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The Bouchard Company's EPS was $6.50 in 2016, up from $4.42 in 2011. The company pays out 45% of its earnings as dividends, and its common stock sells for $32.
Adam and Eve are consumers in a 2-consumer, 2-good exchange economy. The price of X is PX, and the price of Y is $1. Each one has an initial endowment of (X=6, Y=6); therefore, each one has a "budget line" of X•PX + Y = 6•PX + 6. If Eve’s utility fun..
Consider the intertemporal production economy with money of Chapter 12( WIllamson). the government decides that the use of credit cards is bad, and introduces a tax on credit card balances. at is, if a consumer or firm holds a credit card balance of ..
Discuss the ethical issues relating to corporate spending, both in for-profit and not-for-profit.
Equilibrium in our graph of AD and SRAS occurs where AD = SRAS. Unless otherwise specified, we assume that the economy rapidly moves to equilibrium. What ensures that the economy is in equilibrium?
Write a few pages where you explain why forms of government in Europe (and America) changed around the same time mercantilism collapsed and the new market economies emerged. Must economic forms determine government forms?
A first mover is dominating a market, with revenues of $40 million annually. The average total cost for the firm is $20 million, of which $19 million is fixed. How can the first mover keep others from entering the market?
Write down an expression π(q ) for profits as a function of q. Find profit-maximizing choice of q for Smith and corresponding price and profit.
Why does the aggregate demand (AD) curve slope downward? What could cause the AD curve to shift to the right? What impact would a rightward shift of the AD curve have on the economy?
Your buddy Gabe owns a sports restaurant/bar in St. Louis. On a recent visit, Gabe shared the following information on his annual revenue and costs: Assume that Gabe has a standing offer of $70,000 to manage another bar in St. Louis. Calculate Gabe’s..
The W Company is a member of the beef industry, which is perfectly competitive. The price of a beef is $60. The firm’s total cost function is TC = 100 + 10Q + 5Q2 where TC is total cost (in dollars) and Q is hourly output. What is the firm’s economi..
How well does quintile analysis describe the actual levels of inequality in compensation (and indeed well-being) among individuals in society?
The U.S. government pays an economist at the U.S. Department of Commerce $50,000 in salary in 2006. The economist then retires. In 2007, the government pays him $30,000 in retirement benefits. The 2006 payment is included in 2006 GDP as government pu..
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