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What role do you think international trade and foreign investment can play in solving some of the problems identified in the big push model? In the O-ring model? What limitations to your arguments can you think of?
Microsoft sells three different programs in their office suite: Word, Excel and PowerPoint. Each has a marginal cost of $15. There are three types of con- sumers, writers, accountants and professor, who have the following values for the three diff..
Test the hypothesis that average nettfadoes not differ by 401(k) eligibility status; use a two-sided alternative. What is the dollar amount of the estimated difference?
When the price of ham is $7 per pound, John buys 3 fish per week. When the price of ham rises to $13 per pound, John buys 7 fish per week. Find the cross-price elasticity of demand for fish for John.
Shows the auditor where inherent risk may be the greatest.
Suppose that the European Commission asked you to develop a brief on behalf of subsidizing European soft-ware development-bearing in mind that the software industry is currently dominated by U.S. firms, notably Microsoft. What arguments would you ..
Consider the canonical model with log preferences, log(c1(t)) + β log(c2(t)), and the general neoclassical technology F(K, L) satisfying Assumptions 1 and 2 (see Chapter 2). Show that multiple steady-state equilibria are possible in this economy.
A monopolist has two types of customers. There are 100 of type A, who will each pay up to $10 for a single unit of the good, and 50 of type B, who will each pay up to $8. Neither is willing to purchase additional units at any price. If it must cha..
Assume that all cuts are made through defects and that such cutting removes the defect. Specify how to determine where to cut the cloth to maximize total value.
Using a combined interest rate per interest period (d) for computing present worth values (PW). What is the present worth of the $1,000,000.00. if the formula for d is d = i + f + (i × f) and the inflation rate (f)=2.3% and the interest rate (i) i..
Note a VAT is born by the purchasers of final goods and services as well. In 250 words and on the basis of tax efficiency and tax equity, would you prefer the U.S. government keep it's income and payroll tax structure or convert to a VAT system a..
The company has estimated its cost of capital to be 15%. Assume that the entire $75,000 is paid at time zero the beginning of the project. The marginal tax rate for the firm is 40%. Based on the net present value criterion.
Suppose you are a monopolist operating two plants at different locations. Both plants produce the same product; Q1 is the quantity produced at plant 1 and Q2 is the quantity produced at plant2.
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