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Ben quit his job as an economics professor to become a gold professional. He gave up his $30,000 salary and invested his retirement fund of $50,000 (which was earning 10 percent interest) in this venture. After all expenses, his net winnings were $35,000. Ben's economic profits were ______________ ?
q1. suppose you want a lump sum payment of 100000 three years from now. rounded to full dollars how many current
Suppose you are considering moving your company’s headquarter from Nashville to LA. Last year you paid $100,000 for an option to buy a building in LA. The option gives you the right to buy the building at a cost of $1,000,000, so that if you ultimate..
Assuming an upward-sloping AS curve, if an economy is at full employment and investment spending decreases while all other levels of spending remaining constant, then the price level
In a Stackelberg industry with identical firms we know that firm 1, the leader, produces its monopoly quantity in equilibrium. Given this, does the Stackelberg leader necessarily earn a higher profit than the Stackelberg follower? Explain.
Assume Americans currently import more than they export. Illustrate the effect of foreign- ers becoming more optimistic about their future incomes. What happens to the quantity of Americans’ net imports? What happens to American consumption? Suppose ..
Burger King, the national franchise, is banned from opening a restaurant within 20 miles of Mattoon, Illinois. So, there is not a Burger King there; no problem, right? However, the national chain was able to keep the name Burger King, but the Hoots w..
What is rehabilitation and what is the history behind it's use? What is the philosophy behind the use of rehabilitation?
Impacts on currency markets and on economic conditions within the country and globally.
An employee has been offered a 5 year contract for a position at a company. They offered 3 different payment terms and asked you to decide your preferred option. If each of these options are to be paid 2 times per month in equal installments,instead ..
What is expansionary fiscal policy? What is the purpose of expansionary fiscal policy? What are the possible expansionary fiscal policy solutions? Why should the government be concerns with fiscal policy? What is stabilization in fiscal policy? Menti..
What are congestion effects? How can congestion effects be combated? Provide examples in today's contemporary business environment where congestion effects have been experienced and overcome by organizations.
How are customer expectations today different from customer expectations of say 10-15 years ago? What are some reasons that contribute to that change's expectations regarding the level of customer service received?
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