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Are each of the following true, false or uncertain? Justify your answer in two (2) sentences or less. If the answer is “false” you may provide a counter-example as justification.
Suppose biochemists discover an enzyme that can double the amount of ethanol that may be derived from a given amount of biomass. Based on this technological development, we expect the supply curve for ethanol to shift to the right.
In early 1990s with a second wave of low-cost carriers (LCCs), which led to the second period of strong traffic growth from early 1993 through early 2000, Southwest Airlines arguably provided the blueprint for U.S. Between 2006 and 2009 a fuel crisis..
Describe what is meant by globalization. How might we measure globalization to see if it is changing over time?
For each of the following three scenarios, state whether the value of the dollar will appreciate, depreciate or remain the same relative to the Japanese yen? Japan imposes new restrictions on the ability of foreigners to buy Japanese companies and re..
Assume that the eurozone risk free interest rate n bonds with one year to maturity is 4.78 percent and the U.S. risk free rate on one year bonds is 3.15 percent. The currenct exchangerate is $0.90 per euro. assume the US is the domestic country. calc..
I am looking at about 50 companies over a five year period. I need a measure for total shareholder wealth that is relatively easy to compute.
Suppose a firm has the following production technology: one work is required to operate on one machine (capital). More than one worker on the same machine will have a zero MPL. One worker operating on two or more machines will also have a zero MPK. I..
Some economists believe that creeping inflation cannot be accepted because a gradual increase in prices leads to an ever-rising rate of inflation. Other economists argue that in order to achieve economic growth, some moderate price increases are nece..
Was there anything that you learned that could be applied to career development or your potential job interviews with the use of a portfolio?
The marginal revenue product is:
Property Rights Security in Russian Deprivatization. What impact will the prospect of deprivatization have on investment by managers of privatized firms? What effect will deprivatization have on foreign investment in Russia? Who gains from deprivatiz..
Suppose that the State of Connecticut decides to subsidize the cost of purchasing a treadmill for cardiac patients, as prescribed by their doctors. Prior to the program, the equilibrium price of treadmills was $800, and the equilibrium quantity purch..
Health insurers are beginning to offer telemedicine services online that replace the common office visit. Well point provides a video service that allows subscribers to connect with a physician online and receive prescribed treatments (Bloomberg Busi..
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