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You are given a free ticket to see the nike mens basketball team play for the league championship. The Spurs are playing on the same night and is your next-best alternative activity. Tickets to see the spurs cost $40. on any given day you would be willing to pay up to $50 to see the Spurs Play. Assume there are no other costs of attending either Game. Based in this information, the opportunity cost of going to the nike mens basketball game is (CHOOSE the BEST ANSWER)
a) $0 b)$10 c) $40 d) 50
Consider the two-period consumption model of borrowing and saving. Suppose Claire has an income of m1 today and m2 a year from now and can borrow and lend at the interest rate r. She chooses consumption levels c1 and c2 given her well-behaved prefere..
Consider a project that will bring in upfront cash inflows for the first two years but require paying some money to close the project in the third year.
Assume that in a private closed economy consumption is $240 billion and investment is $50 billion, both at the $280 billion level of domestic output.
Discuss the social and economic effects of colonization? How did it contribute the “Price revolution”? What were the main tenets of bullionism/mercantilism? What policies and events combined to bring an end to the Spanish hegemony?
Explain the “objective theory of jurisdiction.” How does it apply to an organization doing business within a foreign country?
A large electronics company is organized into mainly profit-center divisions. The components division and the consumer electronics division are profit-center divisions of the company. The components division produces individual chips and other electr..
Suppose the exchange rate between the U.S. dollar and the Mexican peso was $1 = 5 pesos. A can of Pepsi sells for $2 in Boston and 12 pesos in Mexico City.
q.a computer manufacturer developed the following demand curve.q - 700p 80i - 500s 0.01awhere p is the price of a
Economic theory would suggest that the profitability of an industry would be
Using your understanding of shifts in supply also demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part.
If Price elasticity of demand for restaurant meals is 2.27 and restaurant meals wants to increase slaes by 45% by illustrate what percentages would the price have to decrease to get the intended resualts.
What is maximum amount it would be worth to shareholders to elicit high CEO effort all time rather low CEO effort all time.
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