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An airplane takes off from Montreal on Friday morning at 7:30am heading to Los Angeles, California with 117 passengers and 7 crew members aboard the plane. The plane is traveling 430 mph. California is 2000 miles away. A second plane takes off from Los Angeles airport at 9:00am heading to Montreal, Canada also on Friday morning. It has 86 passengers on board the plane and 5 crew members. The plane is traveling 440 mph. After 2 hours in flight, the planes collide head-on in a tragic accident. Where will they bury the survivors…the United States or Canada?
Suppose you loan $5,000 to a friend to help him start a new restaurant business. Your friend signs a promissory note at a simple fixed interest rate of 5% per year. This note requires repayment in one lump sum five years from the date of the loan. Ex..
A firm sells its product in a perfectly competitive market where other firms charge a price of $110 per unit. The firm’s total costs are C(Q) = 50 + 10Q + 2Q2. How much output should the firm produce in the short run? What price should the firm char..
How disparate are returns if you win. As disparity increases => marginal benefit increases. Which of these two explanations is correct.
What is the Federal Reserve (Fed) all about? Which Federal Reserve District Bank is closest to you? Who is the current Chairman of the Fed? Should the Fed remain independent from political authority or should the President and Congress have a say in ..
Using the concept of net present value also opportunity cost, explain when it is rational for an individual to pursue
The GDP deflator is a good cost of living index. GDP is more volatile in the short-run than the long-run. All government spending is in GDP. If GDP is adjusted for purchasing power, the US usually improves its relative position.
If there is a new breakthrough in manufacturing technology that reduces the cost of producing DVD players by half, what will happen the following Four parts of supply and demand: (1) supply of DVD players, (2) demand for DVD players, (3) price and sa..
Illustrate what is Nurd's equilibrium evel of income. Illustrate what is likely to occur in the coming months if the government takes no action.
How would you evaluate monetary policy and fiscal policy today? Is monetary policy contradictory with fiscal policy? Why or Why not? Support your analysis with examples.
Using relevant international marketing concepts? Critically analyse the claim that a glocalised marketing approach is the key to success for international companies
For a competitive firm facing a market price above average total cost, the existence of economic profits means that the firm should increase output in the short run even if price is below marginal cost.
Calculate the Altman Z-score for Ford and Toyota. What inferences do you draw from these values? What inferences do you draw from comparing the values across the two companies? What do you predict would happen if Ford’s auditors issued a going-concer..
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