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If an employee is transporting company materials and gets into a car accident, should the company be held responsible and liable for any damages? Would your stance differ depending on if the employee were on or off the clock?
Select two or more news articles related to the current level of interest rates, and analyze the issue using the economic concepts and theory learned in this class. Develop a 4 to 5 page double-spaced paper that advocates a position on whether there ..
The U.S. money supply (M1) at the beginning of 2000 was $1,148 billion broken down as follows: $523 billion in currency, $8 billion in traveller’s checks, and $616 billion in checking deposits. Suppose the Fed decide to reduce the money supply by inc..
Explain in detail why it is important that prices are flexible in our economy? What are the implications if the government started to control prices for products, how would this influence buying?
France exports about 18 percent of its GDP, neighbouring Belgium exports 46 percent. What areas of economic policy are likely to be affected by such variations in exports?
Illustrate what is the net current value of a project that requires a $100 investment today and returns $50 at the end of the first year and $80 at the end of the second year? Assume a discount rate of 10%.
Jessie Romero offered to deliver two trade in vehicles- a 2003 Mitsubishi Montero and a 2002 Chvrolet Silverado pickup- to Scoggin-Dickey Chevrolet Buick, inc,. in exchange for a 2006 Silverado pickup. Scoggin-Dickey agreed. did the dealership have ..
Consequently, the firms’ top accountants and financial manager argue that the firm should raise the price of the product 10 percent above its original target to help recoup some of these costs. Does such a strategy make sense? Explain carefully.
Assume some pencil workers switch to jobs in the growing computer industry
Offer one good or service that you think would be considered highly price elastic ,one that you think is highly inelastic and Elucidate why.
A study of the costs of electricity generation for a sample of 56 British firms in 1946-1947 yielded the following long-run cost function: Determine the long-run average variable cost function for electricity generation. Determine the long-run margin..
Spacely Sprockets' short-run cost curve is: C(q, K) = + 15K, where q is the number of Sprockets produced and K is the number of robot hours Spacely hires.
Suppose a wage increase from $25 to $27 an hour increases the number of job applicants from 52 to 66. Illustrate what is the price elasticity of labor supply.
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