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Identify two individuals that benefit and two individuals that are harmed by rent control.
If portfolios are formed by randomly selecting stocks, a 10-stock portfolio will always have a lower beta than a one-stock portfolio.
What is the difference between outsourcing and offshoring? What are the different stages involved in an outsourcer-outsourcee relationship.
Consider an economy where, consumer’s utility function is given as U(C,L)=C-(1/2)L2 . where C is consumption and L is labor. The production technology is Y=(1.6)L-(1/2)L2 . The turnover cost per labor is (0.36)/(w/p). What happens to t as real wage i..
What changes in sales would you anticipate if you were manager of a Dodge/Plymouth franchise. What is each firm's marginal revenue.
The recent immigration of labor into the United States from Mexico has led to increased calls for new restrictions on this movement of labor (including greater enforcement of existing restrictions). What would be the costs and benefits to the United ..
You are purchasing a new car for a price of $38,000. The dealer is offering two financing programs. Program 1 will allow you to take possession of your new car and defer your first payment for 6 months. Interest accrues monthly on your purchase durin..
Surveys indicate that Americans are becoming more and more dependent on over the counter medications such as Advil. For each of the following two scenarios, illustrate and describe the effect on both the demand and supply curves and on equilibrium pr..
Does convergence property imply that a measure of dispersion of income per person across the economies will narrow over time? Abosolute convergence held for US staes from 1880 to 2000. A measure of the dispersion of per capita income across the state..
The aggregate demand function for donuts is given by D(P) = (131/2) - (p/2) and the aggregate supply function is given by S(P) = (p/7) - (5/7). Suppose that the market for donuts is perfectly comeptitive. What are the equilibrium price and quantity? ..
The long-run market supply curve in a competitive market will
Enterprises recently paid a dividend, D0, of $1.50. It expects to have nonconstant growth of 19% for 2 years followed by a constant rate of 8% thereafter. The firm's required return is 12%. What is the firm's intrinsic value today, P0? What is the fi..
What is the objective of the firm manager, and what is the criterion for determining the output level in each of the following cases: The price of the product is less than the shut-down piece?
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