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In 1988 the U.S. Congress extended the copyright protection to 95 years after the year of original publication for corporations. But copyrights holds for 50 years in Australia and 70 years in the European Union.
Discuss how you as the book or music publisher (you hold the copyright) would price your book Gone With the Wind (published 1939) and music Elvis Presley's 1954 hit "That's All Right" in the three different markets.
Suppose that, for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E..
What would you expect to happen to the demand for credit cards by students? What would you expect to happen to the quantity of credit cards issued to students? To the willingness of students to incur debt at the much higher rates of interest charged ..
Do you think you can match the different projections? For example, do you think that a 5% increase in income is associated with a 10% tariff rate and a 2% inflation rate? Explain by linking your discussion to at least all of the following concepts. s..
Let U denote the value of water released in t = 0 plus the discounted expected value of water in the reservoir in t = 1. What is the expression for U ?
A trader buys a 3-month call option contract on 100 shares of a stock with strike price $40. Which of the following statement is correct if the options are held until the end?
Henry Carey sharply criticized Ricardo and Malthus’s theory on several grounds. Summarize these differences. Explain how differing conditions between the United States and Europe influenced these differences.?
Explain which of the two classmates would you prefer as a partner. Would he also want you as a partner.
A market is characterized by a demand curve that can be expressed as P = 96 – (1/3) Q. Each of the two identical firms currently serving the market has a total cost function of the form C = 12 q. There are no fixed costs. If the 2 duopolists behave a..
The terms of the loan are not renegotiated, so the borrower has a guaranteed nominal interest rate of 10%. What is the expected real interest rate for this loan?
f merging carried with it no cost advantage, determine the number of firms needed for the merger to be protable
Explain how the following events affect output, capital and consumption per unit of labor in the long run and along the transition according to Solow's Model:
Morgan, a widow, recently passed away. The value of her assets at the time of death was $8,600,000. The cost of funeral was $18,000, whil estate administrative costs totaled $52,000. As stipulated in her will, she left $1,000,000 to charities. what i..
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