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Q. The credit card market has grown increasingly competitive. To maintain customer satisfaction, banks that issue credit cards usually provide an "800" number service center in which telephone operators handled customer inquiries, complaints, as well as requests for service. Some banks evaluate operators on the basis of the number of calls handled per day, while occasionally monitoring calls for courtesy as well as accuracy. (Banks have already determined that it is not cost-effective to do more monitoring). Evaluate this monitoring system. What would you do differently? Consider the benefits as well as costs of any change you recommend.
What do you think he would suggest as an economic plan for our economy. Would they agree or disagree with the current policies.
Illustrate the expected total monetary loss under 4% of annual interest rate if this park is permanently closed this year.
Michael spends $10 a month on both Pez dispensers and Superman action. His marginal-utility-to-price ratio for the Pez dispensers is 40.
Amalgamate the information you have gathered and tell the economic consulting firm which actions you think OPEC will take over the next year based on your answers.
Based on the IRS actuarial table, Mario has a life expectancy of 20 years. If Mario receives 12 monthly payments of $1000 the first year, how much taxable income must he report on his tax return.
How much income gets you into the top quartile or quintile. Discuss the issues of regressive, proportional, and progressive taxation.
Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.
What is the social optimum quantity and price. Calculate the total surplus in the market equilibrium, at the social optimum and with the tax.
Why might these firms agree to form a cartel. If such a cartel is formed, use the prisoner's dilemma to explain why it may or may not survive.
The quantity demanded of the resource in each year is given by the equation Qt = 10 - Pt . The marginal cost of extraction is zero.
A charitable university benefactor has decided to donate a large amount of money for student scholarships.
PbP Company have pay $10,000 to disassemble and ship the furnace to the new owner. What is the net cash flow after tax as it will result from selling this furnace in the year 2012.
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