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Your corporation Income Statement for 2017 has cost of goods sold of $5,225. The Balance Sheet for 2017 has inventory of $1,885. What is the inventory turnover for 2017? Please show your ratio and calculations in the space provided.
What do you think are the implications of the level of both consumer and government debt? What are the implications of foreign ownership of US government debt?
Inflation is a sustained rise in the average price level. An increase in aggregate demand can cause demand-pull inflation. A decrease in aggregate supply can cause cost-push inflation. Prior to World War II, both inflation and deflation were common, ..
John spends $I on bottled water which he can buy in two sizes: 0.75 liter and 2 liter. The water is identical in the two sizes and John gets no utility from the containers themselves, only from the water. Write down a utility function for John in ter..
Assume that the Marginal Cost in period 1 is constant and equal to MC1=$2; and the Marginal Cost in period 2 is also constant and equal to MC2=$4. Determine the dynamic efficient allocation. Determine the optimal prices and marginal user cost in both..
What happens to the equilibrium prince and quantity in each markets when the government reduces the supply ofgoods with elastic demand.
Canadian Tire is one of Canada’s largest companies, with 57,000 employees and 1,200 stores and gas bars (gas stations) across Canada selling sports, leisure, home products, apparel; and financial services as well as automotive and petroleum products...
The market demand is given by P=260-0.002*Q. The monopolist's costs are described by TC=8,000,000+2Q. Calculate the profit-maximizing quantity.
Tell me if you agree or disagree with the statement below and why? Supply-side economics is a theory in macroeconomics that lowering barriers in goods and services, along with investment in capitol will effectively create economic growth.
What are some of the reasons that some countries that started off with a relatively low level of per capita GDP—like Japan, Korea, and China—are able to grow so much faster than the countries that already have high per capita GDP?
Provide an example based on your professional experience of a situation in which using a multiple regression model or nonlinear regression model may have helped your organization make a better decision.
Suppose years of schooling, s, is the only variable that affects earnings. The equations for the weekly salaries of male and female workers are given by: What is the average male-female wage differential in the labor market? How much of this wage dif..
Explain why a monopolist's marginal revenue curve lies bellow the demand curve. Explain why this leads the monopolist to produce an inefficient quantity. Discuss the labor market from the two point views of supply and demand. Discuss about the pros a..
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