India has an import-competing auto sector that operates under perfectly competitive conditions. Currently, there are no restrictions on auto imports, or any taxes or subsidies. Auto production in...

As an experienced networking professional, you are asked to conduct a posture assessment on a local credit union's network. The credit union currently has two locations, a headquarters downtown...

Consider the competitive market for steel. Assume that, regardless of how many firms are in the industry, every firm in the industry is identical and faces the marginal cost (MC), average total cost...

The phone at Mermans Costume Rentals rings, and Annie Oaklea, head of costume inventory, picks it up and answers a query by saying, Let me take a look at my inventory cards. Sorry, it looks as if...

Avoiding plagiarism in APA papers To read about avoiding plagiarism, see APA-2 in A Writer? s Reference, Seventh Edition. Read the following passage and the information about its source. Then decide...

The included spreadsheet titled Assignment2Data.xlsx contains data on the costs for a sample of small agri-businesses in Kansas. Use it to answer the following questions. The table shows each farms...

Westley Fong, manager of The Lucky 88 Motel, has a contract with Appraisers Associates to appraise his 150-room motel, which is located in beautiful downtown Wahiawa. The consultant on the job has...

Demonstrate knowledge of a variety of capital budgeting tools including net present value (NPV), internal rate of return (IRR), payback period, and profitability index (PI). The analysis of the...

This project is meant for you to incorporate the semesters learnings into an actual scenario. You should work on this project as the topics are covered in class. During the month of October of the...

Given the following information of RISING_STAR company (unit: 1000 USD) RISING_STAR company was incorporated in the first of June 2020. Money was raised at that time with total $1000 which include...

1. Analyze the baseline economy consisting of two goods, two periods, and two representative consumers with endowments. Xavier has Cobb-Douglas preferences over consumption today and tomorrow. U*(C,...

1) What is the amount of Fred and Wilma's standard deduction? 2) What is their total qualified education expenses used to calculate the American Opportunity Credit? 3) Can they claim the Credit for...

There are both pragmatic and normative arguments for citizen engagement in spatial planning. Pragmatic arguments include the need to address increasingly wicked problems - utilizing the knowledge of...

Tom and Jerry decide to enter into a partnership agreement from 1 July 2021. Assets and liabilities brought into the partnership are shown below. Tom Jerry Carrying Fair Carrying Fair Amount Value...

Two firms are operating in the market for domestic robots: 'Elonbot' and 'Schitted', denoted respectively by subscripts E and S . Assume that both firms are the only two producers in this market....

Why do you believe Wahunsonacook believed obtaining metal tools and weapons was so important that he allied with Jamestown colonists?

What dangers do you see in the current trajectory of the Egyptian economy? What are the implications of these dangers for foreign companies that might consider doing business in Egypt? What do you...

Tandy purchased a washing machine from Marshall Appliances. The sales contract included a provision explicitly disclaiming all express and implied warranties, including the implied warranty of...

Research an international group, NGO, or other similarly situated group and explain. How this group is helping to engage an international audience. If this is an area of interest or passion for you...

You need to read the article Social Networking and answer the questions 1. Discuss the ethical issues of social networks and anytime, anywhere accessibility. 2. What are the four primary factors...

In early 2015, two Chinese companies TT and GG entered into a lease agreement, according to which TT would rent out its luxury house to GG for three years. The arbitration clause contained in the...

Administrators at the national headquarters of the center for the display of visual arts are authorized to make small work-related purchases using purchasing cards. The average amount administrators...

Part 1: for a highly addictive substance such as cocaine, could the market demand for it ever be perfectly inelastic at all prices? Explain. Part 2: why do economists measure profit differently from...

Will free trade and perfect competition lead to an equalization of wage rates internationally? Explain

Suppose the supply curves for Firm A and Firm B are shown in the figure to the right. Use the multipoint curved line drawing tool to draw the total supply curve. Label this line "S total ." Carefully...

Assume that you were hired by a government to advise it on the design of its tax system. Discuss some factors that would be relevant to the advice that you would give. In your answer, discuss how...

Use the point drawing tool to show a change in quantity demanded given the combination of price and quantity-demanded shown at point A. Carefully follow the instructions above and only draw the...

1. Explain how each of the following events changes the demand for or supply of air travel. ? Airfares tumble, while long-distance bus fares don?t change. ? The price of jet fuel rises. ? Airlines...

You need both equations and clearly labeled graphs (separate graphs for each question) to answer the following questions. Assume that b = 1/2 and that initially the real interest rate is equal to the...

i) Suggest a variable that varies across countries but plausibly varies little -- or none at all -- over time and could cause omitted variable bias. ii) i) Suggest a variable that varies across time...

Will the addition of more constraints and metrics make it easier to perform trade-offs on projects? Discuss and support your response.

Why do you think so many politicians in the U.S. government continue to fight against access to free or low-cost birth control for women? Do you believe if there were more women in our government,...

C. Melinda Scholer has spent the last few weeks determining inventory costs for TOCO, a toy manufacturer located near Taos, New Mexico. She knows that annual demand will be 20,000 units per year and...

Select or suggest a current fad or trend exhibited by students on campus. You need to select either a fad or trend and then research this fad and trend in light of the marketing opportunities...

a) Explain why people have a demand for money. b) Using the model of the money market for the case of interest rate control, shift the appropriate curve(s) to show the impact of a decrease in the...

A small manufacturer has two plants located in New York and Ohio. It is possible to produce any of the three products A, B, and C at either of the two plants. The gross profit without labor cost from...

If the actual budget deficit is $140 billion, the economy is operating $300 billion above its potential, and the marginal tax rate is 11 percent, what are the structural deficit or surplus and the...

Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions...

You need to read The Big Short Extra Credit and answer the following questions: 1. What is the lie at the heart of the economy? 2. What role did the rating agencies playMoody's, Standard &...

Given Microsofts lackluster performance since 2000, the once dominant company is now in turnaround mode. Over time, its competitive advantage turned into a competitive disadvantage, lagging behind...

If a country has a lower opportunity cost than its potential trading partner, the country should decide to be self sufficient. true or false

Research GDP measurement to address the following: How was the GDP measurement invented? Are you a supporter or a critic of this measurement? From your perspective as a supporter or critic, provide...

Suppose that a manufacturer sells a product through an upscale boutique and, with a different brand name, through a discount retailer. The elasticity of demand at the boutique is -1.2 and at the...

It is often asserted that educational systems in developing countries, especially in rural areas, are unsuited to the real social and economic needs of development. Do you agree or disagree with this...

Geppetto and Lewis decide that they would like to trade puzzles and puppets in order to better stock their toy store shelves. The table below compares their production possibilities schedules....

Suppose that the market for cashmere sweaters is a competitive market. The following graph shoes the daily dost curves of a firm operating in this market For each price in the following table,...

a) Calculate the NPV for the following capital budgeting proposal: $100,000 initial cost, to be depreciated straight-line over five years to an expected salvage value of $5,000, 35% tax rate, $45,000...

Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of pizzas) (Dollars) (Dollars) 0 320 0 1 380 60 2 430 110 3 460 140 4 500 180 5 550 230 6 620 300 The...

Design the input signal system of x(t) described below: x (1) = - 2 < 1 < -1 -1 < < 1 0, 1 1 <1 < 2 otherwise 0, 1, (a) Determine the Fourier transform of x(t) analytically and plot the spectrum of...

You are given the following short-run production function for the firm: Q = 24L (0.01)( L2 ), where L = number of workers hired per day, Q = output per day. The firm is a perfect competitor in both...

1. Let us complicate the story of Jokx and Beljeau enormously by sup- posing that both Jokx and Beljeau must decide whether to commission market surveys that will reveal the size of the market. For...

The First Church has been asked to operate a homeless shelter in part of the church. To operate a homeless shelter the church would have to hire a full time employee for $1,200/month to manage the...

The 21,000-seat Air East Arena houses the local professional ice hockey, basketball, indoor soccer, and arena football teams as well as various trade shows, wrestling and boxing matches, tractor...

1. Imagine that you run the central bank in a large open economy with a floating exchange rate. Your goal is to stabilize income, and you adjust the money supply accordingly. Under your policy, what...

Given the following total-revenue and total cost functions of a firm. TR- 22Q-0.5Q TC=1/3 Q2-8.5Q2 +50Q +90 Where, TR Total revenue TC Total cost Q Quantity of output Determine the level of output at...

In the market for scooters, several events occur one at a time. Illustrate the effects by either a movement along the demand curve or a shift in the demand curve for scooters. a. The price of a...

A utility function is given as U = ?MB where B represents the quantity of books consumed and M represents magazines. This utility is shown via indifference curves in the diagram to the right. If the...

As the manager of a local hotel chain, you have hired an econometrician to estimate the demand for one of your hotels (H). The estimation has resulted in the following demand function: QH = 2,000 -...

Suppose there are only three goods in this closed economy that does not trade with other countries: energy drinks (Consumption), computers (Investment), and public highways (Government). Over a...

Suppose the wage rate for labor is $20 an hour and the rental rate for capital is $50 per hour. Based on this information, please answer the questions appearing below the questions appearing below...

Capsule Corp wants to see if their daily sales values affect their share price (with a one-week delay). In some chosen week, the daily sales revenues were Z23m, Z4m, Z18m, Z17m, and Z25m (in millions...

26. Solve the following linear programming model graphically: minimize Z = 8x + 6x2 subject to 4x + 2x = 20 -6x + 4x = 12 x + x 6 X1, X0

1. Assume an economy of two firms and two consumers. The two firms pollute. Firm one has a marginal savings function of MS, (e) = 5 - e where e is the quantity of emis- sions from the firm. Firm two...

Assume that barber shops operate in perfectly competitive product and factor markets. Which of the following will happen to working barbers if the price of haircuts decreases? (A) The marginal...

With many other options available, customers no longer let their money sit in a checking account. For many years the mean checking balance has been $1,600. Do the sample data indicate that the mean...

Why is an understanding of development crucial to policy formulation in developing nations? Do you think it is possible for a nation to agree on a rough definition of development and orient its...

A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you that the price elasticity of demand for his pizza is -2, and he asks you...

The following paragraph is from an article titled, Hydraulic Fracturing Overview: Growth of the Process and Safe Drinking Water Concerns in the March 1, 2012 issue of Congressional Digest: The use of...

A certain wine costs $3 a bottle to produce. It improves in taste if stored properly for a period of time. When it is newly bottled, people are willing to pay only $2 a bottle to drink it. But the...

Assume a retailer sells 2,000 six-packs of Pepsi/day at a price of $2.00 per six-pack. The cross price elasticity of demand for Pepsi with respect to Coca Cola price is 0.9. If the price of Coca Cola...

Suppose that the price elasticity of demand for cigarettes is 0.46 in the short run and 1.89 in the long run, the income elasticity of demand for cigarettes is 0.50, and the cross-price elasticity of...

The market price of hamburgers in a college town decreased recently, and the students in an economics class are debating the cause of the price decrease. Some students suggest that the price...

CNG Pipeline Company At the weekly brainstorming session. John Spychalski, president of CNG Pipeline Company (CNG), suggested that they build a new pipeline from Elizabeth. New Jersey, to the Midwest...

You own a private parking lot near Stony Brook University with a capacity of 600 cars. The demand for parking at this lot is estimated to be q = 1000 2p where q is the number of costumers with...

The probability is .03 that a passenger on United Airlines Flight 9841 is a Platinum flyer (50,000 miles per year). (a) ir 200 passengers take this flight, find the binomial and Polsson probability...

Observations are taken on sales of a certain mountain bike in 24 sporting goods stores. The regression model was Y= total sales (thousands of dollars), X1 = display floor space (square meters), X2 =...

Perform the regression and write the estimated regression equation. Do the coefficient signs agree with you're a priori expectations? (Round your answers to 4 decimal places.) picture Click here for...

Henri's utility function is min {x, 5y+2z},The price of x is 1,price of y is 15 and the price of z is 7.Henri's income is 44.how many units of x does henry demand?

Consider the following market game: An incumbent firm, called firm 3, is already in an industry. Two potential entrants, called firms 1 and 2, can each enter the industry by paying the entry cost of...

Ralph usually buys one pizza and two colas from the local pizzeria. The pizzeria announces a special: All pizzas after the first one is half-price. Show the original and new budget lines. What can...

2.Explain why aggregate demand (AD) curve is negatively sloped by taking the link between the goods market and money market

Historically, young French workers (under age 25) have had relatively high unemployment rates: 21 percent in 2005. In 2006, the French government proposed to allow employers to fire young employees...

Different approaches are used in measuring costs, depending on the purposes for which the information is to be used. Discuss and distinguish the appropriate approach for: Financial reporting...

7.Suppose a proposed new road to be constructed in North Carolina between Raleigh and Morehead City will lower the average cost per trip by car from $5 to $4. Currently, 500,000 trips are made...

Assume the price elasticity of demand for physicians services is -0.2. If your marginal cost per visit is $20, what is your profit-maximizing price if you control 5 % of the market? What is you...

Discuss and summerize the Hecher Ohlin Model. Specify the assumptions used, definitions made and theorems solved.

Nabil is an insurance agent and his client, Bernardo, is the power of attorney for his sister Larissa. Bernardo completes an application for a segregated fund contract on Larissa's behalf. Bernardo...

You are given the annual data in Table 8-5 for the United States for the period 1971 to 1986. Consider the following aggregate demand function for passenger cars: InY i = B 1 + B 2 InX 2t + B 3 InX...

Derive multistep ahead forecasts for a GARCH(1, 2) model at the forecast origin h.

1:11 A government agency provides labour data as presented in the table below. Based on this data, answer the following questions.in thousands Both sexes, 15 years and over Population 32,696.6 Labour...

Treating a patient with congestive heart failure with tPlex rather than Isother increase saverage life expectancy to 12.3 years rom 11.5 years. The added cost of therapy is $14,000. What is the cost...

Let R0 be tomorrows one-day return on the S&P 500. How long will it take, on average, to observe a return Rt > R0?

Mitch works for acme inc where he is a member of the group benefits plan which includes a basic life insurance benefit of 2 times salary acme pays 50 of the premiums under the group plan and the...

Complete the questions for the enclosed case, Cat & Joe Case. Required Questions:1. List and briefly describe the advantages and disadvantages inherent to the food truck business model as...

The market distortion or inefficiency of a commodity tax is greatest when: Select one: O a. supply and demand are both inelastic. O b. supply and demand are both elastic. demand is perfectly...

Many people have proposed various revisions to the income tax collection in the United States. Some, for example, have claimed that a flat tax would be more fair. Others call for revisions to how...

NO HAND WRITTEN ATTACHMENT, EXCEPT THE GRAPH, WILL BE GRADED Draw Demand curve and Supply curves on the same graph taking price on the vertical axis and quantity demanded and supplied on the...

The following table shows a money demand schedule, which is the quantity of money demanded at various price levels (P). Fill in the Value of Money column in the following table. Price Level (P) Value...

1. Bert, as a consumer, places the value on a pair of jeans as follows. Value of first pair: $70 Value of second pair: $60 Value of third pair: $50 Value of fourth pair: $40 Value of fifth pair: $30...

The following graph input tool shows the daily demand for hotel rooms at the Triple Sevens Hotel and Casino in Las Vegas, Nevada. To help the hotel management better understand the market, an...