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Q1. a) what output will maximize profit? What is this profit?
b) Will output increase if the price rises to $4.50 to $5.25? Explain your answer.
Q2. Devise a hypothetical business situation in which buying a look back (giving the holder the right to buy or sell the underlying at the highest or lowest price it has attained over the life of the option)call option on a commodity may be a sound strategy for you. How about a down-and-out call option? The chapter deals with time, risk and options.
Merit goods have received considerable attention. Can concerts and other publicly provided services be rationalized using these ideas.
discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets
Explain how the circular flow diagram relates to the current economic situation.
Summarize in words the predictions and limitations of the theoretical framework developed for the first exam: that is the predictions for the effect of capital accumulation.
How many units of good X will be purchased when Px=4910, determine the inverse demand function for good x.
If planned aggregate expenditure (PAE) in an economy equals 2,000 + 0.48Y and potential output (Y*) equals 4,000, then this economy.
The equilibrium quantity increase or decrease depends on Demand
How much is the uniform annual revenue in years 2 through 5 to achieve economic equivalence if the company decides to use MARR.
Compute the equilibrium quantity and price and Calculate the consumer and producer surplus.
Do you think this particular budget cutting policy helpful to curb the growing budget deficit.
Give an example of an organization or business in your area that performs the "place" function, and explain why you picked this organization/business.
What is the highest possible total revenue that the team can hope to collect
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