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Tax cuts of $100 billion stimulate the economy less than government spending increases of $100 billion do. Explain the reason why tax cuts stimulate the economy less.
A firm will have constant profits of $100,000 per year for the next four years, and the interest rate is 6 percent. Assuming these profits are realized at the end of each year, what is the present value of these future profits?
Different products have different elasticities. Heart medication, for example, is inelastic, and corn is elastic.
Suppose someone is caught committing a crime. Suppose the judge can either given the criminal a fine or a jail sentence. The criminal is indifferent between the two punishments. Does each punishment have the same opportunity cost to society?
oe Doe deposited $ 51,000 in your savings account. The interest rate is 10% compounded semiannually. How old will take to reach $ 72.600.00 investment? 5. You have deposited $ 10,000 in equity investments, after three years, the balance of the invest..
You are a pricing analyst for QuantCrunch Corporation, a company that sells a statistical software package. To date, you only have one client. A recent internal study reveals that this client’s demand for your software is Q=300-0.20P and that it woul..
What is price information asymmetry? Explain the reason for search online purchase offline behavior. How do search sites drive consumers to retailers? What are the benefits of barter? Who determines whether a price is fair? Why is price often a light..
A business has launched a new product line that has resulted in significant business and related data growth. A database/TPS application is facing issues with using too much disk storage. It is becoming critical and the organization may need to buy a..
Outline a strategic plan for yourself to begin planning for a job after graduation (assume you have finished your degree). Include your value proposition, targeted organizations, objectives, strategies, and the internal and external factors that may ..
However, the university administration will charge the college $10,000 per student for the first 100 students enrolled each year for administrative costs and its share of the tuition payments.
Define three types of elasticity of demand. Indicate how you would use information from recent research paid by your company that the own price elasticity of your product is -1.2 and not -0.8 as previously thought.
Machine X has an initial cost of dollar 10,000, annual maintenance of dollar 500 per year, and no salvage value at the end of its 4-year useful life. Machine Y costs dollar 20,000. The last year there is no maintenance cost. The second year, maintena..
Illustrate what would happen to the firm revenue if it decided to charge a price above $354.
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