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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: What Economics priniciples discussed by Stonebraker should have warned us that ObamaCare (PPACA) would increase premiums rather than reduce them? Should government protect workers by capping premiums? Why or wh ...
Question - Consumer's surplus Sir Plus has a demand function for mead that is If the price of mead is given by the D(p) = 100 - p. If the price of mead is 75, how much is Sir Plus's net consumer's surplus? (a) 312.50 (b) ...
Question: Steven has been your best friend since grade school. You have decided to quit your jobs and start up a bakery together since you both love bread. He insists he wants to start the business as a partnership. You ...
Question: Unemployment rate is expected to drops to 4.4 percent. Using Aggregate Demand/Aggregate Supply (AD/AS) model show the impact on real output and price level when there is: A. Drop in unemployment rate B. Higher ...
Question: Corporate directors are either insiders who hold (or have held) important positions within the company or outsiders who have achieved distinction elsewhere. a. Why do you as a shareholder probably prefer that t ...
Question: Labor markets are "matching markets," in which prospective employees are ultimately matched with job vacancies, and the quality of the match has a large impact on its productivity. a. Economists and sociologist ...
Question: During the 1990s, the age cohort that grew the most rapidly was the 45-54 cohort, which has the highest saving rate. Yet during that same period, the personal saving rate as reported by the BEA declined sharply ...
Question - Research a recent (within one year) article that discusses an unethical behavior or activity associated with a famous apparel or accessories brand. Discuss the article and any associated articles that disclose ...
Question: In 2009 U.S. households were not even buying a toaster when it wore out. Which economies that are major trading partners of the United States are presently in slowdowns? How long do you think that situation wil ...
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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