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Three years ago, you purchased 192 shares of IBM stock for $101 a share. Today, you sold your IBM stock for $117 a share. For this problem, ignore commissions that would be charged to buy and sell your IBM shares and dividends you might have received as a shareholder.
(a) What is the amount of profit you earned on each share of IBM stock? Amount of profit per share $
(b) What is the total amount of profit for your IBM investment?
Why are many online service markets likely to be perfectly competitive? Recently, competitors of Plug and Play have been opening their own shared- workspace centers. Does the market for shared workspace likely possess characteristics of a perfectly c..
Typically the government: Inflation caused by people’s expectations of inflation is called self-fulfilling inflation. The _____ the unemployment rate and the _____ the rate of inflation, the higher the misery index. If the nominal rate of interest i..
Elucidate what percentage of the variation in salary is explained by this model. Describe the point estimate of salary for a teacher with 20 years of experience.
Otto’s Autos buys cars for resale from the manufacturer at the price of $10,000 per car. Assuming there are no other costs, draw Otto’s total, marginal, and average cost curves. Suppose Otto launches a new ad campaign that costs $100,000. On a separa..
q.when milton friedman and anna schwartz in a book titled a monetary history of the united states 1867-1960 uncovered
How can fiscal policy create jobs? Discuss Can the government make things worse by intervening in markets? Are there other options outside the markets and government that will fix macroeconomic failure? Discuss
Politicians are often heard saying that tuition at state universities should be kept low "to make education equally accessible to all residents of the state, regardless of income." Think about the flu shot in the context of a public good. What are th..
q.your lecturer used to work at a nationwide chain of retail swimming pool stores which pays its sales force a bonus
Price discrimination that can be sustained occurs when. Without insurance price of the drug is $500. Quantity demanded was 1,000. With insurance (Coinsurance rate is 10%) demand increases to 1,400. What is the social loss due to insurance?
the probability of damage between $10,000 and $25,000 to be.12 If the company wants to make a profit of $200 above the expected cots, what should be the price of the policy?
What is the present worth of a series that gives you $56 in period 1 and then gives you $1 more each time period until period 100 when the interest rate is 5%?
What is the relationship between a perfectly competitive firm's MRP curve for an input and that firm's demand curve for that input?
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