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Is the following a legitimate reason for purchasing individual apps from multiple vendors instead of purchasing a bundled suite from a single vendor?
The individual apps are certain to work with the existing platform and OS.
You expect to receive a payment of $104 one year from one. Your discount rate is 4 percent. What is the present value of the payment to be received? Suppose that the discount rate is 5 percent what is the present value of the payment to be received?
Good W and Y are made with intermediate goods A & B. The market value of A is $10 and the market rate of B is $13. The market value of W is $23, and the market rate of Y is $4.
Given the above prices, will the firm adopt a new method which involves 10 units of land, 3 of labor, 2 of capital, and 2 of entrepreneurial ability?
Explain how your policy would help increase aggregate demand. That is, does it increase C, I, G, or X? Explain what would happen to prices (i.e. inflation).
The data are available for output (Q) and Long Run Total Cost (LTC) for a firm. Using appropriate calculations determine the range of outputs over which the firm's technology exhibits Increasing, Decreasing or Constant Returns to Scale.
Why is it that taxes tend to have a smaller multiplier than government spending? If government spending and taxes were both to be increased by the same amount, would there be any change in income? Why or why not?
Discuss the importance of language as part of culture. What are the main forms of language? How can knowledge of a foreign language improve an individual's understanding of a foreign culture?
Illustrate what is the price elasticity of demand of a representative gasoline retailer's product.
Illustrtae the difference among concretionary and expansionary fiscal policy.
The government uses policies like student loans and free trade to influence the economy's growth rate. In 600-1200 words, identify at least four policies from the textbook that the government has created to impact economic growth and productivity.
A firm has cost function: C(y) = { y^2 + 1 if y > 0, {0 if y = 0, Let p be the price of output. 1) If p = 2, how much will the firm produce? If p = 1, how much will the firm produce? 2) What is the (optimal) profit function of the fir..
If fewer U.S. dollars are needed to buy a Swiss franc, then a. U.S. residents supply more francs b. U.S. residents buy more Swiss goods
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