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Junior likes driving fast. When he goes to work he drives 70 mph on a road whose 50 mph. By doing this, he lessens his trip to and from work by 20 minutes. If over speeding by 10 mph results in the probability of dying in one hour to be 1 in 400,000, use the Jones-Lee approach to estimate Junior’s value for his life if he makes $90 per hour. What if the probability of dying is 1 in 5,000,000?
The U.S. cigarette organization has negotiated with Congress also government agencies to settle liability claims against it.
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both.
If one defines incremental cost as the change in total cost resulting from a decision, and incremental revenue as the change in total revenue resulting from a decision, any business decision is profitable.
Show how the transaction would have been recorded in the German balance of payments accounts. What was the net effect on the German balance of payments.
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's.
Illustrate what is the relationship among a firm's total income, profit also total cost?
Using human capital theory elucidate what these dangers are. While there may be good reasons for heavily subsidizing university education, there are also some dangers in it.
Decreasing returns to scale refers to a situation where an increase in a firm's scale of production leads to lower costs every unit produced.
The company rents roller cutters and crimping machines for $16 per hour, and the marginal product of capital is 100 rollers per hour. Illustrate what do you think the previous manager should have done to keep his job.
n the short run, a firm's total costs of producing the hundredth unit of output equal $10,000. If it produces one more unit, its total costs will increase to $10,150. What is marginal cost of the 101st unit of output.
If your employees are self-interested, how much output would you expect each individual worker to produce absent monitoring.
how fiscal policy can ‘stabilize' economy. What about government borrowing and public debt.
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