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After an unanticipated dollar appreciation has occurred, what recommendation a company such as Cummins Engine to do with its strong domestic currency?
Annual demand and supply for the Entronics company is given by:QD = 5,000 + 0.5 I + 0.2 A - 100P, and QS = -5000 + 100P
Explain the unemployment rate and inflation rate for your local area and compare it to the national average. Analyze how a discouraged worker will not be represented with the unemployment rate.
Suppose your employer offered you $4,000 in cash instead of health insurance coverage. Health insurance is excluded from state and federal income taxes (let's ignore Social Security and Medicare wage taxes for now). The cash would be subject to state..
Demand for a softback managerial economics text is given by Q=20,000-300P. The book is initially priced at $30. Compute the point price elasticity of demand at P= $30. If the objective is to increase total revenue, should the price be increased or de..
Why do Senior citizens pay less than everyone else for admission to a movie, but pay the same as everyone else for movie-popcorn?
An individual is considering the purchase of a used automobile. The total price is $6200 with $1240 as a down payment and the balance paid in 48 equal monthly payments with interest at 1% per month. The payments are due at the end of each month. Comp..
In March of 2009, the Fed bought government securities in the open market. The most likely effect of this policy is:
What do you believe should be the top spending priorities of the federal government? Do you believe the federal government has a responsibility in regard to health needs of citizens or do you believe that this is an issue better left to the various s..
Propose two (2) applications of the knowledge that you have learned in this course to your current or a future position. Provide a rationale for your response. Create a list of three (3) best practices to follow in the field of managerial economics a..
analyze the following production data and prepare a proposal suggesting how to maximize profits.
Name and describe at least two of the positive features of this era (1945-1973) that gave rise to the term ‘Golden Age’ (e.g., why was this era so special) and consider the role of the US government in facilitating these features
All workers face tradeoffs. Self-selection allows workers to exploit these tradeoffs when choosing jobs, thus maximizing utility. One trade off is between pay and safety. Some workers are willing to take a hazardous job if it is accompanied by higher..
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