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Given the following information, calculate the over-target share ratio: Optimistic Cost Estimate: $800,000 Optimistic Profit: $200,000 Target Cost Estimate: $1,000,000 Target Profit: $150,000 Pessimistic Cost Estimate: $1,250,000 Pessimistic Profit: $75,000 90/10 10/90 70/30 25/75
Two countries, X and Y, satisfy the Solow model with α = 1/3 and productivity A=1. In Country X, investment is 54% of GDP and the population grows at 1% per year. In Country Y, investment is 8% of GDP, and the population grows at 3% per year. In both..
You would like to have $ 50000 in 15 years. To accumulate this amount you plan to deposit each year an equal amount in the bank, which will earn 7 percent interest compounded annually. Your first payment will be made at the end of the year. How much ..
What is the cause of the high unemployment rate? One side says there is not enough government spending. The other says it's a structural problem--people who can't move to take new jobs because they are tied down to burdensome mortgages or firms that ..
Identify the nature of resource cost structure and the practical significance of different costs and explain the factors influencing optimum size and the significance of demand and supply relationships;
Endowment effects. Surveys and experiments reveal that people sometimes demand much more to give up something that they have than they would be willing to pay to acquire it. To illustrate, contrast a situation in which people have an opportunity to “..
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. Give the profit after calculating the profit-maximizing price and quantity. ..
The marginal factor cost curve for a monophony: The marginal factor cost curve for a monopsony: Which of the following Lorenz curves is closest to the diagonal line?
Many hotel chains that offer free Wi-Fi service to their customers have experienced increasing demand for Internet bandwidth and increasing costs. Perform a test to see whether the proportion exceeds 0.60. (The critical Z-scores for a left tail test ..
Pretentious that yields for each stock are around generally distributed, with which investment strategy do you have the smallest chance of losing money?
When thousands of products and their prices are at stake, does it make sense that comparative advertising at the store level be permitted? Based on what you read and any further research you choose to do, has Wal-Mart competed fairly with its compara..
Explain how much is saved at equilibrium. If savings fell by $200 at every level of GDP, illustrate what would be equilibrium level of income.
A more serious problem with input-based pay systems (e.g., a wage her hour), relative to an output--based system, is:
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