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What were some of the problems with the communist system, and why was the switch to a market economy expected to lead to increased incomes?
consider a monopolist facing the market demand p=100-2q. Marginal cost equals to 10; How many unit will t produce At what price Compute and identify in a graph: monoplist profit, consumer surplus and deadweith loss.
Liz Taylor bought some farming lands for $100,000 five years ago. She sold the property this year for $500,000. If the annual inflation rate for the past 5 years has been at 6%, compute the after-tax real interest rate for this investment.
in a local market the monthly price of internet access service decreases from 30 to 20 and the total quantity of
Suppose an investment can yield three possible cash flows with their probabilities given in the parentheses: $600(p=0.5); $-100 (p=0.2) and $800 (p=0.3). a) Compute the expected value and the standard deviation of this investment. Is this investmen..
A young engineer wishes to become a millionarie by the time he is 60 years old. He believes that by careful investment he can obtain a 15% rate of return. He plans to add a uniform sum of money to his investment program each year, beginning on his..
Write down the conditions that characterize the world equilibrium when this condition is not satisfied.
Discusses changes in market structure, such as quantity and skill level of labor supply and quantity and quality of raw materials used in the production process
Notifying the recipients that second requests will be mailed if they fail to respond in a timely manner.
Workers are paid $50 per unit, per unit capital cost are $10, and your window sells for $5 each. Please optimize the human resource and production decisions. Do anticipate earning a profit or loss? Explain carefully.
A Taiwan electronics corporation exports personal computers to the United States Their PC sales over the past five years are following:
If my income increases by 10%, then quantity of public transportation demanded drops by 5%. I can say that income elasticity of my demand for public transportation is negative and that public transportation is a normal good.
Over the next three years, a firm is expected to earn economic profits of $120,000 in the first year, $140,000 in the second year, and $100,000 in the third year. After the end of the third year, the firm will go out of business.
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