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What is a put option? Pick a specific put option on IBM and detail how you could make money if the price of IBM stock decreased. Use specific numbers.
Briefly discuss the two problems that arise when considering the resource use in travel and tourism. Why are the rewards for resource use in tourism often low? List and discuss various reasons.
Assume the demand for gasoline is perfectly inelastic—i.e., the demand curve is vertical. If a tax is levied on the producers of gasoline, what percentage of the tax collection would be paid by the consumers of gasoline 0% or 100%? Explain.
There have been significant discussions on the government's fiscal policy during the Great Recession. In particular, many did not like the government's actions in salvaging the auto industry in providing guaranteed loans to GM and Chrysler. What is y..
Chebyshev's theorem is used to approximate the proportion of observations for any data set, regardless of the shape of the distribution.
The Circular Flow diagram is model of how the economy works. Explain how the model would change if the following events ocurred:Households increase savings.
If consumer incomes increase to $30,000, what will be the impact on equilibrium price and quantity?
When calculating CPI, is it just a number or a percentage?
Consider an industry with significant barriers to entry and consisting of two firms producing a homogenous product. Under which situation are these firms more likely to compete in quantity rather than price?
Assume that apples are an inferior good. Draw a perfectly competitive market for apples and a firm selling apples in the long run equilibrium where price is $10 and the firm’s equilibrium quantity is 50. EXPLAIN what happens in the short-run if custo..
Even though Federal Government spending is "counter-cyclical" why is it not necessarily the case that an improvement in the nation's economy.
For a new study conducted by a fitness magazine, 240 females were randomly selected. For each, the mean daily calorie consumption
What advantages are offered by Linux servers versus Windows servers? Do a little research and discuss the types of Linux servers found in networks. What do you consider the most important role of Linux servers in a network?
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