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Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it in inventory for a possible future product and estimates that the reservation value is $250,000.
Your dealings on the secondhand market lead you to believe that there is a 0.4 chance a random buyer will pay $300,000, a 0.1 chance the buyer will pay $400,000, and a 0.25 chance it will not sell. If you must commit to a posted price what price maximizes profits?
suppose you earn 14 an hour and every day you go to lunch at your favorite restaurant cafeacute excel where you spend
analyze the short run and long cost functions for the low-calorie microwaveable food company given the cost functions
In a diagram, show how the central bank maintain the par value of an under-valued exchange rate in a fixed exchange rate currency regime. Provide a short explanation.
describe the business and explain the general pattern of change of the particular market model indicating how this
Discuss the prospects for demand for the kind of automobiles manufactured by Hyundai in two countries: China and Turkey.
What is meant by rationality Consider the three "systematic mistakes" discussed in your text. What are the costs of making those "systematic mistakes" Is it possible to act "irrationally," or is rationality defined by the individual's approach to ..
The utility function of a consumer is given by U = log(b) + log(c) where b and c are the consumption levels of barley and corn. Assume that the price for both goods is $1 and that the consumer has an income of $100. Assume that the government introdu..
Two variables have a correlation coefficient equal to -0.65 from a sample size of 10. Which one of the following statements describes the results of the hypothesis test that the population correlation coefficient is less than zero using a = 0.05?
Are there other Nash equilibria of this game?
How would you expect each of the following factors to affect the natural rate of unemployment?There is an increase in the rate of technological change
The buyer wants to have an interest rate profit of 8% compounded semiannually
Some politicians have suggested that the United States enact a constitutional amendment requiring that the Federal government balance its budget annually. Such an amendment, if strictly enforced, would force the government to enact a contractionary f..
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