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Define the Say's law and give your interpretation.
Does everything have a price? Are there some things you would not do regardless of the price? (Remember: prices and money are not synonyms; prices may be non-monetary.) Economist see price as an "opportunity cost" every choice has an opportunity cost therefore a price.
Read the article, The Ethics of Big Data. Based on the content presented in the article, describe the microeconomic principles being used, in other words what is the impact for demand? List the different types of market structures that big data be..
Describe the difference in executive decisions concerning pricing, product design, and advertising between a company that exists in a perfectly competitive market and a company that lives in a monopolistic competitive market.
Assume you want to hedge a $400 million bond portfolio with a duration of 4.3 years using 10- year Treasury note futures with a duration of 6.7 years.
A private college adds a small café to its building to cater to the needs of its own students. The total cost of the facilities for the café is $100,000. After a year of operations the college determines that operating the café is interfering with..
Since the fast-food business is very competitive, the manager would like to ensure that sufficient ground beef is available in her restaurant each day so that the probability is no greater than 1% that the day's supply is exhausted.
Please explain what is meant by a budget deficit and what is the national debt. While many think these terms are synonymous, they are very different, please explain. What are the approximate values of each of these?
Elucidate how cost-push inflation might prompt policymakers to take actions that subsequently cause demand-pull inflation.
Discuss what GDP is and what it measures? Discuss what the shortcomings (limitations) of GDP as a measure of well-being and welfare of a nation are?
Companies that lease a box have the right to renew their leases each year, but they often do not. When a lease for a box opens up, the association contacts companies that previously held leases to see if they want to lease one again.
What fixed amount of money should the company plan to set aside each year, at 8% interest per year, compounded annually, in order to make the above payments? Ans: $4,427.82.
Suppose the Demand for Real Balances is given by the following equation: (m/p)d = 1500 + 0.2Y - 10,000( r + πe). Assume M = 4,000, P = 2, πe = .01 and Y = 5,000.
1. Consider the linear demand function Q=320-1/8P a. Write the inverse demand function. b. Write the Total revenue function.
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