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A company has had actual unit demand for four consecutive years of 122, 127, 120, and 121. The respective forecasts using exponential smoothing were 126 for each of those four years. What value of alpha, the smoothing constant, was the firm using?
Suppose there is a permanent increase in the price of oil (i.e. energy prices). If prior to the price increase the economy was in steady state, how should it a§ect output, the capital stock, savings and consumption in the long run?
q. assume labor supply is given by w102ls where w denotes the wage. labor demand is given by w 100-ld.a compute
Consider the market for Canadian maple syrup. The demand and supply functions for Canadian maplesyrup are given by: Find the initial equilibrium price and quantity of Canadian maple syrup. Calculate the initial consumer surplus (CS) and producer surp..
Assume that the demand for plastic surgery is price inelastic. Are the following statements true or false?
Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. Write the firm's isocost equ..
After much research, I have found that Brazils Exchange Rate to the USD has increased and decreased throughout this year however, it has always maintained APPRECIATION while the USD has been DEPRECIATED. I observed that the BR (Brazilian Real) was at..
Incomplete information frequently lowers the average quality of products and services exchanged in markets. This phenomenon, at times called the "lemons problem," explains why the supply of lower-quality products increases relative to higher quality ..
In spending all his income on beer and pizza, Fred finds that the marginal utility of the last pizza is currently 8, the marginal utility of the last bottle of beer is 4, and the price of a bottle of beer is $1.50. If Fred has maximized his utility, ..
If the market value of Fast's equity is $2,000,000 and the value of the firm's debt is equal to its book value, assuming excess cash is zero.
If people suddenly expect the interest rate to fall in the future, then currently,
You plan to buy a $152,015 house. You have $24,200 to use as the down payment. The bank offers to loan you the remainder at 18% nominal interest compounded monthly. The term of the loan is 20 years. What is your equal monthly loan payment?
In a brief 250 essay Access the website for the Consumer Product Safety Commission (CPSC) and review the functions and responsibilities of the CPSC. Present a reasoned argument as to whether the public would be better served by a "free market" approa..
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