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Your firm's research department has estimated your total revenues to be R(Q)=3,000-8Q^2 and your total costs to be C(Q)=100+2Q^2. What is the maximum level of net benefits?
Discuss the elements the led to the successful northern commercialization of agriculture and the differences between the northern commercialization and southern commercialization of agriculture.
Consider three alternative ways of helping poor people get housing: government-subsidized housing costing $6,000 per year, a housing voucher worth $6,000 per year toward rent on an apartment or a house, or $6,000 per year in cash. Which would you pre..
What does the elasticity of demand for labor measure? List and describe the three determinants of this type of elasticity.
Play Around Toys Inc. operates stores in different regions of the country. The senior management of Play Around Toys Inc. has decided to tailor the merchandise selection for each store based on its sales patterns. What types of data are other retail ..
Hong Kong dollar, and the one-year forward exchange rate is 9 yen per dollar. Determine whether or not there is an arbitrage opportunity and, if possible.
Given the formal structure of the Solow model, the numbers in the first column should in principle be per-worker GDP numbers. However, for purposes of the problem.
If the CPI was 110 last year and is 121 this year, what is this year’s rate of inflation? In contrast, suppose that the CPI was 110 last year and 108 this year. What is this year’s rate of inflation? What term do economics use to describe this second..
q1. megan used to work at the local pizzeria for 15000 per year but quit in order to start her own deli. to buy the
Consider the market for taxi service in Washington, DC. Use demand-supply analysis to explain the effects (i.e., increase or decrease) on the equilibrium price and quantity from the following (considers each case separately; and assumes that only one..
In general, do you favor having government more and more power to regulate private industry? Please provide documentation for your answers. Feel free to comment on the postings of your fellow students.
A stock is paying a dividend of $3.10 annually and has an expected rate of return of 7%. You expect the dividend to grow at a rate of 2% for the indefinite future. What price should the stock sell for?
Nudge theory is mainly concerned with the design of choices which influence the decisions we make. According to the theory, what factors should we consider when designing choices?
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