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Discuss a recent decision that you made (purchase an automobile or home, change jobs, etc.). How did motivation and emotions influence your decision?
Did you experience any internal conflict (a battle between what you wanted versus what you should do)? How did you resolve this conflict?
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Evaluate the statistical significance of the three estimated parameters using a significance level of 5 percent and what is the profit-maximizing unit price PoolVac
What was done well and what was not done well in each area? What were the consequences in each case? What would you differently do the next project?
What is Marginal Propensity to Consume (MPC) and what does an MPC of 0.9 tell us about consumption and saving? Use an example to explain MPC
Discuss what factors the firm should consider in deciding whether this idea should be implemented. How should the initial piece rate be set?
1.Should governments or regulators always attempt to eliminate the supernormal profits of monopolists/oligopolists?
Describe some of the likely consequences that can arise if the firm tries to maintain two different accounting systems.
Discuss framing and how it affects the decision-making process. Your response should consist of no less than 200 words.
One thousand bonds were issued five years ago at a coupon rate of 10%. They had 25-year terms and $1,000 face values. They are now selling to yield 9%. The tax rate is 40%
Suppose that inflation doubles the price of both inputs. What affect will this have on your optimal input mix? Show using isoquants and isocost lines.
List three characteristics of an economists, a scientist and thee characteristics of an economist as a policy adviser.
All other factors held constant, what would be the effect on the demand for money (M1) of each of the following situations. Explain the rationale behind your responses.
A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit. The firms total costs are C(Q) = 40+8Q+2Q2. How much output should the firm produce in the short run
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