Economics

You are an industry analyst that specializes in an industry where the market inv

You are an industry analyst that specializes in an industry where the market inverse demand is P = 250 - 4Q. The external marginal cost of producing the product is MCExternal = 7Q…

You are an industry analyst that specializes in an industry where the market inv

You are an industry analyst that specializes in an industry where the market inverse demand is P = 250 - 4Q. The external marginal cost of producing the product is MCExternal = 7Q…

You are an industry analyst that specializes in an industry where the market inv

You are an industry analyst that specializes in an industry where the market inverse demand is P = 200 - 4Q. The external marginal cost of producing the product is MCExternal = 6Q…

You are an owner of a book store, and you meet with other neighborhood book stor

You are an owner of a book store, and you meet with other neighborhood book store owners. Consider that books and library books are substitutes. In an attempt to increase sales, y…

You are an owner of a car wash, and you meet with other neighborhood car wash ow

You are an owner of a car wash, and you meet with other neighborhood car wash owners. Consider that trips through the car wash and washing your car at home are substitutes. In an …

You are analyzing the purchase of new equipment. Since you are not an expert on

You are analyzing the purchase of new equipment. Since you are not an expert on this type of equipment, you hire a consulting firm to make recommendations. The consultant charged …

You are analyzing the purchase of new equipment. Since you are not an expert on

You are analyzing the purchase of new equipment. Since you are not an expert on this type of equipment, you hire a consulting firm to make recommendations. The consultant charged …

You are appointed secretary of the treasury of a recently independent country ca

You are appointed secretary of the treasury of a recently independent country called rugaria. The currency of rugaria is the lav. The new nation began fiscal operations this year,…

You are asked questions about 5 mutually exclusive candidates described as follo

You are asked questions about 5 mutually exclusive candidates described as follows (all quantities are in thousands): Candidate 1: Present worth of costs = $1,000; Present worth o…

You are asked to evaluate the likely effects of a tax on cigarettes equal to $1

You are asked to evaluate the likely effects of a tax on cigarettes equal to $1 per pack of cigarettes. Specifically, you are to file a report which predicts by how much this will…

You are asked to evaluate the likely effects of a tax on cigarettes equal to $1

You are asked to evaluate the likely effects of a tax on cigarettes equal to $1 per pack of cigarettes. Specifically, you are to file a report which predicts by how much this will…

You are asked to make a comparison of two countries, Chile and Argentina. The av

You are asked to make a comparison of two countries, Chile and Argentina. The average saving rate in Argentina is 25 percent, in Chile it is 30 percent. (a) Assume the countries a…

You are asked to recommend whether a firm should make or purchase product A. The

You are asked to recommend whether a firm should make or purchase product A. The following are data concerning the two options. For the purchase option, the firm can buy product A…

You are asked “Should we buy a house or not?” and given the following set of rul

You are asked “Should we buy a house or not?” and given the following set of rules to answer it: R1: IF inflation is low, THEN interest rates are low, ELSE interest rates are high…

You are attempting to reconstruct a project analysis of a co-worker who was fire

You are attempting to reconstruct a project analysis of a co-worker who was fired. You have found the following information: 1. The IRR is 12%. 2. The project life is 4 years. 3. …

You are bargaining over the price of a new car. Suppose you as the potential buy

You are bargaining over the price of a new car. Suppose you as the potential buyer, do not want to pay more than $20,000 for the new car, though it is actually worth $34,000 to yo…

You are between jobs and have decided to relocate to a city west of the Mississi

You are between jobs and have decided to relocate to a city west of the Mississippi River, but you are unsure of what size or type of city you and your family can afford to live i…

You are bullish on Telecom stock. The current market price is $55 per share, and

You are bullish on Telecom stock. The current market price is $55 per share, and you have $6,700 of your own to invest. You borrow an additional $4,850 from your broker at an inte…

You are choosing between two goods, X and Y, and your marginal utility from each

You are choosing between two goods, X and Y, and your marginal utility from each is as shown below. Enter your answers as whole numbers. If your income is $18.00 and the prices of…

You are choosing between two goods. X and Y. and your marginal utility from each

You are choosing between two goods. X and Y. and your marginal utility from each is as shown below. If your income is $18.00 and the prices of X and Y are $4. 00 and $2.00, respec…

You are comparing replacing the current lab, which has a cost function of 400,00

You are comparing replacing the current lab, which has a cost function of 400,000 + 15*Volume with an automated lab that has a cost function of 500,000 + 10*Volume. Doing so would…

You are competing in a perfectly competitive bread industry. You spent $1000 dev

You are competing in a perfectly competitive bread industry. You spent $1000 developing a special bread recipe, but unfortunately your customers can’t tell the difference between …

You are conducting a study on household milk consumption, and observed n = 33 di

You are conducting a study on household milk consumption, and observed n = 33 different households in Los Angeles county. Let the following variables denote your observations: y =…

You are conducting a study on pie sales, and observed weekly sales figures from

You are conducting a study on pie sales, and observed weekly sales figures from a bakery for n = 27 weeks. Let. the following variables denote your observations: y = Number of pie…

You are considering a luxury apartment building project that requires an investm

You are considering a luxury apartment building project that requires an investment of $12,500,000. You expect the maintenance cost for the apartment building to be $250,000 the f…

You are considering a luxury apartment building project that requires an investm

You are considering a luxury apartment building project that requires an investment of $1,300,000. The building has 50 unites. We expect that the maintenance cost for the apartmen…

You are considering a luxury apartment building project that requires an investm

You are considering a luxury apartment building project that requires an investment of $12,500,000. The building has 50 unites. You expect that the maintenance cost for the apartm…

You are considering a luxury apartment building project that requires an investm

You are considering a luxury apartment building project that requires an investment of $12,500,000. The building has 50 unites. You expect that the maintenance cost for the apartm…

You are considering a project with conventional cash flows. The IRR is 12.6 perc

You are considering a project with conventional cash flows. The IRR is 12.6 percent, NPV is –$198, and the payback period is 2.87 years. Which one of the following statements is c…

You are considering a sales job that pays you on a commission basis or a salarie

You are considering a sales job that pays you on a commission basis or a salaried position that pays you $50,000 per year. Historical data suggests the following probability distr…

You are considering a stock investment in one of two firms (AllDebt, Inc., and A

You are considering a stock investment in one of two firms (AllDebt, Inc., and AllEquity, Inc.), both of which operate in the same industry and have identical operating income of …

You are considering acquiring a firm rumored to have developed an effective gene

You are considering acquiring a firm rumored to have developed an effective gene therapy for diabetes. The value of the firm depends on this therapy. If the therapy is effective, …

You are considering adding a new software title to those published by your highl

You are considering adding a new software title to those published by your highly successful software company. If you add the new product, it will use capacity on your disk duplic…

You are considering an investment in Fields and Struthers, Inc., and want to eva

You are considering an investment in Fields and Struthers, Inc., and want to evaluate the firm’s free cash flow. From the income statement, you see that Fields and Struthers earne…

You are considering an investment in Roxie\'s Bed & Breakfast Corp. During the l

You are considering an investment in Roxie's Bed & Breakfast Corp. During the last year, the firm's income statement listed an addition to retained earnings of $16.20 million …

You are considering auctioning a Leonardo Da Vinci original sketch. You entice f

You are considering auctioning a Leonardo Da Vinci original sketch. You entice four bidders to come to your auction. The bidders' valuations of the sketch in decreasing order are …

You are considering becoming involved in the sustainable energy industry by open

You are considering becoming involved in the sustainable energy industry by opening a business that installs solar panels. In your area, this industry can be characterized as a co…

You are considering building a Rent Your Own Storage Centre. There is free entry

You are considering building a Rent Your Own Storage Centre. There is free entry and exit in the industry and the services offered by the large number of storage firms are essenti…

You are considering buying a new house that costs $300K. With probability 0.2 th

You are considering buying a new house that costs $300K. With probability 0.2 the roof will have to be replaced immediately. With probability 0.5 it will have to be replaced in 10…

You are considering buying a new house, and have found that a $200,000, 30-year

You are considering buying a new house, and have found that a $200,000, 30-year fixed-rate mortgage is available with an interest rate of 4 percent. This mortgage requires 360 mon…

You are considering buying a new house, and have found that a $200,000, 30-year

You are considering buying a new house, and have found that a $200,000, 30-year fixed-rate mortgage is available with an interest rate of 6 percent. This mortgage requires 360 mon…

You are considering buying a new machine for your factory. You estimate that you

You are considering buying a new machine for your factory. You estimate that your profits will increase by $25,000 over its first year in operation (for simplicity assume profits …

You are considering constructing a luxury apartment building project that requir

You are considering constructing a luxury apartment building project that requires an investment of $15,500,000, which comprises $12,000,000 for the building and $3,500,000 for la…

You are considering entering a market serviced by a monopolist. You currently ea

You are considering entering a market serviced by a monopolist. You currently earn $0 economic profits, while the monopolist earns $5. If you enter the market and the monopolist e…

You are considering going to graduate school for a one-year masters\' program. Y

You are considering going to graduate school for a one-year masters' program. You have done some research and believe that the master's degree will add $5000 per year to your sala…

You are considering how many hours per day (out of 24) to spend at work. Every h

You are considering how many hours per day (out of 24) to spend at work. Every hour you spend at work, you get paid a wage of $60. However, this is also an hour you have to spend …

You are considering how to invest part of your retirement savings.You have decid

You are considering how to invest part of your retirement savings.You have decided to put $400 000 into three shares 59% of the money in Minerva currently $21/share 15% of the mon…

You are considering installing all new compact fluorescent light bulbs in your h

You are considering installing all new compact fluorescent light bulbs in your house. Your initial investment in the light bulbs will cost a total of $400 and you expect them to l…

You are considering investing in a company that cultivates abalone for sale to l

You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per abalone     = $80 Variable cost pe…

You are considering investing in a company that cultivates abalone for sale to l

You are considering investing in a company that cultivates abalone for sale to local restaurants. Use the following information: Sales price per abalone = $80 Variable cost per ab…