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1. Which region appears to have a comparative advantage in producing cut flowers: Colombia or California? Explain.
2. How have U.S. consumers of cut flowers been affected by the cutback in Colombian imports?
You are the CEO of a Fortune 500 company. You have two objectives: 1. invest $5 million cash on hand short term (overnight to one month); and 2. borrow $100 million for your firm’s working capital needs.
Illustrate what would be the new equilibrium price of hoods to the truck manufacturer.
q.investment and monetary policya the economist on the 7th may 2011 printed the followingas vietnams government appears
if sugar protectionism has the bad effects stated in the editorial, why dont congress and the president eliminate it?
A hospital bought digital imaging equipment annual payments of $243,000 per year over 8 years. if the interest rate is 13% what will the total amount paid for the equipment be at the end of the eighth year?
Illustrate what are the main determinants of the amount of excess reserves held by banks. Illustrate what is the primary determinant of deposits and the money supply in the long-run.
Pete borrows $10,000 to purchase a used car, He must repay the loan in 48 equal end –of-period monthly payments. Interest is calculated at 1.25% per month.
q. a firm in a purely competitive business is currently producing a 1000 unitday at a total cost of 450. if the firm
The consumer is indifferent between B and a lottery ticket with probabilities. Construct a set of von Neumann - Morgenstern utility numbers for the four situations.
Explain the economic effect of tariffs, nontariff barriers, and various forms of trade policies adopted by national governments.
show the new quantity demanded at that price as we did in class. Also, show that the new total revenue will be greater than then old total revenue.
Suppose the employees of Starbucks in China are paid 8 yuan per hour and a cup of coffee is priced at 8 yuan. If Starbucks is maximising its profit, a what is the value of marginal product of labour (VMPL) per hour of the last worker employed by Star..
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