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The oil well Maconda exploded in the Gulf of Mexico in 2010, killing 11 people and creating a huge oil spill. BP did not own the deepwater horizon platform, but leased it from a company called Transocean. Would BP have paid more attention to safety if it owned, rather than leased the platform? Explain.
Understanding of the elasticity of demand to dispute this claim, assuming that cigarettes have a very inelastic demand. Illustrate with a graph.
Discuss how inflation affects the rate of return required on the investment project, and the distinction between a real and a nominal (or‘money terms') approach to the evaluation of the investment project under inflation.
A function of government is to regulate natural monopolies. Describe what is a natural monopoly and why it needs government regulation
Analyze the past, current, and future cost considerations of the company and, on the basis of your costs analysis, create a list of strategies to enhance the company's profit. In your analysis, include the following information about the various c..
Mr. Smith is president of a firm that is the industry price leader; that is, it sets the price and other firms sell all they want at that price. The other firms act as perfect competitors.
What is the consumer surplus [loss] associated with the merger and what was the profit before the merger? after? increase? How does the consumer loss compare to the increase in profit?
Create a log return series from the stock price index (the log return is the change in the logarithm of the stock price). Estimate an appropriate pure AR(p) model and an appropriate pure MA(q) model and compare these to a mixed ARMA(1,1) model.
The table given below are the demand and supply schedules for television sets in Venezuela, a small country that is unable to affect world prices.
Calculate the extra output due to the water project and calculate the annual output of the village if the water project would be installed in $s
Derive, and show on a table, Sony's total and marginal revenue for all possible output levels. From this, draw Sony's demand, marginal revenue and marginal cost curves
Future economic glowth
Identify the following components for a lesson you might want to teach intended grade level for instruction
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