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Question: 1. Can you think of some different alternatives that Rice's board might consider for controlling the $4 million deficit?
2. Describe a decision that you have had to make recently that was difficult. What were the major issues? What were your alternatives? Did you have to deal with uncertainty? Were there important trade-offs to make?
3. "Socially responsible investing" first became fashionable in the 1980s. Such investing involves consideration of the kinds of businesses that a firm engages in and selection of investments that are as consistent as possible with the investor's sense of ethical and moral business activity. What trade-offs must the socially responsible investor make? How are these trade-offs more complicated than those that we normally consider in making investment decisions?
How and why is the effectiveness of monetary policy dependent on the elasticity of the IS curve?
Time reported the results of a telephone poll of 800 adult Americans (600 of them were nonsmokers) who were asked the following question:"should the federal tax on cigarettes be raised by dollars 1.25 to pay for health care reform?"
What total output must the cartel produce in order to maintain this price and to what output will an individual firm be restricted if this price is to be maintained?
for commercial banks in each state the u.s. federal deposit insurance corporation has determined the percentage of
Why do you think consumers respond to the "Buy One Get One Half Off" sales promotion and what principle of economics does this behavior reflect?
Write down the Lagrangean function associated with this problem and derive the first-order conditions for this problem.
Salvage values can be ignored. During the first 10 years, the average use of water will be less than during the remaining 30 years. Use the conventional benefit-cost ratio method to select the more economical plan.
Q1. There are two firms (firm 1 and 2) competing in quantity. Firm 1 and 2 set their quantities supplied, q1 and q2, respectively. The production costs are zero.
A bank currently has $70,000 in deposits, $6,000 in cash in the vault, $12,000 on deposit with the Fed, and $7,000 in government securities. The needed reserve ratio is 20 percent. Answer these questions: What could keep the expansions from happening..
Explain what is meant by inflation and deflation, clearly distinguish between the two terms. Explain the problems associated with inflation.
What is the slope of the production possibility frontier for this country - Does the production possibility frontier for this country represent increasing, decreasing or constant opportunity cost?
Suppose that a firm's production function is given by the Cobb-Douglas function q= (K^a)(L^ß) and that the firm can purchase all the K and L it wants in competitive input markets at rental rates v and w, respectively.
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