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Assume that a grower of flower bulbs sells its annual output of bulbs to an Internet retailer for $80,000. The retailer, in turn, brings in $125,000 from selling the bulbs directly to final customers. What amount would these two transactions add to personal consumption expenditures and thus to GDP during the year?
a. If the bond market is efficient, what is the market price of the bond expected to be in one year b. Suppose the bond issuer increases the coupon payment during the year to $30, with the same interest rate and the same current market price, what..
the operation and maintatenance expenses 450 per year additionally , the hourly fuel expense for running the turbine is 7.5 dollar per hour and the turbine expected to operate 3000 hours eaach year . the cost of dismantling and disposing the turbi..
Suppose you are designed a new computer and want to make sure it is optimal for your needs. Random Access Memory can be added to your computer at a cost of $100 per gigabyte. For you the benefit of the first gigabyte of RAM is $800, and the benefi..
Initally, the population of Cape Despair is constant and real GDP per hour of labor is at the subsistence level of $15. Then a technological advance shifts the production function upward by 50 percent at each level of labor.What are the initial le..
you borrow $120,000 with a 30-year term at a 9% (APR) variable rate and the interest rate can be changed every 5 years. a) what will the initial monthly payment b) if the leader's interest rate is 9.75% (APR) at the end of 5 years, what will the new ..
A clinic uses doctors and nurses optimally and is servicing the maximum number of patients given a limited annual payroll. The last doctor hired treated 1,600 extra patients in a year, while the last nurse hired treated 1,000 extra patients in a y..
When the colts won the super bowl the demand for peyton manning's jersey was: P = 210 - 0.002Q with a corresponding marginal revenue of: MR = 210 - 0.0004Q IF the marginal cost of producing a jersey is $10, how much are the trademark licensing rig..
A researcher is interested in estimating the salary of management majors. it is known that the population of salary offers is normally distributed with a standard deviation of 4(in thousands of dollars). the sample yields a sample mean of 50. 1. c..
The university is selling bonds to cover the cost of a new power plant for UAF. The face value on the bonds is $100 million and is to be repaid in 10 years with coupons paid annually. There is a 15% chance the effective interest rate will be 5%, 2..
The subway fare in your town has just been increased from a current level of 50 cents to $1.00 per ride. As a result the transit authority notes a decline in ridership of 30 percent. a) compute the price elasticity of demand for the subway rides.
The price elasticity of demand for imported whiskey is estimated to be -0.20 over a wide interval of prices. The federal goverment decides to raise the import tariff on foreing whiskey, causing its price to raise by 20%.
consider the following short-run production function ( where L= variable input, Q = output): Q = 10L - 0.5L(squared) suppose that output can be sold for $10 per unit. also assume that the firm can obtain as much of the variable input (L) as it nee..
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