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You are division manager at Toyota. If your marketing department estimates that the semiannual demand for the Highlander is Q = 100,000 – 1.25P, what price should you charge in order to maximizes revenues from sales of the Highlander?
Suppose the elasticity of U.S. exports with respect to the real exchange rate is very low
Consider the following interaction between two entrepreneurs (players 1 and 2) who are working on a joint project, and a venture capitalist (player 3) who is a potential investor in the project. First, player 1 decides whether to devote high or lo..
Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software.
Suppose the economy is on a balanced growth path in the Romer model, and then, in the year 2030, research productivity rises permanently to z ? > z. a) Solve for the new growth rate of knowledge and yt b) Make a graph of yt over time (on a ratio s..
A farm has 600 acres, andyou can plant either corn or soybeans (or both). An acre of corn gives $150 and anacre of soybeans gives $80. There are 2000 hours oflabor available; an acre of cornuses 4 hours and an acre of soybeans uses 2 hours. Formulate..
Explain how do you define social diversity and business ethics. How has a more diversified labor force affected the corporate structure and economy.
the European central bank euro area statistic for the most recent last-year period since the outburst of the global financial crisis. have their growth rates been similar what implications does this have for the conduct of monetary policy
Sara's income is $12 a week. The price of popcorn is $3 a bag, and the price of a cola is $3 a can. a. What is Sara's real income in terms of cola? b. What is her real income in terms of popcorn?
The minimum wage is used by governments as poverty fighting measure. The use of such means of creating equity among the masses does not always result in desired outcome.
In the diagram, add an indifference curve to illustrate the family's optimal bundle after receiving the SNAP card. Assume the family has homothetic preferences. Label this bundle with the letter H for homothetic.
Suppose you're an economic advisor in charge of trying to raise a maximum level of tax revenue for the government. You consider taxing the suppliers in the market for corn, a major agricultural product in the United States.
If the First Bank sells $10 million of its fixed rate assets and replaces them with ratesensitive assets, what is the income gap for the bank? What will happen to profits next year if interest rates fall by 3 percentage points?
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