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With higher fuel costs, airlines raise their average fare from $0.50 to $1.50 per passenger mile and the number of passenger miles decreases from 2.5 million a day to 1.5 million a day.
The LIBOR zero curve is flat at 5% (continuously compounded) out to 1.5 years. Swap rates for 2- and 3-year semiannual pay swaps are 5.4% and 5.6%, respectively. Estimate the LIBOR zero rates for maturities of 2.0, 2.5, and 3.0 years. (Assume that th..
Consider a competitive market for apartments, What would be the effect on the equilibrium output and price after the following changes (other things held equal), In each case, explain your answer using supply and demand.
A firm is currently producing their profit maximizing quantity of 600 units of output using 150 hours of labor and 50 hours of capital. The marginal product of labor is 10 units of output per hour and the marginal product of capital is 30 units of ou..
Suppose that Congress and the President are concerned that some individuals die without making adequate plans to financially provide for their families after their death. What are the likely effects on employee well-being of this mandate?
we haven't been able to say much on theoretical side about private information combined with complementarities.
The first effort at converting “republican ideology” into a real government resulted in the Articles of Confederation. What were the strengths/weaknesses of this government? Why did the Founders create this government? After only a decade America’s l..
The country of Alcazar has been growing at an impressive pace for the last five years. With improvements in technology, many industries have recorded remarkable growth in productivity. The health sector which has the lowest level of productivity empl..
A newspaper recently lowered its price from $30 to $25. As it did, the number of newspaper sold increased from 20,000 to 25,000. What was the newspaper’s price elasticity of demand? Was it price elastic or inelastic? Explain and show your work. Given..
What is the concept of data compression? Define a type of data compression and the steps involved.
Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? The price Company X charges for its ink cartridges is nearly as much as it charges for a printer. Packs of 5 ..
By appealing to the concept of social indifference curves, explain clearly how the program of maximizing society's welfare subject to its PPF is solved analytically under autarky? How is this also solved under trade in the Ricardian model?
mission or vision and processes of the school/ISD?
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