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What is the formula for calculating the value of year(2016) production in year(2015) prices, given quantities and prices of 2 goods for both 2015 and 2016 years?
For example product A in 2015 (Q=100, P=20) in 2016 (Q=110, P=25). Product B in 2015 (Q=25, P=25) in 2016 (Q=30, P=30)
If firms are successful in product differentiation
Money market funds are yielding almost nothing. Last month, the interest rate on a money market fund averaged 0.08% a year and on 5-year CDs it was 2.6% a year. The inflation rate was 0.1% a year. Calculate the real interest rate on each of these fin..
The table given below shows the total amount of spending in the country of Mesodonia. Mesodonia's gross domestic product is:
q.a toy manufacturer launched a new toy truck last year which was a huge success. 2.5 million invested by company for a
We are deeply indebted to the young men and women in the military who choose to serve and risk their lives for their country. All of us benefit from their sacrifices. Now, the question is: what motivates and incentivizes soldiers to risk their lives?..
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your “No Haggle” sales policy. Last year, your dealership earned record profits of $1.5 million. In your market, you compete against two other deal..
Draw a supply and demand graph illustrating the effect of a minimum wage. Discuss what elasticity conditions would economic theory prove to be true or false.
Provide optimal wage-bonus package, compute this employees' effort, expected payoff and employer's profit. Draw a game tree for employer-employee game in parts a-c.
With the exception of 9/11, relate what you believe are the "three" most important events or moments in the history of terrorism. To be clear, "first" list - via numbers (1, 2, & 3) your three events or moments in history "prior to" explaining/jus..
Suppose that there is a total of 40 units of a non-renewable resource that will be completely depleted in two periods. This resourve has a demand curve Q= 100=2P in each period and a constant marginal extraction cost of $10. Assume the interest rate ..
If the federal government chooses to increase government expenditures explain the three methods of financing the expenditures in terms of: which is the most expansionary, what are the negative effects of each, and which is the most inflationary.
If your expected winnings is $0, what is the relationship between x and y?
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