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Name three items you have purchased during the past year that have increased in quality during the year. What kind of adjustment would you make in assessing their prices for the CPI?
Which of the following two bonds are more prices sensitive to changes in interest rate? A par value bond, X, with 6-year-to-maturity and 10% coupon rate.
Two equal-sized newspapers have overlap circulation of 10% (10% of the subscribers subscribe to both newspapers). Advertisers are willing to pay $10 to advertise in one newspaper but only $19 to advertise in both, because they’re unwilling to pay twi..
Suppose that a second worker became available. Elucidtae the resulting change in production possibilities. Now what would be the opportunity cost of sanding two floors.
Consider two firms, 1 and 2, each producing an identical good simultaneously. This good has market demand given by the inverse demand function , where is price, and is market quantity. represents the amount produced by firm . Suppose production cost ..
ECO 63B Assignment. Consider the following Cobb Douglas production function where Y is maize output, X1 is labour input, and X2 is the capital. Derive the model specification that can be estimated by using the ordinary least squares (OLS) technique
Why did the Fed innovate new direct lending programs and vastly increase the amount of direct lending it provides to financial institutions in the winter of 2008, instead of continuing to rely on almost entirely on open market operations to affect cr..
Consider a Cournot duopoly with the inverse demand P= 260-2Q. Firms 1 and 2 compete by simultaneously choosing their quantities. Both firms have constant marginal and average cost MC=AC = 20. Find each firm’s best response function. Find the Cournot-..
Does this information surprise you? Does it mean that young people are less likely to become pregnant, or does it means that abortion rates are increasing? What do you think are some reasons for the decline in teenager births as a share of total?
Using supply and demand and competitive analyses, explain what happens to a pharmaceutical company’s revenues and profits from an individual drug once it loses its patent protection. Then identify at least one strategy the company can use to mitigate..
Using the SPSS Output from Case Exhibit 22.1-1 on page 551 of your textbook, comment on the appropriateness of the statistical test used (make sure that your response includes information on the types of variables used and the scales of measurement)...
Given the following total profit function: π = 144X - 3X^2 - XY -2Y^2 + 120Y -35 1. Determine the level of output of each commodity at which the firm maximizes its total profit 2. Determine the value of total profit at the maximum output level
As a Project Manager of the implementation of Trakstar into a company with a large amount of employees. Trakstar is a cloud-based platform software that allows Human Resources and managers alike manage feedback, goals, performance reviews, recruiting..
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