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Q1. Elucidate how would you advise the baker as to whether he should
(a) Employ four assistants on a Saturday;
(b) Expand his shop in that way allowing more customers to be served on a Saturday morning?
Q2. Which Fed district bank is most relevant to students? Illustrate what states are represented by this bank?
Q3. Assume which the United States is on a bimetallic standard at $35 to one ounce of gold also $3 for one ounce of silver. If new silver mines open also flood the market with silver, the two metals will circulate as before in the US since citizens could exchange their gold currency for silver currency at any time.
Is it a local, regional or national monopoly. What are some of the Barriers to Entry into this industry.
Calculate price, quantity and social surplus for the initial state and each policy.
Explain how much does consumption change this year in absolute dollars as a result of a $5,000 annual tax cut to your income, if the tax cut.
Rain spoils the strawberry crop, the price raises from $4 to $6 a box, and the quantity demanded decreases from 1,000 to 600 boxes a week
The ending of company prepayments balance is expected to be the same as its beginning prepayments balance.
What is the unregulated competitive equilibrium. What is the unregulated monopoly equilibrium.
Select a USA from the Index also bring in additional source material to Explicate its ranking also Explain how it has changed over the last 5-10 years.
As vice president of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force.
What is the equilibrium cost as well as equilibrium supply.
Find the profit-maximizing choice of q for this miniature farm; also compute profits that will be earned at this choice of q.
The cost of the grapes may be as much as 60% of total production costs but varies greatly from lower-quality inexpensive wines to the highest quality wines.
A county is considering using a piece of park land for one of two alternative recreation projects. Project S would require construction costs of $2 million (year 0) and generate net benefits of $1 million per year for 10 years.
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