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Since he was young, Mark has been at his family's business house, which has to do with growing and selling Eastern Australia Canola. As he was just named president of the business, he decides he must look into the futures markets to protect his profits, in case a bad year occurs. In the Australian Stock Exchange, The Eastern Australian Canola futures are quoted at 557.50 (quoted in AUD per ton), and the contract size is 20 metric tons. What is the market value of the contract?
Which of the following institutional arrangements is most likely to promote growth.
Assume you are a producer and seller of wine. Elucidate whether the following events would affect the demand or supply of wine and the price you will receive.
Social efficiency. Show your work in all parts of this question. Suppose that a market is described by the following supply and demand equations: QS = 2P [where QS is quantity supplied, and P is price] QD = 300 – P [where QD is quantity demanded and ..
A manager from a developing country is overseeing a multinational's operations in a country where drug trafficking and lawlessness are rife. One day, a representative of a local "big man" approaches the manager and asks for a "donation" to help the "..
In long-run competitive equilibrium, product price equals long-run average cost and also equals long-run marginal cost. Thus, economic profit equals $0. Please explain why firms have not incentive to exit the industry.
Explain which of the following transactions would be directly counted in 2015’s GDP. In each case, explain whether the action causes an increase in Consumption, Investment, Govt. Purchases or Net Export. If the transaction is not included in 2015’s G..
Suppose the government were to subsidize the wages of all women in the population by paying their employers 50 cents for every hour they worked. What would be the effect on the wage rate women receive? What would be the effect on the net wage employe..
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
In which of the following market structures can firms earn economic profits in the long run?
You are the marketing manager for xyz Corp.You have this regression result for your product: Q=2000-3.5P+1.2*1 Right now your price is 10 and the average income of your customers is $30,000. Compute income elasticy. Is your good a normal good or an i..
What is the Keynesian solution to a recession or depression? How does the Keynesian multiplier work? What kind of policies were/are proposed to help get us out of this recession?
q1. liliana sells dvds. it costs her 40 an hour to keep the store opem 500 for monthly rent and 3 an hour for
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