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Wendy sells vending machines. She can sell 9 machines if she charges $1,000 per machine; 8 if she sells them at the price of $1,100 per machine; 7 at the price of $1,200 per machine, and 6 at the price of $1300 per machine. Each vending machine costs $500 to produce and bring to the market. How many vending machines should Wendy sell if she wants to maximize her profit?
frisbees are produced according to the production function q 2kl where q output of frisbees per hour k capital input
Explain the concepts of data structure and algorithms and their importance to computer science.
One Chicago has just a new single-stock futures contract on Brandex stock, a company that currently pays no dividends. Each contract calls for delivery of 1,000 shares of stock in one year.
Illustrate why would you be reluctant to advise that your country increases its money supply.
Illustrate what is the purpose of the foreign exchange markets
Assume that I am selling cans of beer to people on a beach. Since I am concerned about my income, I decide to sell beer in the following way.
Explain how would you hope the subsiquent events to affect the price you receive for a bottle of wine.
Assume that you have just completed an analysis to determine the demand of a good by estimating a simple regression model in which you use quantity demanded of the good as the dependent variable and price of the good as the independent variable.
How does international trade affect the prices in the domestic market and decisions related to firms to compete in both domestic and international markets? Do you oppose trade restrictions? Who have been the winners and losers as a result of the N..
Firm ‘A’ can make either 500 flashlights or 2000 batteries.Firm ‘B’ can make either 650 flashlights or 1500 batteries.
What good or service is provided in this market? Who are the buyers and who are the sellers in the market? Are there many sellers in the market?
Consider the Malthusian model where Yt = Sα(AtLt)1-α, At+1 = (1+ g)At, and Lt+1 = (1+ηt)Lt. Compute the steady state per capita output and population growth rate for the economy with α = 0.1
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