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Many colleges sell special cards that students can use to purchase everything from textbooks or meals in the cafeteria to use of washing machines in the dorm. Students deposit money in their cards; as they use their cards for purchases, electronic scanners remove money from the cards. To replenish a card's money, a student makes a cash deposit that is credited to the card. Would these cards count as part of the money supply? This question is already answered here but one answer says yes and another says no. Which is corret?
In a paragraph or two, outline two tactics that businesses can use to improve the value they provide to customers. List and briefly describe four activities that a company might undertake in the formation of an online business initiative.
You are in charge of making recommendations based on economic forecasts to upper management of your firm, which produces widgets and employs 2,500 workers. Upper management has informed you that they are planning to build a new facility and hire 500 ..
If an increase in price from $1 to $2 per unit leads to an increase in quantity supplied from 20 to 100 units, then what is the value of price elasticity of supply?
A life-insurance salesman spends 9 hours a week on the telephone soliciting new clients. From past experience, the salesman estimates that each hour spent calling students, blue-collar workers, and professionals will produce the following number of a..
The bureaucratic form of government is so prevalent in public agencies and tends to result in a slower paced, less consumer oriented management
Are monopolies and oligopolies (firms demonstrating power) always bad for society?
assume which the benefit to the villagers of each additional cow grazing on the commons declines as more cows graze, since each additional cow has less grass to eat than the previous one.
Jim and Lisa own a dog-grooming business in Champlain, New York, called JL Groomers. There are many buyers and many sellers in the dog-grooming service market. JL Groomers experiences normal cost curves, with the marginal cost (MC) curve crossing ave..
A limited has an authorized share capital of 200,000 shares of Kshs. 1 each out of which only 150,000 shares have been issued. Although the firm requested the shareholders to pay 80 cents per share, they were able to pay 50 cents per share.
Republican presidential candidate Donald Trump is a multi-billionaire who claims that, if elected, he would run the country like a business firm. Using the economics of the firm, explain why this may not be so.
Suppose a US company purchases 1 million Euros’ worth of automobiles from a German car manufacturer, and pays with the proceeds from the sale of Eurobonds. Calculate the impact (debits and credits) of each of these transactions for the balance of pay..
Find out the real rate of interest earned by Albert in each of the three years and his total real return over the three-year period. Suppose that interest earnings are reinvested each year and themselves earn interest.
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