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Which of the following is not a characteristic of a corporation?
A) Limited ability to raise capital funds
B) Double taxation
C) Limited liability for shareholders
D) Separation of ownership problems
The normal supply and demand models take the supply and demand of a particular good and show that the equilibrium price is where the two curves intersect. At this point, all the people below the equilibrium point value the good as worth less than the..
Also the economy has G = $1100, I = $404, and XN = $15. Unemployment in the economy is currently 5.2% and inflation is 0.1%
A monopolist faces the inverse demand curve p = 64 - 2q. At what level of output is his total revenue maximized?
Economic growth completely depends on people consuming their income rather than saving and investing. Because patents provide strong incentives to develop new technologies, they tend to help to increase economic growth. Which of the following is not ..
Illustrate what should be the production level if the producer operates in a monopolistic competitive market where the cost of software at each possible quantity
Calculate the elasticity for each variable at that point and briefly comment on what information this gives you for each variable.
Give an example from your workplace or personal experience of the law of diminishing marginal productivity. How might managers use the concept of diminishing marginal productivity to improve efficiency?
Suppose a caffeine-deprived man needs to wake up. Suppose his preferences on a day can be described by U=3*coffee+2*tea. If the price of coffee is $4 and the price of tea is $1. He has $12 to spend on these drinks on a day. Show his budget constraint..
A bond pays semi annual interest payments of $42.50. What is the coupon rate if the par value is $1,000? You are buying a bond at a quoted price of $892. The bond has a 7.5 percent coupon and pays interest semi annually on February 1 and August 1. Wh..
What happens to the profits of boat makers in the short run. What happens to the number of boat makers in the long run.
A mechanical engineer must recommend an A/C system to a commercial building owner. The owner uses and MARR of 6%, but is not sure how long he will own the building. A conventional split system has a design life of 10 years, a cost of $47,000, and ann..
The Green City Hospital treated 100 patients in May with 20 nursing hour inputs, and it treated 120 patients in June with 22 nursing hour inputs. What is the total product for each month? What is the marginal product?
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