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GE Marine Systems is planning to supply a Japan- ese shipbuilder with aero-derivative gas turbines to power 11 DD-class destroyers for the Japanese Self-Defense Force. The buyer can pay the total contract price of $2,100,000 two years from now (when the turbines will be needed) or an equivalent amount now. At an interest rate of 15% per year, what is the equivalent amount now?
Assume that the demand and supply functions for good X are as follows: What is the equilibrium price and equilibrium quantity?
the cost of transporting goods and the price of obtaining information has decreased substantially over the past 100
if the inverse demand curve is p120-qand the marginal cost is constant at 10how does charging the monopoly a specific
Some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.
Suppose there is an increase in demand (rightward shift in demand). Consider two graphs. In Graph [X], supply is relatively inelastic. In Graph [Y], supply is relatively elastic. Which of the following is true? Drawing graphs will help.
In an effort to stop the migration of many of the automobile manufacturing facilities from the Detroit area, Detroit's city council is considering passing a statute that would give investment tax credits to auto manufacturers. Effecively, this wou..
Chris eats one hamburger and washes it down with one beer. He will not consume an additional unit of one item without an additional unit of the other.
Evaluate this view of the cause of recessions
Which of the following is the path through which contractionary monetary policy works?
For this assignment you are to create a PowerPoint document that provides a basic economic profile. What is its GDP and GDP per capita and where does it rank in terms of each?
Assume that the demand curve for apples is given by Qd = 140 - 5P, where Qd is number of pounds demanded per year and p is the price per pound. The supply of apples can be described by Qs = 40 + 3P, where Qs is the number of pounds provided.
How did external stakeholders contribute to the revitalization of the classic LEGO ideas? What were the implications for brand management?
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