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What is the total compensation for the three highest paid officers for Walmart last year(including the value of stock options and other benefits)?
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A manufacturer has paid an engineering firm $200,000 to design a new plant, and it will cost another $2 million to build the plant. In the meantime, however, the manufacturer has learned of a foreign company that offers to build an equivalent plant f..
What are some of the goods you purchase in your life for which your demand is most elastic? Why? What are some of the goods you purchase in your life for which your demand is highly inelastic? Why?
Consider an industry with two firms (duopoly) the produce a homogenous product (same product). The two firms strategically choose their price (price is the choice variable, not quantity). Note, this is a Bertrand duopoly setting. Use your knowledge o..
You are determined to have at least one million dollars on the day you retire. How much will you need to save each year over the next 40 years of your career in order to meet this goal of$1,000,000 assuming you put you money into an account that aver..
Nominal interest rates are quoted at a variety of maturities, corresponding to different lengths of loans. For example, in late 2004 the U.S. government could take out ten year loans at an annual interest rate of a bit over 4 percent, whereas the ann..
Describe the goals of the factory owners? Describe the goals of the employees? Describe the problem caused by the scarcity. What is the price of a life.
Who has more information in the job market: the job seeker or the potential employer? Why? What information does one person have that the person does not? "All our projects are discounted at the same interest rate," says the treasurer of a large comp..
Consider the production function q=4L^.3K^.8. In the short run, assume K=5. Derive formulas for Total Product, Average Product, and Marginal Product. Graph these three functions.
Look at the two tables below. What is the total surplus if Bob buys a unit from Carlos? If Barb buys a unit from Courtney? If Bob buys a unit from Chad? If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactio..
According to Haskel and Sadun(2009), the United Kingdom started regulating the size of grocery stores in the early 1990s, and today the average size of a typical U.K. grocery store is roughly half the size of a typical U.S. store and two-thirds the s..
Explain the behaviour of economics and how its support and criticizes veblen theory (minimum 300 words) please.
When is international trade an opportunity for workers? When is it a threat to workers? What is meant by the term industrial policy? How do governments attempt to create comparative advantage in sunrise sectors of the economy? What are some of the pr..
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