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Write a two to three (2-3) page paper in which you:
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In January 2014 the price of a 2014 Buick was $20,000 and 50,000 units were sold. At October 2014, the price of a 2014 Buick dropped to $18,000 and 60,000 units were sold. Identify what has happened in the market for Buicks in the context of demand.
Using the book called "The Mutual Fund Business" by Robert C. Pozen. What is the difference between alpha and beta risk? Which one can be reduced through diversification? What factors drove the growth of the fund industry from the mid-1980s until the..
Aerotron Electronics is considering the purchase of a water filtration system to assist in circuit board manufacturing. The system costs $40,000. What is the internal rate of return of this investment? What is the decision rule for judging the attrac..
What, if anything, do you think should have been done differently with regard to the financial crisis of 2007–2009? Your response may focus on the mortgage industry, the Federal Reserve, the regulatory agencies, or a combination of the three. You may..
q1. a plant has a capacity of 4100 hydraulic pumps per month. the fixed cost is 504000 per month. the variable cost is
When a tax is levied on a good or service, the following will happen:
You are the marketing manager for XYZ Corp. You have this regression result for your product: Q = 2000 - 3.S*P + 1 .2*1. Right now, your price is 10, and the average income of your customers is $30,000. Compute income elasticity? Is your good a norma..
What is classical dichotomy?
Production and Costs: Consider the following Cobb-Douglas production function for YumYum Yogurt: Q=(L^0.2)*(K^0.5) Intuitively, why are Cobb-Douglas production functions more appropriate representations of reality than, say, linear production functio..
Suppose it is 1905 and you are a buggy whip manufacturer. You hear a commotion outside and learn that a gas operated machine (car) had frightened a horse drawn carriage. You then look at your inventory of leather buggy whips and say to yourself (expl..
Give two reasons why the marginal cost curve is upward sloping. You will want to use a graph(s) as part of your answer. Be sure to explain in words what your graph(s) are showing.
Your firm is one of 100 identical firms operating in the short run in a perfectly competitive market. Your total cost function (short run and long run) is C = 800 + 25 q + 0.5 q2, and your marginal cost function is MC = 25 + q. The (short run and lon..
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