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When a firm in a competitive market receives $500 in total reveunue, it has a marginal revenue of $10. What is the average revenue, and how many units were sold?
A bank has a net income (after taxes) of $3.5 million; assets of $150 million; and bank capital of $12.5 million. What is the bank’s (i) return on equity; (ii) return on assets; and (iii) debt-to-equity ratio? Show your work.
Why there is a large role of government (either local or federal) in the transportation industry in the real world. Specifically, what types of government policies do you expect in the industry? Under what circumstances, such intervention are justifi..
The publisher sold the textbooks to university bookstores nationwide for 3 million euros. The university bookstores received 4 million euros from students in exchange for the books.
Illustrate what is the most effective process of decreasing the quantity of drugs consumed and decreasing the amount of drug-related crime.
Discuss the factors bearing on the observed earnings gap between median levels of pay for the 60 - 80th percentile of earners (or 4th 'quintile').
Suppose there are two types of consumers of a public good. There are 5 consumers with demand Q = 60 − p and 10 other consumers with demand Q = 100 − p. Assume that the marginal cost of the public good is equal to 200. What is the competitive market e..
John Underpar buys a ticket. a. What are Mr. Underpar's possible monetary outcomes? b. What are the probabilities of the possible outcomes?
Currently product Aft is charged $850,667 depreciation on the Income Statement of Andrews. Andrews is making plant improvements to Aft and depreciation charges will increase to 965,330. Decrease Net Cash from Operations on the Cash Flow Statement. In..
Worker productivity is one of the most important factors that helps us determine the performance of an economy. Which of the following best describes productivity?
A Production Process A has a fixed cost of $340,000 and a variable cost of $145 per unit. Production Process B for the same product has the fixed cost of $1,250,000 and variable cost of $95.50 per unit. How many units should be produced by Production..
The quantity of tea bought decreased by 20 percent when the price of coffee declined by 10 percent. Assuming other factors are held constant, coffee and tea are classified as:
There are many differences between public-sector and private-sector computer investigations. What do you see are the top three and why?
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