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You own 200 shares of Easy stock that has a current market price of $25/share. What is the value of your holdings after a 17% stock dividend if the stock price per share remains unchanged?
Beloit Co. is a manufacturer of mini-doughnut machine markers. Early in 2003 a customer asked Beloit to quote a price for a custom-designed doughnut machine to be delivered by he end of 2003. Once purchased, the customer intends to pace the machine i..
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OPEC successfully raised the world price of oil in the 1970s and early 1980s, primarily due to:
Two firms, each in a different country, sell homogeneous output in a third country. Government 1 subsidizes its domestic firm by s per unit. The other government intervention, the market has a Nash-Cournot equilibrium. Show that Government 1's optima..
Max has the utility function U(x, y) = x(y + 1). The price of x is $2 and the price of y is $1. Max’s Income is $11. How much x does Max demand? How much y? If his income doubles and prices stay unchanged, will Max’s demand for both goods double?
Institutions that function to connect one individual's savings another's investment decisions is in summation called the. Bob buys 500 shares of stock issued by Creature Comforts Brewing. Creature Comforts brewing then use those funds to buy new mach..
What happened at Wounded Knee?
Briefly explicate whether Turbo has a dominant strategy. Briefly explicate whether there is Nash equilibrium in this game.
To produce a recorded CD, q=1, a firm uses one blank disk, D=1, and the services of a recording machine, M=1, for one hour. Draw an isoquant for this production process. Explain the reason for its shape. (Hours of machine services on the vertical axi..
Using the midpoint formula, calculate the elasticity for demand when the price changes from $40 to $45 (Round your answer to 2 decimal places)
Consider a monopolistically competitve market with N firms.each firms's business opportunities are described by the following equations: how does N, the number of firms in the market, affect each firm's demand curve? why? ?how many units does each fi..
Two countries, X and Y, satisfy the Solow model with α = 1/3 and productivity A=1. In Country X, investment is 54% of GDP and the population grows at 1% per year. In Country Y, investment is 8% of GDP, and the population grows at 3% per year. In both..
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