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Josephine makes $100 a day as a flower shop attendant. She takes off two days of work without pay to travel to another city to attend her sister's wedding. The cost of transportation for the trip is $180 round trip. The cost of her hotel stay is $99 per night and she stays for 2 nights. What is the opportunity cost of Josephine's trip to the wedding?
what will be the impact on American business, in terms of how businesses create value by integrating the production and distribution of goods, services, and information?
What can we learn about International Business from this thing and outline why the culture of a country influences the costs of doing business in that country. Illustrate your answer with examples.
Explain the dierence between Covered and Uncovered Interest Parity Arbitrage. What risks does a US investor face when buying Mexican government bonds, and trying to exploit these arbitrage strategies?
The National Research Council conducted a study of the U.S. aircraft industry, which stresses the importance to airplane manufacturers of serving the entire world market. As evidence, the council presents the following graph: The curve shown in t..
A monopolist with two plants operates with a marginal revenue of 500-4Q and marginal expenses of 4Q for plant one and 2Q for plant 2.
Write a very brief introduction indicating why you chose this particular firm. Give a brief summary of the firm's history and type of business and industry it is in. Examine the firm's operations and forecast for the next 3 to 5
Its the spring of 2002. You are an economist on President Bush's council of economic advisors. Congress is considering legislation, called the "2002 Farm Bill," that would increase subsidies to US farmers.
Suppose US and Russia produce only two goods meat and potatoes in a week's time according to the table below which shows their production possibilities. Usa: Meats 2lbs Potatoes 4lbs Russia: Meats 5lbs Potatoes 20lbs ..
The government has 3-bureaues that predict the impact of legislation and information so administration and Congress can make rule.
A sum of $10,000 is invested in an account earning interest at the nominal rate of 7.2% per year. Determine the value of this account, roundedd to the nearest dollar, at the end of 2 years if interest is compounded continuously.
Assess and explain a major trade regulation or policy of the United States (please choose a regulation or policy other than one already discussed by your classmates). What purpose(s) does the regulation or policy serve?
Describe the meaning of efficient markets. Why might we expect markets to be efficient most of the time?
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