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Q. Suppose you are CEO of a major corporation and one of your company's oil tanks has erupted, spilling thousands of gallons of oil into a river that empties into ocean. What do you need to do to handle crisis? SLook at mistaken assumptions described. Why do such assumptions arise, and what can be done to overcome se biases?
A similar helicopter was purchased 4 years ago at a cost of 140,000$. At an interest rate of 7% per year. Illustrate what would be the equivalent value today of that 140,000$ expenditure.
Illustrate what type of market structure is auto industry. Has consumer surplus been affected in any way due to changes in auto industry structure and if so, how.
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
Illustrate what are marginal net profit when Q=1? Q=5. Illustrate what level of Q maximizes net profits, Illustrate what is value of marginal net profits.
Compute the equilibrium quantity and price and Calculate the consumer and producer surplus.
In which of the following cases should the United States produce more noodles than it wants for its own use and trade some of those noodles to Italy in exchange for wine.
Westinghouse and General Electric are competing on the newest version of clothes washer and dryer combinations.
Illustrate what are the advantages and disadvantages of having monetary policy in the hands of the Federal Reserve System rather than in the legislative or executive branches.
Illustrate what means do they use to hedge against exchange rate risk. Using this information.
One point made is that most demand curves are downward sloping. Can you think of any situation where an individual's demand curve for a product is upward sloping.
Contrast two or three key economic factors for this country with the United State economy also comment.
What is opportunity cost of producing one more bushel of wheat in US. Which country has a comparative advantage in winter hats.
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