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1. Suppose the Fed has a target range for the yen-dollar exchange rate. How would it keep the exchange rate within the target range if free market forces push the exchange rate out of the range? Use a graph to help explain your answer.
2. Why do you demand money? What determines how much money you keep in your pocket, purse, or bank accounts?
A company is going to upgrade it machinery. It costs $150,000 to buy the machinery and have it installed. Operation and maintenance cost are $1500 per year for the first 3 years and then increase by $500 per year for the machine's 10-year salvage ..
The demand and supply for a particular commodity are given by the following two equations: Demand: P = 75 - 2Qd and Supply: P = -15 + 4Qs where Qd and Qs are quantity demanded and quantity supplied, respectively, and P is price.
Determine which isotherm (linear or Freundlich) best fits the data
What are the four incentives of private property? How do they differ from the incentives found in common property?
suppose that there are 70 firms in operating in the industry. using the MC curve, find out how much output in total is delivered to the market at each price (you only need to consider prices equal to the MC values above). now assume that the marke..
Would it be possible to create such a market? If so how? If not, why not?
Calculate Lorie's profit-maximizing output, price, and economic profit. B) Do you expect other firms to enter the singing lesson business and compete with Lorie C) What happens to the demand for Lorie's lessons in the long run
Explain the differences between the following three measures of damages for breach of contract: expectation damages, opportunity cost damages, and reliance damages.
Describe the fundamental difference between short-run analysis and long-run analysis of the cost structure of a firm and give at least two examples of industries that practice price discrimination, and describe their pricing practices.
Find the market price if the cost of quality v to a seller is c(v) = v/4.Find the market price if the cost of quality v to a seller is c(v) = 2v^3 Consider case b. and suppose the utility the buyer receives from a car of quality v is U(v).
Is the indecency in the production model a consequence of the existence of capital?
do you think you will get a good deal from this company?
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