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If you were an executive working for an emerging automaker from china or india, assuming your firm only has the ability to enter on Latin American country for the time being, which country would you recommend Brazil or mexico?
Boris budgets $9 weekly for his morning coffee with milk. He likes it if it is prepared with 4 parts coffee, 1 part milk. (Milk and coffee are perfect complements here). Coffee costs $1/oz, and milk $0.5/oz. Draw his budget constraint and indifferenc..
Illustrate what does the area EBCD represent. Provide a full explanation of the concept that is shown in that area.
Suppose that Glitter Gulch, a gold mining firm, increased its sales revenues on newly mined gold from $120 million to $240 million between one year and the next. Assuming that the price of gold increased by 100 percent over the same period, by what n..
An energy manager has $5000 available to purchase a high efficiency air conditioner that has a life of 6 years. The manager would like to know what should be the energy cost savings needed each year to justify the purchase (a) if the interest rate is..
In 1980, per capita GDP of Rwanda was about $728 and in 2010 about $1,025. Calculate the average per capita GDP growth rate of Rwanda from 1980 to 2010.
You are considering two investment options. In option A, you have to invest $5,000 now and $1,000 three years from now. In option B, you have to invest $3,500 now, $1,500 a year from now and $1,000 three years from now. In both options, you receive f..
Suppose that demand for a public park for two groups of consumers (A and B) are given by:
Assume a perfectly competitive firm is producing a level of output at which MR
Suppose the demand for pizza is given by Q=40-2P and the supply of pizza is given Q=P-8. if the price of pizza is $19, Illustrate which of the subsiquent is true.
Explain why some developing countries have a "fear of floating" and opt instead for a fixed exchange rate regime. What are the risks inherent in this decision?
jean invests 1000 into her employers retirement plan on 31st birthday also she continues to make annual 1000 payments
The Chairwoman of the Federal Reserve has announced in her last conference that if the labor market continues to show signs of improvement they will continue with the tapering process and eventually the increase in the benchmark interest rate. How th..
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