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During 1997, stock markets in Asia collapsed. Hong Kong's was down nearly 30 percent, Thailand's was down 62 percent, and Malaysia's was down 60 percent. Japan and Korea experienced big drops as well. What impacts would these events have on the economies of the countries themselves? Explain your answer. In what ways would you have expected these events to influence the U.S. economy? How might the spending of Asians on American goods be affected? What about Americans who have invested in these countries?
What effect would a 30 percent reduction in the number of new homes completed have on Mapco's sale.
Now suppose that management believes the probability of weak demand in 2009 is 25% and the probability of strong demand is 75%. Using mean-variance analysis, explain which level of output should be chosen.
Show that a specific tax of $3.70/unit generates the same revenue as a 20% ad valorem tax
Illustrate what is the market elasticity of demand. What is your elasticity of demand in this Cournot oligopoly.
There is no uncertainty about the future. The consumer needs to save an amount this year that will allow her.
Why anyone would pay a positive price for a CBOT or NYSE seat and what this price represents. Second, explain why the seat values have changed so much in recent months.
Illustrate what is the marginal revenue from selling another book for the author. Explain how does it compare to the marginal revenue
When you retire, you will combine your money into an account with a 9 percent return. How much can you withdraw each month from your account assuming a 25-year withdrawal period.
illustrate what dollar amount will the profit margin.
Will the brothers gain if they specialize. Illustrate your answer with an example.
What is the difference between a change in the quantity supplied and a shift in the supply curve.
As she will be in a lower tax bracket. As her financial advisor, which option do you recommend.
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