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U.S. Long Term Economic Growth
Discuss what long-term economic growth is and if there are any limits to the U.S. long-term economic growth? If so, what are they? Is there anything that our government can do to address these limits?
Assume that Congress is considering imposing the 30% tariff on imported automobiles. Who would be the gainers and who would be the losers from such move?
Observe the characteristics which influenced the buying behavior of each person interviewed. Based on the people interviewed
Computer the amount of manufacturing overhead incurred for the month. Suppose all costs are actual. Using actual costing, compute the cost of one unit.
At the end of 2002, the (1-year) interest rate was 1% in the U.S., and 26% in Argentina. Recall that at the same time, the spot rate for the Argentine currency was Peso 4.00/$.
Compute the total revenue and total economic profit at each level of output. Compute the pizza shop's marginal costs and marginal revenue level of output. What is the profit maximizing rate of output for pizza shop?
Draw a diagram showing the current situation of the firm. In addition to the above information, suppose the price of the output is $13/unit, if the firm wants to maximize its profit, what should it do? Explain in detail with the aid of a diagram.
Illustrate fiscal policies also monetary policies which would be appropriate at this time.
Compute the arc cross-price elasticity of demand among beverage sales and appetizer prices.
Assume that a company maximizes its total profits and has a marginal cost. Find the price at which the firm sells the product.
Assume that an engineer is deciding either not to move to northern Virginia or remain at his current job in Milwaukee.
Graph these data using "dollars" on the vertical axis and "quantity" on the horizontal axis. At what output is revenue maximized?
Airway Express has evening flight from Los Angeles to New York with average of 80 passengers and return flight the next afternoon with average of 50 passengers. Should the airline remain in business?
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