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Word-of-mouth Book sales. Consider a publisher who earns a profit of $2 per book sold. An advertisement that cost $340,000 would sell 100,000 books directly. To make the advertisement worthwhile, how many of the original buyers must each persuade just one other just one other to buy the book?
q1. illustrate what are the implications of savings and population growth at steady a state in the solows neoclassical
Draw the demand curve Q = 200 – 10P. Calculate the price elasticity of demand at prices of $5, $10, and $15 to show how it changes as you move along this linear demand curve.
If you were the Prime Minister of the United Kingdom, in terms of cultural identities. What do citizens of your country (united kingdom) have in common with the migrants? Is there pressure (economic, political, religious) on your to accept migrants i..
Jane obtains utility W1/2 from wealth W. Jane has $100, but there is a 25% chance she will require surgery which costs $64. calculate the expected value of Jane's wealth. calculate Jane's expected utility. what is Jane's certainty equivalent?
Stock R has a beta of 1.0, Stock S has a beta of 0.55, the expected rate of return on an average stock is 13%, and the risk-free rate is 7%. By how much does the required return on the riskier stock exceed the required return on the riskier stock exc..
Why doesn't the United States just give its chop surpluses to poor countries? What problems might such an approach Crete? If two-third of all U.S. farms fail to earn a profit, why do they stay in business? You need a government permit (allotment) to ..
A firm has the following relationship between the number of employees it has (E) and its daily output: Employees (E) output APE MPL VMPE 0 0 1 50 2 60 3 68 4 74 5 78 6 80 In the table above, calculate and enter the average products of labor (APE).
Studies indicate that the price elasticity of demand for beer is about 0.9. A government policy aimed at reducing beer consumption changed the price of a case of beer from $10 to $20. According to the midpoint method, the government policy should hav..
Assume that the company's is considering a merger. The possible merger currently faces some threats and that the industry decides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new sc..
What are equilibrium price and quantity? Suppose actual prie is $92, What is quantity and supply demanded at this price? At price of $92, wil there be a shortage or surplus? What is the amount of this shortage or surplus?
An alternative requires $60000 to be paid over the course of year 1, $75000 over year 2, and $40000 over year 3. All values are in constant dollars. Using the tables in the chapter, compute the NPV of this alternative.
Describe some healthcare situations in which an agent has taken advantage of the principal. Then describe some healthcare transactions that have not taken place because of fears about asymmetric information. Identify some ways that nursing homes can ..
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