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The XYZ corporation is currently producing 1000 units of output. The marginal cost of one additional unit is $10. The resulting marginal revenue from selling that unit is $12 is the firm maximizing profits? If not, should it produce more or less?
Assume you are currently working in a government job that pays$20,000/year and you have $40,000 in an account earning 10% interest. You have the opportunity to buy a fruit orchardthat produces $23,000/year in revenue for a price of $50,000.
What lessons can we infer from history around the efforts to enact National Health Insurance and/or Health Reform? What are the economic rationales for different types of government intervention in health care?
The demise of the U.S. auto industry would have a devastating impact on our national economy and specifically the economies of Michigan and Ohio.
Suppose for a moment that someone with legislative power decides to abolish Fractional Reserve Banking and passes a law that forces banks to only lend the money they own, that is M0. What would be the economy-wise implications of such a change in the..
Are these kinds of policies easy to implement in practice? How has globalization of production affected our ability to control pollution?
The purposes of assessing the consequences of these provisions for strategic decision making.
Savings Mart sells patio furniture. Sales are seasonal with higher sales in the spring and summer quarter and lower sales during the fall and winter quarters. Forecast Savings mart sales of patio furniture for each quarter of 2010
Nonmarket work includes time spent
Assume that b=1 and that initially the real interest rate is equal to the marginal product of capital at 4%. As well, assume that v=1/2 and that the inflation rate last period was 2%. If the housing bubble busting causes the share of output of invest..
A fleet manager must choose between two trucks to purchase for a company's fleet. The company will keep either truck for 4 years. Truck A costs $29,000 and has a market value of $16,000 after 4 years. Truck B costs $33,000 and has a market value of $..
The numbers on this spectrum represent the number of voters lying to the left of the number.
Define ex,I and ey,I to be income elasticities for goods x and y. Define sx and sy to be income shares for x and y.
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