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Question - The supply for cars Q s , depends on the price of cars P, and the price of steel P s . The demand for cars Q d , depends on the price of cars P, the price of car insurance P i , the price of bus tickets P b , ...
Question - A firm has two variable factors and a production function, f(x 1 , x 2 ) = x 1 ½ x 2 ¼ . The price of its output is 4. Factor 1 receives a wage of w 1 and factor 2 receives a wage of w 2 . (a) Write an equatio ...
Question: Mandy has an income of $800 in period 1 and will have an income of $500 in period 2. Her utility function is U(c 1 , c 2 ) = c 0.80 c 0.20 , where c 1 is her consumption in period 1 and c 2 is her consumptio ...
Question: Assume an economy is described by the following economic parameters: C = 0.8YD YD = Y + TR - tY TR = 100 t = 0.3 I = 1000 - 65i G = 600 L = 0.25Y - 75i M/P = 600 What is the equation that describes the IS curve ...
Question: How would you manage the costs associated with a value-creation activity? How do costs of operations relate to the strategy of the organization? The response must be typed, single spaced, must be in times new r ...
Question: Draw a long run average cost and marginal cost curve for a business and explain why they have this shape. - Also on the graph show a P1 that is very profitable for this firm and the Q1 associated with this P1. ...
Question: Consider the maximum entropy ensemble for the Erd ?os-R ´enyi random graph model P(G; ß), as discussed in class. Compute the Shannon entropy S[P] = S(ß) of this ensemble as a function of ß and N. As a function ...
Question - A price-taking firm has the production function Q = f(z 1 , z 2 ). The output price is P and the input price is w 1 and w 2 . There are two unusual things about this firm. First, rather than maximizing profit, ...
Question: Jones is one of 100,000 corn farmers in a perfectly competitive market. What will happen to the price she can charge if: a. The rental price on all farmland increases as urbanization turns increasing amounts of ...
Question - You have a full-time job but you decide to go to a college and be a full-time student. What is your total economic cost to be a full-time student? Provide and discuss two items of explicit cost and two items o ...
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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