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An agribusiness firm is considering funding four possible projects for the future and has a total budget of $18 million. Suppose that the four projects have the following expected costs and returns:
Project
Expected cost ($ million)
Expected returns ($ million)
1
10
15
2
14
18
3
8
13
4
7
Solve this as an integer programming (IP) problem, where the objective is to maximize total expected return from these projects. Assume that each project is either funded (1) or not funded (0).
The technology is now expanding so that road use can be priced through computer. A computer in surface of the road picks up a signal from your car and automatically charges you for use of road.
You are told that 75 cents out of every extra dollar pumped into the economy goes toward consumption (as opposed to saving). Estimate the GDP impact of a positive change in government spending that equals $25 billion.
Why are common borders and cultural similarities often an additional factor to determine who trades most with whom and why? Use your knowledge of the gravity model to justify your answer through two suitable examples.
Discuss where valid instruments come from. Part of your explorations must deal withchecking the validity of instruments and what the consequences of weak instruments are.
how can political socialsocietal cultural and economic factors influence the supplier selection process? provide
Apply the rule of 70 to solve the following problem. Real GDP per person in Mexico in 2005 was about $12,000 per person, while it was about $48,000 per person in the United States
You're in Management for IBX Steel Components. J. D. Brotsky is a top labor leader and just announced that her union will go on strike against management unless you grant the workers a significant pay raise.
You are hired by the Chair of the Federal Reserve to manage the trading desk at the New York Fed and the Chair tells you that he wants you to increase the money supply (M1) by 33.33 percent. They warn you to be careful because in these uncertain time..
A New Hampshire resort offers year-round activities: in winter, skiing and other activities to be cold; and in summer, golf, tennis and hiking. The costs of running resort are essentially the same in winter and summer.
Cultural influences.
Research and development and the Level of Technology
The problem related to Economics deals with the key features of Travel Cost Method for valuing benefits. Travel Cost Method is mainly used to assess the benefit value associated with the ecosystem or any site for recreation.
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