
Describe the Learned Hand Rule, and discuss the economic logic underlying it. Do you believe the objective is being achieved?
As in part A there is a 50% chance the share market crashes. If John maximises expected utility, what value of ß should he choose?
The US economy slowed down sharply in the latter half of 2000, and the actual recession started early in 2001. Monetary policy eased sharply throughout 2001.
If a machine cost $50,000 initially and is expected to last for 20 years but is worth $60,000 after one year because it is in short supply, an economist most likely would say that:
Suppose one firm's labor demand function is: D(w) = 2w + 50; if this firm hires in a competitive market with the marginal expense ME = 10.
What is the optimal ticket price and quantity in the public market - What is the optimal ticket price and quantity in the student market and what is the operating surplus (profit) when tickets are sold at different prices in the public market and i..
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