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Smart University of Lafayette Indiana is a C.E.D. division of Smart University located in Gary Indiana. SU's goal is to maximize profits.. SU is currently maximizing the profit at SU of Lafayette by charging the profit-maximizing tuition rate. Things have changed at SU of Lafayette. The rent of the building in which they offer classes has changed. The rent, a fixed cost, has increased. In response to the rise in rent the Dean of the Science department has suggested that they raise the price students pay for tuition at SU of Lafayette. The Dean argues to continue maximizing profits they should raise their tuition rate to recover some of the increase in rent. After all he argues our costs have risen and we should raise our tuition. You, the janitor, over hear the Dean's argument and decide to speak out. Would you support or oppose the tuition increase and why?
Cubby Company entered into a lease contract for ten photocopy machines for its corporate headquarters. The lease contract qualifies as an operating lease in all terms except there is a bargain buy option.
Determine how a policy will change social welfare, changes in individual utility for high-income individuals are weighted more heavily.
In what respect is the economic decision to move across international borders an investment decision and what are the "twin" problems of the health care industry as viewed by society? How are they related?
The particular index that you will compare to the Thumbtack measure is Forbes-overall . You are to include your index along with the five X variables suggested by the authors of the report of the Thumbtack survey.
Discuss why would cash transfers typically be preferred by recipients over in-kind transfers? What are the pros and cons of each from a government perspective?
The great philosopher Rogers once said that you need holding knowledge (H), folding knowledge (F), and economics knowledge
Delineate which market participants you believe benefited from the final court decision and whose interests were harmed.
Determine how velocity is affected by an increase in real income (Y), an increase in the nominal interest rate, and an increase in the price level.
Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
Draw a standard supply and demand diagram which shows the demand for new housing units that are purchased each month, and the supply of new units built and put on the market each month.
What happens to consumer surplus and what happens t o the economic profits earned by Widget Corp.?
Assume you are a stock market analyst specializing in the stocks of theme parks, and you are analyzing Disneyland's stocks. The Wall Street Journal reports that tourism has slowed down in the US.
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