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How is it possible for some people to pay "negative" taxes?
Why is it important to distinguish between deficits and debt?
Why may a budget surplus be considered undesirable?
Analysis of Pricing: You manage MBA Deli which sells meals at a price of $6 each. The average number of meals sold per month is 7,000. MBA Deli would like to increase its sales and profits. The MBAs running the Deli, know that if price is lowered, th..
Assume a firm has production technology given by f(L,K) = L^1/3 K^1/3. Assume pK = 1 = pL and compute the firm’s short-run and long-run cost functions. Assume a firm has production technology given by.
Mayland Utilities has outstanding a bond issue that will mature to its $1,000 par value in 12 years. The bond has a coupon interest rate of 11% and pays interest annually. Find the value of the bond if the required return is 15%. Then tell if the bon..
Suppose the monopolist is regulated to charge a rate which covers all unit cost and total cost, what is this rate and how many units will the monopolist produce?
What is the short run average cost of producing 20,000 units?
Illustrate what is the relation between marginal benefit and marginal cost at this level of the control variable.
The value of cross price elasticity of demand between goods A and B is 0.75, while the cross price elasticity of demand between goods A and C is -1.38. Characterize A & B and A & C as substitutes or complements. Explain why this is the case.
Graham field health products make hospital beds and wheelchairs from component parts and materials it buys. it sells products to hospitals nursing homes and retailers of healthcare products. graham field health products operates in what kind of marke..
What he didn't foresee was that number of T-shirt stores in South Padre would jump from roughly 10 to 40 within two years. Now he laments.
What would you expect to happen to the domestic money supply as R and y both increase along a stable BB curve? Explain in intuitive terms what forces would tend to bring about such a change in the money supply.
To what degree does real GDP measure to health of an economy? How is it possible to make valid international comparisons of real GDP? Support your answer with examples.
In the aftermath of the global economic crisis that started to take hold in 2008, U.S. government budget deficits increased dramatically, yet interest rates on U.S. Treasury debt fell sharply and stayed low for quite some time. Does this make sense? ..
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