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What are some benefits of the Benefits-Cost Ratio? What are some disadvantages of the Benefits-Cost Ratio? What are some depreciation methods? What are the more common methods used in the United States? What does depreciation mean?
Explain how political obstacles (lack of skilled officials, instability, corruption, and constaints by special interest groups) and cultural obstacles (cultural attitudes that discourage entrepreneurial activity and and encourage rapid population gro..
A Researcher estimated that the price elasticity of demand for automobiles in the US is -1.2, while the income elasticity of demand is 3.0. Next year, US automakers intend to increase the average price of automobiles by 5%, and they expect consumers’..
Maturity Risk Premium The real risk-free rate is 2.25%, and inflation is expected to be 3.75% for the next 2 years. A 2-year Treasury security yields 9.75%. What is the maturity risk premium for the 2-year security?
If factor-intensity reversals were indeed prevalent in the real world, how might this fact be used to explain the Leontief paradox? If this explained the paradox, would it suggest that any given U.S. trading partner stood a better chance of conformin..
Consider a model of Cournot competition as studied in class, with 2 firms and a linear inverse demand function P(Q) = a – Q (where Q = q1 + q2 is the total quantity produced by the two firms and a is a parameter). The firms have different marginal co..
Briefly, what are the Price Change Effects on Demand in the Short-Run and Long-Run? PLEASE, your answer must have GRAPHS and be typed not a photo because I'm taking an exam and need to copy and paste the answer as is.
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
“But in real-life America, and especially in the America of railroad men and new industrialists, laissez-faire was a dangerous idea” Explain. The giant modern corporation did more than transform business into finance. It displaced classical ideas abo..
Total federal revenues as a percent of GDP (Gross Domestic Product), since at least World War II, have remained just under. At least one critic of the comparison of revenues as a percent of GDP has stated that the median and average percentage for ta..
What is the best practices frontier? How does this relate to competitive advantage? Explain why rent seeking competition tends to dissipate rents-to drive them down so that there are no abnormal rents?
The Globe-Ex Corporation produces industrial-use gamma ray lasers. It is the only producer of these lasers in the U.S. In the first quarter of 2015, Globe-Ex reported accounting profits = $348 million. Calculate Globe-Exs economic profits. Use the ap..
The United States currently has an “opt-in” system for organ donations from the deceased. People must explicitly choose postmortem donation ahead of time (as when they obtain their driver’s license). Many other nations have “opt-out” systems:
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