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Crepe Creations is considering franchising its unique brand of crepes to stall-holders on Hermoza Beach, which is five miles long. CC estimates that on an average day there are 1,000 sunbathers evenly spread along the beach and that each sunbather will buy one crepe per day provided that the price plus any disutility cost does not exceed $5. Each sunbather incurs a disutility cost of getting up from resting to get a crepe and returning to their beach spot of 25 cents for every 1/4 mile the sunbather has to walk to get to the CC stall. Each crepe costs $0.50 to make and CC incurs a $40 overhead cost per day to operate a stall. How many franchises should CC award given that it determines the prices the stall holders can charge and that it will have a profit-sharing royalty scheme with the stall holders? What will be the price of a crepe at each stall?
Write a few paragraphs summarizing the documentary. What does the filmmaker think is wrong with the current state of the food industry?
q.need 800 words minimum only original work accepted.consider the following examples of economic activitiespurchasing
q. the gop deflator in econoland is 200 on january 1 2005. the deflator rises to 242 by january 1 2007 and to 266.2 by
I hereby offer you $5,001 if both you and my other creditor agree to cancel my debt. If either or both of you decline this offer, I will be legally in default and you will receive $5,000." So, what happens.
What is the lowest the ex-ante interest rate can go if the nominal interest rate is 2.42%, given the change in Joe's inflationary expectations
q1. explain what does the axiom of strict convexity of involve about preferences? also clarify in words as well as
q1. what is a budget deficit? explain how are budget deficits financed? why do keynesians believe that budget deficits
buy the five-foot strip of land from their neighbor only if the price is less than illustrate what Moe and Larry have already spent on the foundation.
Show the equilibrium effects on consumption and hours worked of and increase in G of this type are ambiguous but that output increases.
What are the major characteristics of helping those in need in America? What do you think has been the biggest change over the past five decades?
Illustrate what is the present value assuming a discount rate. Level of consumption or saving will be illustrate what.
Suppose that a biotech firm makes diagnostic tests and has a fixed-proportions production function in which one unit of output (diagnostic test) is produced using one worker and two units of capital (machines). If the firm has an extra worker and no ..
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