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Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you expect will happen to
a. Your firm's cost of production? Explain.
b. The price you can charge for your remodeling services? Why?
c. Profits in home remodeling? Why?
If a $25 per share stock has a P/E ratio of 20 and pays out 40 percent of its profits in dividends, How large is its dividend? What is the implied rate of return?
If 150 million workers produced America's GDP in 2010, according to the "World View" above, how much output did the average worker produce?
q1. in our study of the problem of measurement error in the dependent variable we learn that one solution is to use
Why do people routinely stuff themselves at all you can eat buffets Explain in terms of both utility also demand theories.
Discuss the propriety of entities that acquire and assert patents but make no product. You discover a specific human gene that determines male pattern baldness. Explain what it means to say that you can patent this gene.
What considerations regarding Market Structure are important in your opinion? Is competition really all that different when you get down to basics? Can you think of a theoretical framework that may be useful in considering this issue?
Describe the differences between the substitution effect of a wage increase and the income effect of a wage increase
Many professional sports athletes have incentive clauses in their contracts. These indicate tha: a) the team owner has asymmetric information b) the athlete might engage in moral hazard, which the team owner wishes to avoid. c)the athlete might engag..
By how much will the quantity of Federal funds have to change for the equilibrium to occur at the new target rate?
Discuss whether the Good Guy / Bad Guy Routine is useful in negotiations; whether impasses are fatal to negotiations; and if arbitration is a sign that negotiations have failed.
q1. if the ad shortfall is 800 billion and the mpc is 0.8a explain how large is the desired fiscal stimulus?b explain
what would the largest cardholder fee that Tuan will pay. If the rental store has a constant marginal cost of $2, which strategy is more profitable?
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