Question: If a coal mining company would be willing to produce and sell 9 million tons a year at $150/ton, but would be willing to produce and sell 11 million tons a year at $250/ton, - calculate its price elasticity of ...
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Question: A group of 10 people have the following annual incomes: $55,000, $30,000, $15,000, $20,000, $35,000, $80,000, $40,000, $45,000, $30,000, $50,000. Calculate the share of total income received by each quintile of ...
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Question: Suppose the risk-free rate 0.07 and a security with a beta of +1 has an equilibrium expected rate of return of 0.06. What is the equity market premium? The response must be typed, single spaced, must be in time ...
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Question: You see a bicycle on special sale for $300. After thinking it over you decide you are unwilling to pay that much and walk away. Just before you go you turn the price tag over and see that it was originally sell ...
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Question: The European Central Bank (the ECB) buys bonds on the open market (from commercial banks). a) Assume that banks In the eurozone initially have no excess reserves. What is the effect of the central bank's action ...
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Question: Consider a mineral that is in fixed supply, Q s =4. The demand for the mineral is given by Q D = 10- 2p,where pis the price per pound, and Q D is the quantity demanded. The government imposes a tax of $2 per p ...
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Question: Mr. Paul is consuming products X and Y optimally and deriving total utility of 10 utiles. when his budget is increased from K80 to k81, his utility increases from 10 utiles to 10.1 utiles. a) what is the margin ...
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Question: What is the maximum amount you would pay for an asset that generates an income of $10,000 at the end of each of the three years of the opportunity cost of using funds is 3.5 percent? The response must be typed, ...
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Question: Your company is considering whether to retain the highest-quality raw materials supplier available. Assuming that it really is the best supplier, does this ensure that you will make an economic profit? Explain. ...
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Question: The Federal Reserve Bank controls the money supply and interest rates in the United States. In your informed opinion, has it done a good or a bad job over the last decade? Why? What could it or should it have d ...
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