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Microeconomics, Economics
Question: Suppose a gym faces inverse demand p(qi) = a - bqi from each of N identical customers, and costsrepresented by C(Q) = cQ. Without competition, this would imply that qi = (a- c)/2b , and p = (a+c)/2 . The is one ...
Question: The equation describing the evolution of capital stock per worker in an economy is the following: K t+1 /N-K t /N = sY t /N-dK t /N; where K is capital stock, N labor, Y output, s the saving rate and d the depr ...
Question: Suppose the current equilibrium price of a quarter-pound hamburger is $5, and 10 million quarter-pound hamburgers are sold per month. After the federal government imposes a tax of $0.50 per hamburger, the equil ...
Global poverty is an international issue. Other countries are inclined to look to the U.S. with its great wealth to take an active role in assisting poor nations. People here spend money trying to counter baldness while ...
Question: Tom Jones Beef Jerky is naturally high in protein and low in fat, calories, and carbs that make it an ideal snack for active, health conscious individuals. The only problem is that consumer research shows that ...
Question: In some industries, merger agreements stipulate that a high-ranking executive of one company will be president or chairman of the board of the merged company for a certain period of time, say four years, after ...
Question: Suppose that there is an urgent need for new school buildings and teachers that emerged after hurricane Harvey in Houston, Texas. Answer the following questions about grants. a. Explain why a block grant, in co ...
Question: Imagine that the government reworks the welfare policy that was affecting Jonathan in question 1, so that for each dollar someone like Jonathan earns at work, his government benefits diminish by only 30 cents. ...
Question: In principle, the benefits of international trade to a country exceed the costs, no matter whether the country is importing or exporting. In practice, it is not always possible to compensate the losers in a cou ...
Question: If you were president of a Third World country which lacked diversity among its political leadership, mention and discuss three policies you would pursue to ensure fair representation of women as decision maker ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As