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Real Estate Agents Assignment
When real estate agents sell their own houses, rather than clients' houses, they leave the houses on the market much longer and end up with much higher prices. Real estate agents' houses are on average on the market 10 days longer than clients' houses. The selling prices of real estate agents' houses are on average 2% higher than those of clients' houses. Explain this phenomenon. The length of the answer is one page double-spaced.
For each of the following activities, please state "yes" if this activity should be included in the year 20016 Gross Domestic Product for the United States or "no" if this activity should not be included in the year 20016 Gross Domestic Product for t..
Does one who kills another "deserve" to die? Why or why not? Are there circumstances that would change your answer? Make two lists (perhaps using a table with two columns). Calculations of the likely consequences of assigning that particular penalty ..
Suppose that a stadium can hold 60,000 people instead of 30,000. If "W" seats are allocated to Wiffle supporters, each can be sold for 20-W/2000. And if "M" seats are allocated to Masher supporters, each can be sold for 24-M/3000. What division of se..
Public relations practitioners routinely inform top management of issues and situations that could escalate. The corporate culture and attitude of management have a lot to do with how executives respond to these warnings. Ethical issues often provide..
A company is considering a new bottle-capping machine. The initial cost of the machine is 300,000 SR and it has a 20 year life. Yearly maintenance cost is estimated to be 15000 per year. The machine required a major overhaul costing 50000 at the end ..
Carlise company has been cited and must invest in equipment to reduce stack emissions or face epa fines of 18,000 per year. An emision reduction filtyer will cost 75,000 and have an expected life of 5 years. Carlisles MARR is 10 percent/year. What is..
In 1800, the federal bureaucracy was relatively small with only a few thousand employees. Describe how the bureaucracy grew from a few thousand employees to the size it is today. Also, discuss how the bureaucracy is organized and how government emplo..
A new six-speed automatic transmission for automobiles offers an estimated 3?% improvement in fuel economy compared to traditional four speed transmissions in front-wheel drive cars. If a four-speed transmission car averages 26 miles per gallon and g..
Using the concepts of marginal utility and marginal cost, discuss the nature of the inefficiency in each of the following cases: an arrangement that offers relatively little coffee and much tea to people who prefer coffee and does the reverse for tea..
A monopoly is a market in which one firm sells a good or service that has no close substitutes and a barrier blocks the entry of new firms. In addition, as noted in “Are Microsoft’s Prices Too High?", Microsoft’s prices are too high in the sense that..
As discussed in the course, the U.S. Economy passed through what has now come to be known as 'The Great Recession'. The government and the Federal Reserve responded with different fiscal and monetary policies. Identify these Monetary and Fiscal polic..
Suppose that in 1984 the total output in a single-good economy was 7,000 buckets of chicken and the price of each bucket of chicken was $15. In 2005 the price per bucket of chicken was $20 and 23,000 buckets were produced. Determine the GDP price ind..
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