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Explain what would happen if banks were notified that they could increase their required reserves by one percentage point from, say, 9% to 10% of deposits. What would be banks' options to come up with the "cash"?
Twenty-five examples of 150 online orders that were picked manually were inspected prior to shipping and a total of 36 orders were found to be incompleted or wrong.Compute control limits for p-chart. UCL=p+3p UCL=p-3p
Terry utility function over leisure (i) and other goods (y) is U(y,1)+y+1*y. the associated marginal utilities are M Uy=1 +1 and M U1=y. he purchases other goods at price of $1, out of the income he earns from working.
a. find the optimal quantity and the price for the firm. b. Now suppose that demand changes to P = 110 - 3Q. Find the new optimal price and quantity. Has there been an increase or decrease in demand. Explain.
Does the firm have constant, increasing, or decreasing returns to scale? Why? If wages are $20,000 per person per operating period and capital units for $3,000 per unit per operating period, calculate the average cost of producing 12,000 units and..
A travel company has hired a management consulting company to analyze demand in 26 regional markets for one of its major products: a guided tour to a particular country. The equation for the quantity demanded is Q = 1500 - 4p + 5A + 10I + 3Px
A chief executive of an oil company must decide whether to drill a site and, if so, hew deep. It costs $160,000 to drill the first 3,000 feet, and there is a 0.4 chance of striking oil. If oil is struck, the profit (net of drilling expenses) is $6..
Your aunt has asked you to help her determine the date on which she must settle a debt. She borrowed $4500 on July 1, 2009, and $7500 on June 1, 2010, from the same lender. The interest rate is 3.24 percent compounded semiannually.
Suppose that the market for cigarettes in a particular town has the following supply and demand curves: Qs = P; Qd = 50 - P with quantities measured in thousands of units. Suppose the town council needs to raise $300,000 in revenue
England and Scotland both produce scones and sweaters. Suppose England can produce 50 scones per hour or 1 sweater per hour. Suppose Scotland can produce 40 scones per hour or 2 sweaters per hour. Before trade England produces 25 scones and 0.5.
in avataria one-forth of all females born die in infancy and the rest of them live until age 60.women bear 1 child at
Imagine that the current price of waste disposal is $0.025/lb and the average waste disposal is 2.40 lb/p/d. When the price was previously $0.01/lb, the average waste disposal was 2.52 lb/p/d. Assume that the marginal social cost of waste disposal..
establish the efficient level of pollution for this economy.
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