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Question - The market for widgets is increasing by 15% per year from current profits of $200,000. Investing in a design change will allow the profit per widget to stay steady; otherwise the price will drop by 3% per year. If inflation in the economy is 2%, what is the present worth in Year-1 dollars of the savings over the next 5 years? 10 years? The interest rate is 10%.
Some friends of yours have been considering purchasing a new home. They currently live 20 miles from town on a two-acre tract.
Which one, shirts or sweaters, has a demand elasticity that will allow you to increase the price, sell fewer units BUT still increase your revenues?
Suppose 20 foreign workers with exactly the same skills and same education level asdomestic workers immigrate to country Omega and try to find a job. Holding everything else constant, what will happen to capital productivity in Omega
Use graphs or data tables of the variables you chose in the discussion. What trends do you see in the data sets? Please explain.
Which tactics were not successful? As a leader, how can you critically appraise situations to make sure you select appropriate tactics for influencing a given situation?
Use the graph to answer these questions: What is the profit-maximizing level of output? What is the economic profit
Identify two microeconomics and two macroeconomics principles
Discuss how changing tax rates affect consumption spending and aggregate. Provide an example not in the textbook to illustrate your answer.
In late 1990, the "Wyden Amendment" was stricken from the Crime Bill passed by Congress. The amendment would have required reporting by auditors on internal.
Joe, who has no skills, no job experience, and no alternative employment, runs a shoeshine stand. Other operators of shoeshine stands earn $10,000 a year.
Assume that the government decreases spending by one hundred billion dollar. What happens to aggregate demand and discuss the differences between fixed and variable taxes.
Discuss the usefulness of swaptions (swap options) relative to the current economic environment. Give three specific examples of how a bank can use this derivative both for risk management and speculation.
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