Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assignment:
1. Vincent is deciding whether to buy a painting. The current sale price of the painting is 100 dollars. The resale price of the painting after T years is 100 + T dollars, where T is a positive integer. Ownership of the painting generates a psychological benefit of 10 dollars per year, where the benefit is received at the end of each year. Assume that the discount rate is r = 0.10.
(a) Suppose that Vincent buys the painting. What is the earliest year after which he should sell the painting? [Hint: maximize the net present value with respect to the year after which he sells the painting.]
(b) Suppose that Vincent sells the painting as in part (a). What is the net present value for his investment decision?
(c) Should Vincent buy the painting? Explain briefly.
(d) Suppose instead that Vincent cannot sell the painting after purchase. What is the internal rate of return on the investment in the painting?
How do the elasticities of supply and demand affect the deadweight loss of a tax? Why do they have this effect? Please give examples and support your answer.
Jess can work a maximum of 60hours in a week. He has the opportunity to work for $12per hour and he has no unearned income. With the income that he earns from.
You are given the following information about the US and China's ability to produce widgets and gadgets. What is the range of prices for one widget in terms of gadgets
Suppose there are three firms with the following demand functions in an oligopoly market:
There have been many reports and news stories lately debating the introduction of UAVs into the National Air Space System. Research a few of those stories and tell the class if you feel that the FAA should allow UAVs to fly "unrestricted" now or if t..
Assume that fixed costs remain at $250. When the price of a variable input changes which other costs will increase? Compare the costs you calculate for table two to the costs calculated in table one to find your answers.
Identify the relevant facts including key stakeholders (distinguish known facts from assumptions, identify the factors that are „unknown?)
A monetary policy is said to be credible if the central bank will have an incentive to do tomorrow what it says today that it will do tomorrow.
W hat is the equilibrium price and quantity for oven mittens? Using Microsoft Excel, construct a table that shows the quantity demanded, the quantity supplied.
A. If fixed costs are equal to $1,000, derive the firm's total cost function and marginal cost function.C(q) = fixed costs + variable costB. Derive a total revenue function and marginal revenue function for the firm.C. Calculate the profit maximizing..
A dominating firm, price leader, in a domestic oligopolistic industry may actually function as a monopolistic competitor in the international market place.
Thomas so well, an economist at the hover institute at Stanford university, has written, "all economic systems, not only provide people with goods and services,
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd