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Q1. In the absence of a price floor, the maximum price that a few of the consumers are willing to pay is $0.20 for a pound of cheese whereas the market equilibrium price is $0.13/ pound. The graph also shows that the minimum price at which a few of the producers are willing to sell is $0.06 / pound. In nonattendance of a price floor, how much consumer surplus is created?
Q2. In 2000 US Presidential challenge, Al Gore was recommended by his strategists to wait for George W. Bush to announce his vice-presidential running mate ahead of making his own decision on a running mate. Under what situation would Gore be better off giving Bush a head start on putting mutually his presidential ticket? What type of strategic situation is this?
Explain by how much does the total amount of deposits in the banking system increase. By how much does the money supply increase.
B would cost $1.5 and save $$400K pa. C would cost $2.1M and save $500K pa. For each of the alternatives. Construct a Choice Table based on the chosen MARR.
What amount of profit is the firm earning? Is this firm in a short-run or long-run equilibrium? Explain
Estimate Beta or systematic risk of Dell; Assume that the risk free rate is 4% (i.e. RF = 4% ) and the return on market portfolio is 10% (Rm = 10% ) use CAPM to calculate the cost of capital of Dell.
you estimate that the price elasticity of demand for clinic visit is -0.25. you anticipate that a major insurer will increase the copayment from $20 to $25. This insurer covers 40,000 of your patients, and those patients average 2.5 visits per y..
What is the difference between the national debt and privately held federal debt? Why is the distenction between the two important?
A newspaper article once reported that U.S. economy was experiencing a low rate of inflation. Why does inflation affect increase in Social Security and or profits.
Illustrate what were you thinking about the economy in 2005 and did you ever foresee a crisis of this magnitude.
What did you add more specifics and associated reasons why you decided to recommend the course of action you selected and how you believe the course of action you selected might best be carried out.
Compute the price, output, and profit contribution if the product is not certified.
Illustrate what are influence of following changes in policies on private saving and national saving. New policy: Increase in government purchases by $100 and taxes by $80. (MPC=0.7) Estimate amount of changes.
Illustrate what is the unemployment rate. Karen sharpens knives in her spare time for extra income.
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