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Question: What is an example of a statistical study that you have seen reported in the news or social media recently? How was the study conducted and what were the results? Do you think the study was well-designed and the conclusions drawn were appropriate? Why or why not? Be sure to include a link to the news article or social media posting.
Explain the viewpoints of classical and Keynesian economists.
Consider two goods, Gorillas (G) and Chimpanzees (C). Your utility function for gorillas and chimpanzees is given by U(G,C)=ln(G)+C. Gorillas cost $10 each, and Chimpanzees cost $4 each. You currently have $200 to spend.
Determine the Net Present Value of the cash flow at annual interest rates of 15%, 20%, and 30%. At what (interpolated) rate would the NPV become zero What is such a rate called Also, calculate the payback periods,
Little Kona is a small coffee company that is considering entering a market dominated by Big Brew. Each company's profit depends on whether Little Kona enters and whether Big Brew sets a high price or a low price
You have decided to go into business producing little wooden statuettes. Your cost function for the statuettes (S) is given by C(S)=40+S+S^2. What is the average cost to product 200 statuettes
An economy has a single consumption good produced using labor and a single consumer. The production process has decreasing returns to scale. Explain the derivation of the optimal commodity tax when profit is not taxed.
what exchange rate represents PPP today if the two currencies eight years ago in 2002 were in parity and exchanged at the rate of ¥120/$?
suppose in 2010, the cost of a market basket of goods was $2001. In 2012, the cost fo the same amrket basket of goods was $2,105. Calculate the price index for 2012, using the price index formula, asume 2010 is the base year________
in january of 2007 mary bought 100 stocks of apple inc for 55 each. this stock paid an average dividend of 4.50 per
Discuss the meaning of the x- and y-axis values on the graph. (Hint: Be sure to label the axis) Based on the results of the graph and the profit equation provided, discuss the relationship between profits and number of e-readers produced.
In your project, address the following questions: Using the elasticity estimates in the table above, classify the price elasticity demand as elastic or inelastic. Explain your reasoning. Explain the implications of those classifications on tax rev..
Suppose a monopolist can purchase Labor at a price w = 36 and can purchase Capital at a price r = 25. The monopolist's production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 180 - 3Q.
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