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Q1. Suppose your elasticity of demand for your parking lot spaces is -2 and the price is $8 per day. If your MC is zero and your capacity is 80% full at 9 a.m. over the last month, are you optimizing?
Q2. Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.
Q3. Mason Company always collects rent in advance from its customers. The 2011 income statement for Mason reports rent revenue of $18,000. The related balance sheet accounts for the beginning and end of the year were: Unearned Rent $3,750 on Jan. 1, 2011 and $6500 on Dec. 31, 2011.
What are the corresponding retail and wholesale prices? What would happen if the sales are switched from the retail to the wholesale and vice versa?
What is the equivalent annual worth of costs for the website over a total of 6 years at an interest rate of 12% per year.
How would each of the subsequent affect Helena's hand basket supply of worker.
demonstrate the maximum amount of corn which can be grown using the existing production technology. For the next several troubles, ignore the vertical axis.
Distinguish between the crowding-out effect also the Ricardo Barro effect. Elucidate how are the 2 effects related
With Australia going through a long-lasting drought in the first decade of the 21st century, serious concerns were raised about the possibility of running out of water.
In equilibrium, approx what is the firm's total cost and total revenue. Illustrate what is the firm's economic profit or loss in equilibrium.
Suppose you have $500 in savings when the price level index is at 100. (a) If inflation pushes the price level up by 10 percent, what will be the real value of your savings?
What is the optimal transfer price for the basic plastic item . At what price should the marketing division sell its product.
Illustrate would be its profit-maximizing cost if the company were to build the bridge.
The Wall Street Journal's experience after it increased its cost to 75 cents. Illustrate what implicit assumptions are the publishers also the analysis making about cost elasticity.
Explain and illustrate how each of these events would affect aggregate demand, aggregate supply, and prices, then explain how you would respond with economic policies.
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