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Methods of Analysis
How does model analysis compare to cost benefit analysis regarding transportation planning? What political elements are involved with transportation planning for cities? Would you recommend a single method of analysis or a combination of methods of analysis for transportation planning? Why? Lastly, discuss the nature of allocating funds derived from the public budget. Why is there considered to be a ‘lack of consensus’ regarding the public budgeting process?
The Pilot Pen Company has decided to use 15 test markets to examine the sensitivity of demand for its new product to various prices, as shown in the following table. Advertising effort was identical in each market. What is the price elasticity of dem..
Suggest the substantive manner in which a low-calorie, frozen microwaveable food company could create a convergence between the interests of stockholders and managers. Indicate the most likely impact to profitability of such a convergence.
State and Local Governments in this country use sales taxes as means of generating revenue. In other countries, a value added tax (VAT) is used to generate Government revenue. Please explain the difference. In your opinion, which tax system is most e..
Using the following table, compute the 95% confidence intervals for the expected annual return of the four different investments.
If the company will sell the number of units obtained in part d and wants to maintain the same profit as last year, what will its new price have to be.
Within the balance of payments, if the current account has a deficit of US$2.2billion, the capital account
Suppose a bank will pay you a 10% interest rate on your deposits for 1 period. In this case you must sacrifice $10 of current consumption to finance. One thousand dollars given to you a year from now is worth __________ to you today if the relevant d..
The spot price of oil is $110 per barrel and the cost of storing a barrel of oil for one year is $3.25, payable at the end of the year. The risk-free interest rate is 6% per annum, continuously compounded. What is an upper bound for the one-year futu..
Explain how a price increase could be better for society than not raising the price of a product or service. Why does central planning not work efficiently?
Maximizing profit for an economist is:
A local supermarket lowers the price of its vanilla ice cream from $3.50 per half gallon to $3. Vanilla ice cream unit sales increase by 20 percent. The store manager notices that the unit sales of chocolate syrup increase by 10 percent. What is the ..
A 10-year $20,000 savings bond with a coupon rate of 8% payable quarterly has what present worth if the purchaser anticipates a 10% quarterly rate of return?
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