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Clay Travel, Inc. routinely funds its checking account to cover all checks when written. A thorough analysis of its checking account discloses that the firm could maintain an average account balance that is 25% below the current level and adequately cover all checks presented. The average account balance is currently $900,000. If the firm can earn 10% on short-terms investments, what, if any, annual savings would result form maintaining the lower average account balance?
explain why the optimal level of pollution is not zero. according to an epa study the health hazards of superfund sites
What is "Elasticity?" Identify products which have an elastic demand. Identify products which have an inelastic demand. Identify products with a unitarily elastic demand. Explain what this means for all three.
At the same time, many Autarkians have quit their other jobs in order to raise sheep to produce wool. What change in government policy could explain - Which of the two taxes is likely to cause more deadweight loss?
Determine the least cost size and number of the milk processing plant using the equation and Derive the marginal cost for the two products 1&2 and show that it is a constant.
in each of the following situations determine the direction and size of the change in total output and income that
In theory, we know that a monopolist basis its price directly off of the demand curve, but in practice a monopolist cannot 'see' the demand curve. Explain how a monopolist might set prices, even without having explicit knowledge of the shape of th..
a florist earns a profit of 2.00 on each bunch of carnations 3.00 on each bunch of lilies and 1.00 on a bunch of roses.
Give an in-depth evaluation. Provide information regarding what the regulation is about, your vision of the regulation, how it impacts the profession (logistics and transportation) and the reason you chose the regulation.
Which of the Supply Factors do YOU believe will be most important for the future growth of the U.S. economy? WHY? Briefly explain what we mean by labor productivity. What is its most important determinant?
Provide a complete account of how the bank of Canada conducts its monetary policy. Also, describe thoroughly the transmission of Canada's monetary policy - the process by which changes in the bank of Canada policy interest rate and money supply work ..
Why the story of huge advertising industry could not fit into our model? How can massive advertising disallow people to maximize their utility? And give me one example (by your own)
1. in problem 1 if charlies utility function were x5axb if apples cost 70 cents each and if bananas cost 10 cents each
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