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Describe how marginal utility and the selling price of a goods/services determine: 1) Which goods and services are purchased first and 2) What quantities of a good or service are purchased. Explain fully.
Over the past two decades, according to the U.S. balance of payment, the current accounts and the capital account balance tend to move in same direction.
The utility-maximization model assumes that the typical consumer is rational and acts on the basis of well-defined preferences. Because income is limited and goods have prices, the consumer cannot purchase all the goods and services he or she migh..
Government needs to eliminate the gap by changing expenditures. What policy would you suggest.
2.Television broadcasts are often given as examples of a public good. However, it is possible to code a broadcast so that only people who pay for the decoder box can view it. The use of a coded signal does what to a television broadcast?
Discuss the nature of social and labor issues that domestic manufacturers will likely face with their international suppliers. Why is it usefull to understand the cultural background of a foreign supplier.
The plant engineer estimates the machine has a useful life of 5 years and no salvage value. Compute the depreciation schedule using: (a) Straight-line depreciation (b) Sum-of-years'-digits depreciation (c) Double declining balance depreciation.
If the numbers of home and commercial users are equal, and you cannot distinguish between commercial and home users, what is the most profitable pricing strategy.
The ending benifit if any should be realized in CAD. How can he complete interest arbitrage. What will be his profit.
Discuss some obstacles to successful international economic rule coordination in terms of current global economic and political policies and their effect on business conclusion?
How much more output each year will have to be produced in the world
One of the major issues in macroeconomics is disagreement in the debate over policy activism versus policy rules. Illustrate what exactly is that disagreement.
Suppose two people, Mary and John each live in an isolated region. They each have the same resources availabe and they grow corn and raise pigs. Mary devotes all her resources to growing corn, which she raises 200 pounds of corn per year.
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