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Create a list of 2 separate manufactured brands for automobiles and list the different makes and model for those brands. Write the analisys the manufacturer would offer the different chiuce to costumer?
Twenty-seven amendments have been added to the U.S. Constitution. Obviously, all are important, in their own way. However, you will select three amendments, and in a minimum of three paragraphs, you will discuss why you believe each of these amendmen..
An economy has $90 to divide between Katherina and Bianca. Katherina’s utility function is. Which allocations of $90 are exchange efficient? Calculate the allocation that maximizes utilitarian welfare. Calculate the allocation that maximizes Rawlsian..
Suppose the growth rate of the firm's profit is 5 percent, the interest rate is 6 percent, and the current profits of the firm are $80 million. What is the value of the firm?
What is the marginal utility of good Y? Suppose Jane has an income of $800. The price of good X is $10 and the price of good Y is $20. As Jane moves down an indifference curve, what happens to the marginal utility of good X (increase, decrease – assu..
Using diagrams for aggregate expenditures (AE) and aggregate demand and supply (AD-AS), show the short run effects each of the following scenarios has on the relevant economy. Be sure to identify the cause of any shift or movement along AE, AD, and/o..
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =7.07 %, Annual cash flow increases 20% each year, The first year value is $58 and the series is 8 yrs long. Present your answer with 2 decimal pla..
If monopolistically competitive firms are making positive economic profits, then new firms would:
Alchemy allows the other firms to sell as much as they wish at the established price and supplies the remainder of the demand itself.
Consider the statement, “Monopoly power comes from market acceptance, not from a patent, a prettier product, a slick advertising campaign, or anything else. So rather than spend your time in court, you should be out there drumming up business.” Do yo..
An article in the Wall Street Journal reported that large hotel chains, such as Marriott, are tending to reduce the number of hotels that they franchise to outside owners and increase the number the chain owns and manages itself. What type of agency ..
"Neither monetary policy nor fiscal policy alone can be effective in formulating sound economic policies for recession." Do you agree or disagree? The question seems to be suggesting that both should be used at the same time. Can you find reasons to ..
A certain machine will cost $50,000 to purchase, will have a six-year life, and $5,000 salvage value. It will be updated in year 4 at a cost of $15,000. Its annual operating cost is expected to be $30,000 per year. At an inflation rate of 5% per year..
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