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1. The US$ is strengthening relative to the yen. What will happen to US exporters of goods to Japan?
2. Why is it sometimes necessary to compute cross rates?
3. Distinguish among Purchasing Power Parity, International Fischer Effect, and Interest Rate Parity.
The Lumins Lamp Company, a producer of old-style oil lamps, estimated the following demand function for its product: Specify the marginal revenue function. Write an equation for the total cost (TC) function in terms of Q. Specify the marginal cost fu..
Think of a strategy pursued by the company your work for, another company, or even a sports team. How can game theory help improve the outcomes for the decision makers? Explain whether simultaneous-move, repeated-move, or sequential-move games are mo..
A firm sells its product in a perfectly competitive market where or firms charge a price of $80 per unit. Illustrate what price should firm charge in short run.
In 2010, the Laser Company produced 18 t-shirts. Three of them were sold to Catherine for $699 each, later that same year Catherine sold the now used t-shirts to Max for $571 each. The reaming t shirts that Laser produced were not sold to anyone that..
Customers arrive at an automated coffee vending machine at a rate of 4/min, following a Poisson distribution.
Suppose market demand and supply are given by Qd=100-2P and Qs=5+3p. If a price floor of $30 is set, what will be size of the resulting surplus?
Research two periods in history, one where the United States experienced an increase in inflation and the other an increase in unemployment. Write a paper discussing the causes and outcomes. Use the aggregate demand and supply models to analyze the c..
How increasing tax rates do 10 % may affect company revenue, consumer expenditure and government tax revenue in the short run for imported wine?
Compute the short- run and long- run results, explain the changes in the price and in the number of firms.
Elucidate how the investor's curves would appear if she adopts the 50:50 strategies but would not accept any additional return.
The EPA debating preserving a section of wilderness as a protected area. The land is owned by a rancher who has offered to lease the land to the government for 20 years in return for an immediate lump sum payment of 1.8 million. Should the agency pro..
A movement upward and to the left along a demand curve is called a(n)
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