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Q. Writing Assignment #1 You may choose either topic. Please type a 2-3 page response and email it to me by Friday at midnight.
A) Pick a policy issue which illustrates bootleggers and Baptists story. Who is who? What enables persistence of relationship? You may find this podcast helpful in understanding concepts and providing examples.
B) Reviewing Hayek's Use of Knowledge in Society: What is role of prices in a market economy? How might a price control in market for gasoline impact or markets? What gets lost?
Suppose a basket of goods and services has been selected to calculate the CPI.
Suppose the Japanese yen price of one British pound is 163.78 yen for each pound. In which city hotel room is cheaper and by how much.
Statistical Methods in Business & Economics – Final Exam BUS405 (2009A), best estimate of the correlation coefficient
If Frank's salary as a sales manager was $70,000 instead of $100,000 would your answer be different.
Daily demand for admission tickets can be written as P = 36 - 0.05Q so that MR = 36 - 0.1Q, where P is the price of a ticket and MR is the marginal revenue. Elucidate at what price will CPT sell admission tickets to maximize its profit.
Where Q is the production and V is the number of employees working 8 hours a day
What is the expected impact of fall the business confidence. Explain with suitable diagram. Will monetary policy help to increase the investment by private sector in the presence of fall in the business policy.
Assumes that wheat producers lobby the government for a price floor also receive one.
Depreciation taken in the third year if the machine is also sold during the third year.
Express the retailer's monthly profit from the sale of the cameras as a function of the selling cost. Estimate the optimal selling cost.
Notice it is assumed that Brian will spend at least 4 hours per week studying each of the 3 courses.
Calculate and interpret the own price, cross price, and income elasticity of demand.
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