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Imagine that in a certain economy, the average number of hours worked per week declined. How would you expect this change to affect per capita GDP? What about worker productivity?
Suppose you are offered the alternative of receiving either $3000 at the end of five years or P dollars today. There is no question that the $3,000 will be paid in full (no risk). Because you have no current need for the money, you would deposit the ..
Alco Metals just sold 2.5million shares through an IPO offering. The shares were offered at $25.50 a share and all shares were sold. The firm received a total of $67,250,000 for this issue. What was the spread? In a recent IPO, the Sausage Co. offere..
Suppose that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000. Suppose there are two types of individuals: those with $60,000 in the bank and those with $5,000 in the ban..
Linus has the utility function U(x1, x2) = x1 + 2x2. If the price of good 1 is $1 and the price of good 2 is 50 cents then Linus must consume equal amounts of both goods in order to maximize his utility.
What is the output of each firm if they collude to produce the monopoly output? What profit does each firm earn with such collusion.
Analyze 1800 Flowers as an international company and write a paper using these things. Discuss the five major kinds of drivers of globalization as it applies to 1800 Flowers. Analyze the basic needs potential for the markets of 1800 Flowers. Analyze ..
Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then:
The firms and workers in Bayernland form expectations rationally. The firms and workers in Realland form expectations adaptively. Their otherwise identical economies are initially in equilibrium at the natural level of output with 6 percent inflation..
Discuss how an organization benefits from operational planning, and how operational planning and budget planning are related. Explain how system thinking improves operation decision making.
Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.
Consider the market for laptop computers. The demand for laptops is Q = 1800 – 3P. Suppose the supply of laptops is given by Q = –200 +2P. What is the equilibrium price of laptops? What is the equilibrium quantity of laptops? What is the price elasti..
Suppose that each country has 100 workers and completely specializes in its comparative advantage. How many units of output of sippy cups and binkys will each country produce?
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