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As a professional tennis player, an individual earns $300,000 per year. If employed as a model, the next-best option, this person would earn $120,000 per year. What is this tennis player's economic rent (profit)?
What price does it charge. What is Lite and Kool's markup. How much profit does Lite and Kool make. Do firms in monopolistic.
Illustrate what is the net current value of a project that requires a $100 investment today and returns $50 at the end of the first year and $80 at the end of the second year? Assume a discount rate of 10%.
Draw a graph of the market for chewing gum. What are the equilibrium price and quantity? Mark the equilibrium price and quantity in the graph.
How can reserve requirements, discounting operations and open market operations be used to increase money supply an add if the ecomoony is in recession?
Evaluate change in costs over period in real terms, first in 2004 dollars and m in 2005 dollars. Are your answers same. Explain why or why not.
what effect would this change have on the wages in the two markets you illustrated in part (a)? what effect would the change have on the average wages of men and women?
What is average length of "place order line". What is average length of "pick up line". What is average number of customers in drive through area.
Assume the two newspapers merge. Illustrate what is the likely post-merger bargaining outcome.
What is the standard deviation for the class? b. What percentile did you score in?
If one draws MC curves pre and post innovation as well as the Marginal Revenue line for a monopoly and the MR in a competitive situation.
How do fixed costs play a role in your analysis? What is the difference between shutting down and going out of business?
In 2005, conditions in Iraq led to a sharp drop in consumer confidence and a drop in consumption. Assume that the Fed holds the money supply constant, tell a story and predict the effects on the equilibrium levels of aggregate output (Y) and the inte..
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