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On April 1, 1996, Taco Bell, the fast-food chain, ran a full-page ad in the New York Times with this news: "In an effort to help the national debt, Taco Bell is pleased to announce that we have agreed to purchase the Liberty Bell, one of our country's most historic treasures. It will now be called the Taco Liberty Bell and will still be accessible to the American public for viewing. We hope our move will prompt other corporations to take similar action to do their part to reduce the country's debt." Would such actions by corporations actually reduce the national debt as it is now measured? How would your answer change if the government adopted capital budgeting? Do you think these actions represent a true reduction in the government's indebtedness? Do you think Taco Bell was serious about this plan?
An Industrial machine was purchased for $500,000 and and additional $50,000 was required for site prep and installation labor. The freight for the delivery was $10,000. The company received a trade in allowance of $75,000 on an old machine which had ..
q1. consider the following market demand and supply curves.p9 .4 qsp30 - .3qdwhere p is the price per unit in dollars
Using the results obtained in part (b) and part (c), derive the monopolist's short-run profit-maximizing level of output.(e) Determine the price charged by the profit-maximizing monopolist and the amount of profit earned.
A CEO's pay rose 25% over the 2001-2002 period even though his firm's ROA fell 12% and the stock return fell 10% over the same period. Discuss why this may NOT represent an obvious example of CEO overpayment (try to provide at least two strong reason..
If the demand for a good increase at the same time as the supply of the same good decrease, what will happen to the equilibrium price and quantity of the good? Please draw a graph to go with your answer.
Engineers at a national research laboratory built a prototype automobile that could be driven 180 miles on a single gallon of gasoline. They estimated that in mass production the car would cost $40,000 per unit to build. The engineers argued that Con..
Unemployment occurs even during periods when the economy is growing. An increase in wages will shift the supply curve up and to the left. A decrease in population would shift the demand curve to the left. An increase in demand will cause the equilibr..
reduce period-one taxes to t1 = 2 without changing either g1 or g2. If this policy change is enacted, is it possible to numerically calculate the amount of tax collections that the government will require in period two.
If a hurricane strikes Florida, and destroys 20 thousand pounds of oranges, what will the new equilibrium price and quantity be?
We know tastes and preferences play an important role in demand. Do you think of any possible future "popular product".
What is an option security? Describe the difference between a call and a put. Discuss the EMH. Describe the ‘strong’, ‘semi-strong’, and ‘weak’ forms of the EMH. Discuss what factors contribute the price of common stocks.
Danny’s Delights is a wholesale bakery. Danny makes a variety of baked goods which he sells to restaurants and grocery stores. His best-selling item is a peanut butter cookie. The recipe calls for 1 cup of peanut butter, 1 cup of sugar and 1 egg. The..
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