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Q1. Hello, yesterday you provided me with the solution for the below question. The answer was totally incorrect, so I think it's only fair that you provide me with a refund of $10. Below is your answer and the professor's solution.
(TCO E) A Honda Accord sells for $28,000 in the United States and for SF35, 520 in Switzerland.
Q2. A doctor earns $250,000 per year, while a professor earns $40,000. They play tennis against each other each Saturday morning, each giving up a morning of relaxing, reading the paper, and playing with their children. They could each decide to work a few extra hours on Saturday and earn more income. But they choose to play tennis or to relax around the house. Are their opportunity costs of playing tennis different?
Suppose that he can earn 5% on this long-term account, that he will make 40 deposits, and that he will make the first withdrawal one year after the last deposit. How big can Francisco's withdrawals be?
If the government imposes a ceiling of $6 on the price of the firm's product, Illustrate what output will the firm produce also Illustrate what will be total profits.
Make sure to make available examples of real world to strengthen your position of wherever this might be case
Briefly explain why the three variables are appropriate explanatory variables to predict the consumption of services or why they are related to consumption.
Using information given: What is average cost of first do these of a new drug. What about marginal cost of subsequent doses? Is this consistent with behaviour of costs for an information product.
movements along the consumption function while changes in wealth lead to a shift of the consumption function.
Illustrate what does your anticipated adjustment process imply about the CR for the industry. Industry B has 20 Industries also a Concentration Ratio (CR) of 80%.
You are very impressed by the first interviewee completing both phases of BK books interviewing process, and she has indicated that her reservation salary is 110,000. Should you make her an offer at that salary or continue the interviewing process..
explain what occurs when a new technology makes another one obsolete in terms of economic profit. consider firm a to be
When she hired a fourth worker, her total product increased but by only 1,000 bullfrogs. Yolanda pays $1,000 a week for equipment and $500 a week.
Statistical Methods in Business & Economics – Final Exam BUS405 (2009A), best estimate of the correlation coefficient
John’s preferences over toothpaste (good 1) and beer (good 2) are represented by utility function u = ln x1+ x2. Prices are given by p1 and p2, and he has income of m. What fraction of his income does he spend on toothpaste?
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