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Suppose that new computer software for accounting and analysis at a business has a useful life of only one year and costs $200,000 before it needs to be upgraded to a new version. The revenue generated by this software is expected to be $250,000. The expected rate of return from this new computer software is?
What is the marginal revenue product of labor (MRP)? What shape does the MRP curve have? Why? What is marginal factor cost? How is it related to the supply curve of an input?
Raytheon is producing an air-to-air missile. The cost of the 500th missile is estimated to be $300,000 and the learning curve is 88%. What is the estimated cost of the 600th missile? What is the total cost of the lot of missiles from unit 601 to unit..
In this module, we focus on growing interest rate “spreads” as portending possible recession. In preparation for this discussion, research the issue of consumer confidence. Document one or more methods used to characterize and measure consumer confid..
The aggregate supply curve shifts is
The short-run Phillips curve illustrates ________ relationship between the unemployment rate and the inflation rate.
Are there differences in how the Democratic Party and the Republican Party view the economy? What are the differences if any?
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
George and Jane are next-door neighbours. George likes listening to pop music at high volume but hates opera. Jane likes listening to opera at high volume but hates pop music. What is the externality in the above case? Why might the Coase theorem not..
Suppose that the U.S. net foreign debt (liabilities less assets) is equal to 25 per cent of the country’s GNP and that foreign assets and liabilities pay an interest rate of 5 per cent per year. What would be the “debt burden” for the U.S. (i.e. inte..
What does it mean for a good to be non-excludable in theory one may worry that such a problem could completely shut down private markets. How did we deal with that in designing a private environment for the public goods case so that this doesn't happ..
For many of the remaining topics in BUS-660, assignments will be in the form of case studies. These case studies are designed to provide an opportunity to engage in that topic's quantitative analysis method, as well as demonstrate critical thinking a..
Suppose an investment broker contacts you with the following information. “Opportunity, Inc. is currently selling for $5 a share. I just found out that the company has discovered a cure for cancer. Its price is sure to triple in three months.” How sh..
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