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Microeconomic
Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in making a decision to shut down?
If one kilogram of flour costs $2 in Canada, and 100 shillings in Kenya, what would Purchasing Power Parity predict the Kenyan shillingto be worth in Canadian dollars.
Opportunity Cost: What is the opportunity cost of your going to college? List components of the opportunity cost. Be sure to include all costs, including the value of what you might otherwise have done with your time (including forgone leisure tim..
Estimate the costs of operating the programme described above. Estimate the benefits in terms of increased productivity. Estimate the benefits from reduced sickness and absenteeism.
a university spent 1.8 million to install solar panels atop a parking garage. these panels will have a capacity of
You are considering selling your vintage 1969 convertible Volkswagen Beetle. If the car is in good condition, it is worth a lot; if it is in poor condition, it is useful only as scrap. Assume that your car is in excellent condition but that it costs ..
The economics department implemented a new grading policy, where the student's overall score is the minimum of the number of correct answers the student gets on two exams. The student's utility function is U(S, M)=S-[(1/2)A(M^2)], where S is the stud..
as tren dee apparels chief executive officer you decide to break into the competitive sweatshirt market. use the
For each of the following, draw a diagram that illustrates the likely effect on the market for eggs. Indicate in each case the impact on equilibrium price and equilibrium quantity.
for each year calculate the percentage change in the exchange rate and in net exports. are net exports generally rising
assume you purchased a corporate bond at its current market price of 850 on january 2 2002. it pays 9 percent interest
Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calculate your price elasticity of demand of widgets.
What are the conditions for an oligopolistic market? How would you explain the differences among these market structures? Identify which market structure your organization competes in and why you think so.
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