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Explain how the profit maximizing price and quantity of resources in factor markets under perfect competition are determined by marginal analysis.
Smith likes cashews better than almonds and likes almond better than walnuts. He likes pecans equally as macadamia nuts and prefers macadamia nuts to almonds. Pecans or walnuts?
Using MACRS depreciation, a marginal tax rate of 42%, and an interest rate of 12%, determine the EAW of the product. (Answer: -$1512)
Fred told his friend Flintstone that she is very fortunate as the slow-down in the economy has not decreased sales in her grocery store by much compared to sale
q.please use this discussion board to describe the events that characterized the onset and deepening of the financial
Freemont insurance sells homeowners insurance. In a recent financial review, managers discovered that company performance was lagging behind projections. Does this group have enough information to make a good decision? Suppose adverse selection is at..
What is the firm's WTP for land and its bid rent per hectare the following distances from the beltway:
Peter Evans emphasizes that states have to play specific roles in order to promote economic development. According to him what are the roles of the states in economic development? Explain and discuss. Compare Evans’s arguments with the neoliberal the..
Describe some of the conflicting social, economic, and environmental costs, benefits, and issues associated with construction of the Three Gorges Dam.
If the price of a good increases from $20 to $25 and the quantity demanded of a good decreases from 100 to 90, what is the elasticity of demand? Is the demand elastic, unit elastic, or inelastic? Use the midpoint method. Round to the nearest hundredt..
Pack-Em-In Real Estate is building a new housing development. The more houses it builds, the less people will be willing to pay, due to the crowding and smaller lot sizes. Determine how many houses Pack-Em-In should build to get the largest revenue. ..
Which investment has a higher rate of annual cash return? Investment A: $1,000 bond with a coupon rate of 4 percent selling for $1,200 or Investment B: $1,000 stock with a P/E ratio of 10 that pays out half its profits in dividends.
What do economists mean by the demand for money? What is the advantage of holding money? What is the disadvantage of holding money?
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