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In recent years, China’s central bank has been attempting to combat a significant real estate bubble by increasing banks’ required reserve ratio. What are Chinese policy makers seeking to achieve?
A) They want interest rates and housing prices to fall
B) They want interest rates to rise and housing price to fall/stabilize
C) They want interest rates to fall and housing prices to rise
D) They want interest rates and housing prices to rise
Production elasticity:
q.a coal-fired power plant can produce electricity at a variable cost of 4 cents per kilowatt hour when running at its
Carefully think about O/v and I/v. O is the annual operating cost and v is the number of units produced PER YEAR. You might be given O/v as a ratio where the annual operating cost has already been calculated. If the capital for a project was $400 mil..
Goodspeed Automobiles manufactures 100 disc brake cylinders. At this output level, its marginal revenue is equal to its marginal cost. If the revenue per unit of output is $500 and the cost per unit is $350, its profit is:
The opportunity cost of leisure: The elasticity of labor demand is higher when: The labor demand curve:
Explain how do efficiency techniques differ in short- versus long-run when attempting to maximize profits. Illustrate what specific incentives are used in your workplace to promote efficiency.
Suppose both firms have entered industry. What is joint profit-maximizing level of output. How much will each firm produce. How would your answer change if firms have not yet entered industry.
A internet company has a fixed cost of $1,750,000 per month and a variable cost of $25 per month per subscriber. The company charges $45.95 per month to its internet customers. The company currently has 75,000 subscribers and proposes to raise its mo..
Suppose a firm's demand curve is given by P = 120 - 0.5Q. Find the (value of) price elasticity of demand (point elasticity) for the demand curve when the price is $100. Is demand elastic or inelastic?
If summer's supposition is correct, then we should expect for wealthier countries to have cleaner environments other things equal.
A loan for $80000.00 is to be paid with 12 equal payments, paid every other month (6 payments a year) ,The first payment being 9 months after barrowing the money. The interest rate is 12% pre year compounded monthly. What is the size of each of the 1..
Develop an online service for IT training that includes scheduled as well as self-paced courses. The training service will be initially web-based but the architecture must have the option that different front-ends like applets, web services, or ot..
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