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When the economy is in a recession, the Federal Reserve usually cuts interest rates. Why would the federal government do this?
Test the claim that the two beans have different mean times to absorption assume equal std deviations
What are the benefits to Apple of outsourcing the assembly of the iPhone to foreign countries, and particularly China? What are the potential costs and risks to Apple? In addition to Apple, who else benefits from Apple's decision to outsource assembl..
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 5 wild boars. John grew 100 bunches of bananas. In the two-person economy that George and John set up, fish sell for 3 clamshells each, boars sell ..
Hemingway's Hot Dogs sell for $2.00 each. The hot dogs cost Hemingway $0.95 and commissions are $0.15 per hot dog. How many dogs must Hemingway sell if his fixed costs for the stand and rent are $3,500?
Which of the following changes would not shift the demand curve for a good or service?
For a firm with fixed cost of 555, average variable cost of 12 and selling at a price of 17, find a profit in terms of its level of sales, Q. What value should Q be to achieve the profit target of 195?
Some years ago a critic of what economists were saying about the U.S.'s international trade position argued that it was essential that the U.S. as a country should run a trade surplus and maintain a healthy positive net inflow of foreign financial..
Explain how you think these trends have affected our overall economic well-being (think unemployment, wage rates, etc.) in recent years.
Florida is considering construction of a flood control dike having a life span of 16 years. The investment require is $60,00 and annual maintenance costs of $5,000. The project will provide no benefits for the first two years but will save $24,000 pe..
For a small firm in an extremely competitive industry, marginal revenue is always equal to price because: each firm has large fixed costs. if consumers increase their demand for the product, producer surplus falls. each firm has large economies of sc..
Ki Airlines has determined that the price elasticity of demand for two customer segments (Business Class and Coach) is -1.50 and -1.75. Based on their expectations of profitability, Ki realizes the price of a Coach Seat should be $155 (one way). How ..
Investment project R is estimated to have a net present value of $450,000 at a discounting factor of 11% and a net present value of $50,000 at a discounting factor of 13%.
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