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What should you do with the outcomes that are not economic and may not be translated using monetary unit? (The answer can be more than one choice)
a) Quantify the expected future results.
b) Change the viewpoint of the problem.
c) You cannot compare them if you can not quantify the alternatives
d) Describe consequences explicitly for decision maker in the comparison of the alternatives.
q. the demand and supply curves for t-shirts in touristtown u.s.a. are given by the following equations 3 pointsq24000-
The terms below are measures or individual components of the money supply. Specifically considering the money supply of the United States, rank thes items from largest to smallest in terms of dollar value.
The president of the United States announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what happen to interest rates if the public believes him.
Assume that starting salary for an SDSM&T Industrial Engineering graduate is $56000/year, and that the engineer will work for 30 years before retiring. At 4% inflation (treat as interest), would it be better to negotiate a $5600 per year raise, or a ..
Three independent projects are available for a secret government agency. The estimated costs associated with each alternative are given below. Use the conventional B-C ratio method to determine which alternative(s), if any, should be selected at an i..
What is minimum-cost blend that will meet quality standards and provide 1000 pounds of blended coffee product. What is cost per pound for coffee blend. Determine aroma and taste ratings for coffee blend.
Where Q is the total quantity of all firms in the market and q is the quantity of a single firm. Suppose there are n firms in the economy. Solve for the total quantity of all the firms and the price in equilibrium as a function of n under Cournot.
A major producer of consumer goods set out to forecast the price of fresh salmon three years ahead. Such a forecast was needed in deciding whether the firm should enter the business of supplying salmon. The firm's analysts estimated the quantity of f..
Three $1,000 face value bonds that mature in 10 years have the same level of risk, hence their YTMs are equal. Bond A has an 8% annual coupon, Bond B has a 10% annual coupon, and Bond C has a 12% annual coupon. Bond B sells at par.
Outline a plan that managers in the low-calorie, frozen microwaveable food company could follow in anticipation of raising prices when selecting pricing strategies for making their products response to a change in price less elastic.
Suppose two countries, A and B, with the same production function Y = K? L 1?? . The value of ? is 0.30, the growth rate of population is 2% and the depreciation rate is 5%. Compare both economies to the Golden Rule.
A firm expects to earn $14,000 a year on $112,000 investment. Calculate the expected profit rate. Show work. This firm would be willing to make this investment provided the interest rate is lower than what?
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