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Suppose that Bank One has deposits of $1200, bank capital of $100, reserves at $120 and loans at $1180. What is the maximum write down in the value of the bank's loans that will keep bank capital from falling below $25?
Suppose you are a manager of a watch making firm operating in a competitive market. Your cose of production is given by C = 100 + Q2, where Q is the level of output and C is the total cost. The marginal cost is 2Q. The marginal cost of production is ..
Drawing on current business publications, find out some updated facts for each case that support this theme.
After reviewing the Scopes Trial Website, which document/argument do you believe best sums up the anti-evolutionists' position? Which document/argument do you believe best sums up the evolutionists' position? How does each side see the other?
The only two goods that give Bart utility are soap and calculators. When calculators cost $8 each and soap costs $2 per bar, his optimal consumption bundle is 8 bars of soap and 4 calculators. What is his income? Now the price of soap rises to $3 and..
(a) Define the inflation rate. (b) Explain how the CPI differs from the PPI, as a measure of the U.S. inflation rate. (c) Why is inflation risk a business management risk?
List the four principles of effective intervention in criminal justice in sequential order. What do principles mean and do they work? If so why or why not.
"Grocery stores and gasoline stations in a large city would appear to be examples of competitive markets: there are numerous relatively small sellers, each seller is a price-taker, and the products are quite similar." How could we argue that these ma..
A wealthy patron of a small private college wishes to endow a chair in mathematics with a gift of G thousand dollars. Suppose the mathematician who occupies the chair is to receive $150 thousand dollars per year in salary and benefits. If money costs..
Suppose you are faced with demand P=10-.2Q and your current production (supply) is 10. What price should you charge to sell all your product? (Show your work)
What will be his economic profit. How much consumer surplus is generated each day at this price. Illustrate what is the socially efficient number of portraits.
Elucidate why labour force participation rate for two groups might differ. Why might human capital choices differ between selected groups.
How does the change of consumer and producer surplus compared to the tax revenue.
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