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Suppose Mr. and Mrs. Ward agreed not to vote in tomorrow's election. Would such an agreement improve utility? Would such an agreement be an equilibrium?
Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices.Price of crackers Quantity Demanded (per month)$3 80 $2.5 120
the clap chemical company needs a large insulated stainless steel tank to expand its plant. clap has located such a
In general, the marginal cost curve is U-shaped as you learned in lectures and the textbook. However, exception exists. Please provide one particular industry as an example to illustrate that MC is not U-shaped. Explain briefly the shape of MC in ..
Suppose that the price of a stock is $50 at the beginning of a year and $53 at the end of the year, and it pays a dividend of $2 during the year. Calculate the stock's current yield, capital-gains yield, and the return.
a. Suppose that if the wage is raised a second time to $40 per hour, the number of cars sold rises to an average of 2.5 per day. What is now the labor cost per car sold b. If the firm's goal is to maximize the efficiency of its labor expenditures
Your company just purchased office furniture (Asset class 00.11) for $100,000 and placed it in service an August 13, 2007. The cost basis for the furniture is $100,000, and it will be depreciated with the GDS using half-year convention.
The table reports data on real GDP, consumption, investment, government spending, and aggregate expenditures for a closed economy with fixed taxes. Use the information in the table to answer the following questions. Values are in billions of dolla..
A $200,000 gift has been received by Harvard to support in perpetuity an annual professional ethics lecture series from its earnings. The administration says they should expect to earn 6% for the first 10 years, but being conservative.
It is estimated that a mineral deposit will produce 27,000ton in the coming year and 34,300ton in the subsequent year. It is expected that for the first 12 years the production patter will be of the type V.e^α.k
let E1 denote his expenditure at the end of this year and E2 denote his expenditure at the end of next year. At the end of this year he will receive $100,000 in income, and at the end of next year, he will receive $105,000 in income.
determine the present equivalent value of the cash flow diagram when the annual interest rate, ik, varies over time n = 6 years with 4 cash flows year (1) = $1,000 (2)= $2,000 (4)= $1,000 and (6)= $2,000 between each year the interest changes
Now suppose the same game is played with the exception that Player A moves first and Player B moves second. Using the backward induction method discussed in the online class notes, what will be the outcome of the game
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