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Josh is graduating at the end of the academic year with a BS degree in engineering. He already had an offer with a good company for $58,000. He has learned that those who continue along a technical path in the company typically receive increases of 6% per year. Now that Josh smells the diploma and the money, he is ready to get out and make his mark in the company. Josh's family, however , have encourage him to reconsider completing a MS degree, thereby differing employment for 2 years. Josh has learned in the same company, those with an MS degree who remain on a technical path earn increases of 7.2%. With a graduate assistantship, Josh will have to apy only $8,000 per year out of his own pocket. He will be 23 when he graduates with the BS degree, 25 when he completes an MS degree, and 65 when he retires. All salaries and cost are considered to occur at the end of the year. Based on PW of salaries and cost at Josh's TVOM of 7%, what must his minimum starting salary be to justify staying for the MS degree
indicates that the short run price elasticity of demand for tires is 0.9. if a tire store raise the price of a tire from $50 to $60, elucidate by what percentage should it expect the quantity of tires sold to change.
What is the amount A in actual dollars equivalent to A’ = $1,000 in constant dollars? Please provide step by step detail
Prove the following: if a matching is efficient, then there exists a tie-breaking rule such that the matching is efficient (with respect to the strict preferences generated by the tie-breaking rule)
elucidate how many popsicles will be sold each day in the short run if the price rises
q1. when crude oil price controls were in place illustrate what would have been the welfare implications of a ban on
Describe pressures that currency would face due to increasing oil prices. Will this response by central bank increase or decrease foreign reserves.
Estimate Beta or systematic risk of Dell; Assume that the risk free rate is 4% (i.e. RF = 4% ) and the return on market portfolio is 10% (Rm = 10% ) use CAPM to calculate the cost of capital of Dell.
Describe how the following statements relate to the AD–AS model:
Sketch the firm's isoquant and isocost lines and show its current equilibrium in the use of labor and machines when producing 200 gizmos per month.
An exogenous event has left the interest rate in a position above the LM curve. Describe the disequilibrium in the financial market. In which direction should you expect the interest rate to change?
Assume Doughnuts R Us chooses to produce 150 doughnuts. What is the number of doughnut shops in the market.
Different economies grow at different rates. Three countries that have done very well over the last three decades are China, India, and Ireland. Both China and India are huge while Ireland is relatively small. What economic policies have had an effec..
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