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GNI per capita can be higher than GDP per capita for country A when
A . the manufacturing sector is larger than the agricultural sector in country A
B. many of people working in country A are foreign residents who send remittances to families living outside of country A.
C. many of country A’s companies operate abroad and send profits back to country A.
D. none of the above.
Assume a firm has a patent on one of its products whose sale generates $32,700/year more revenue than production costs. If the annual interest rate is 20 percent, what is the market value of this patent.
Suppose that a car was produced but not sold in 2011. The car could still be sold in 2012. According to the book, the car would be counted as part of:
Evaluate each of the supply and demand scenarios below, How will each affect equilibrium price and equilibrium quantity in a competitive market? Will price and quantity rise, fall, or be unchanged? Based on the magnitudes of the shifts, will the answ..
Bill gets utility from consuming food (F) and clothing (C) represented by the following utility function: U(F,C) = FC + F. The price of food is $1 per unit and the price of clothing is $2 per unit. Bill’s income is $22. Find the utility maximizing ch..
When should this item be reordered. What could be the risk of stockout would result from a decision not to have any safety stock.
Illustrate what can the marketing director do to increase the explanatory power of a trade's equation.
If a country's growth is biased in favor of its import, this should unequivocally improve its terms of trade also its economic welfare. Use a graph to explain why
Which of these can be a people turnoff for customers?
Explain how much government securities should be purchased/sold if an open market operation is undertaken
In which of the three market arenas is each of the following goods traded?
Assuming no government intervention, describe the market behavior that should result if the price of a product is below its equilibrium price; then describe the behavior that should occur if the price is above its equilibrium price.
q1. does a merger create any new value that wasnt there before? or is the merger done to lower afc and so atc? can we
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