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Suppose that you have $900 and want to invest the money for one year. There are three ex- isting options.
a. The city of Rochester is selling bonds at $90 per unit. The bonds pay $100 at the end of one year when they mature (no other cash flows).
b. Put the money under your mattress.
c. The one-year interest rate of saving in the Chase Bank is 7 percent.
Which one will you choose? What is the opportunity cost of your choice? Explain.
a) Distinguish between publicly provided goods, public goods and merit goods.
The company sells its beer at a premium and reports a large profit each year. Is this firm necessarily making economic profits? Explain.
Assume that just some of the members of a common market like the EU adopt full economic and monetary union, including a common currency. What are the advantages and disadvantages to those members joining the full EMU and to those not?
The California Instruments Corporation, a producer of electronic equipment, makes pocket calculators in a plant that is run autonomously.The California Instruments Corporation, a producer of electronic equipment
Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.
High-school athletes who skip college to become professional athletes and negative externality occurs when-benefits are imposed on individuals that are not part of a transactions.
1.What is meant by the prisoners dilemma game when applied to the behaviour of oligopolists? What will determine the outcome of the game?
What is Pareto efficiency? Why do economists use this criterion for comparing alternative economic systems? What is a property right? What role do property rights play in a market economy?
How realistic is the sales maximization model from experience with business objectives as pursued by Zimbabwean firms
Discuss how organizational architecture and corporate culture are related. Use an example of a real-life firm and discuss how its corporate culture blends with its organizational architecture.
Explain how the vision that you have developed can be used to guide and motivate product development teams. How will it inspire others team leaders and team members?
Explain clearly and concisely why the average worker may be choosing to work more in 2001 and carefully label your graph.
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