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Zimbabwe's devaluing of its currency
Zimbabwe devalued its currency in mid-2006 essentially turning a $20,000 Zimbabwe bill into a $20 bill. People were permitted only 3 weeks to turn in their old currency for new notes, individuals were limited to $150 a day, and companies were restricted to $7,000. Who do you think were the losers from this devaluation, especially considering its limited turn-in period for the old currency?
Suppose the government is concerned that the going wage rate of $6 per hour for low skilled workers is too low.
The financial analysis department at MorTex estimates that the price of a textile machine is $ 600 per day. Can management reduce the cost of assembling 5,400 units per day by purchasing a textile machine and using less labor? Why or why not?
Will sales of whiskey increase or decrease also by what percentage amount.
Find out the income elasticity of demand. Elucidate whether gas is a normal or inferior product.
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
Evaluate the range of marginal revenues
In a perfect capital market, advices for a corporate financial manager on making capital structure decisions.
It all begins two years ago when the officials in Plentiful decided to raise the tipping fees at their Raw End
Consider that demand elasticity is defined as the percentage change in quantity divided
By how much and in which city is the hotel room cheaper.
Illustrate what rate of return will the investor receive after the effect of inflation has been accounted for.
A monopolist faces the demand curvep =11 - Q , where Q is measured in thousands of units. What is the monopolist profit maximizing price and quantity? What is the profit?
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