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Select a specific activity or responsibility of the systems analyst. Define the purpose of the systems analyst and why it is important in the overall systems analysis process.
Suppose that sellers value a good car at $10,500 and a bad car at $5,500, and quality is not observed by the buyers. What is the highest price that risk-neutral buyers will offer for a used car if they ignore adverse selection when 60% of the cars ar..
A student spends all of her income on pizza and books. When pizzas cost $3 each and books cost $10 each, she consumed 30 pizzas and 3 books per month. The price of pizzas fell to $2.90 each while the price of books rose to $11 each.
Suppose that in exactly five years you will recieve a one-time payment equal to $4,000. If the interest rate is 6 percent (compounded annually), approximately how much is this payment worth to you today? In other words, what is the "present value" of..
Briefly elucidate why magnification effect plays an important role in predicting where various groups in economy will support or oppose international trade.
Suppose the government of a desert community wants to punish excessive water usage, where "excessive" is defined as any usage greater than 100 gallons/week. to do this, the government paces a flat $100 income tax on anyone who consumes more than 100 ..
llustrate what is maximum amount it would be worth to shareholders to elicit high CEO effort all time rather than low CEO effort all time.
Jennifer and Drew consume orange juice and coffee. JenniferÆs MRS of orange juice for coffee is 1 and DrewÆs MRS of orange juice for coffee is 3. If the price of orange juice is $2 and the price of coffee is $3, Which market is in excess demand? Plea..
Consider a demand market and assume the demand and supply functions are given by: demand: q=35-p and supply: q=2p-10. determine the equilibrium price and quantity (p*, q*) in this market. illustrate your answer graphically and compute the consumer su..
What curve would be shifted (demand or supply) and in what direction (left or right) if there was a decrease in the tax rate or interest income from 20% to 15%?
As a result of your prowess in identifying how many rolls of toilet paper a typical American family keeps on hand, you win the opportunity to choose one of the following: $1,800 today, $8,000 in 11 years, or $26,000 in 27 years. If you are offered $2..
Below draw an AD/AS graph and a money market graph side-by-side. For the money market, use an upward sloping money supply curve and assume that the equilibrium interest rate in the money market is 5%. Then explain and show what happens if the Fed act..
Compare and contrast the two approaches of GDP computation mentioned in the textbook. Explain which approach you think is more reliable and gives more accurate estimates of GDP. Provide two examples—one of the U.S. and a second of another nation—to s..
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