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Q1. Sprint, prior to spinning the businesses off to concentrate on cellular phone service, provided both local and long distance landline service. A study noted that they charged a price for local telephone services that was roughly one-half of its cost of providing the services. In contrast, it charged almost two times its costs for long distance services. What was the managerial economic rationale for this pricing?
Q2. Assume that the currency-deposit ratio is 32%, the required reserve ratio is 7%, the excess reserve ratio is 1%, and total money supply is $1,320 billion. What is the amount of high powered money?
What can be accomplished about the impact of transportation costs on the price of the traded product in each trading nation.
What if the pollution invades Baker's home and harms her health
From what you know about these firms' cost structure, what is the highest possible price per unit that could be existing as the market price in the long run equilibrium.
Describe absolute and comparative advantage. Explain the influences affecting foreign exchange rates.
List several ways that people and businesses in the green movement are participating.
Write the total and marginal revenue functions.
Compute the price elasticity of demand for TV Plasmas. Explain how could we classify the demand for TV Plasmas.
Suppose the interest rate lowered to 3.75%. What would be the market price of the bond.
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
Do you think the net effects of trade blocs are good or bad for world trade? Why? How do the efforts of the WTO relate to these trade blocs.
Identify one positive or negative supply shock in the last decade and what is the impact that the shock has had in our economy.
Discuss the difference between them and explain the managerial actions that can influence the firm profitability.
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