Economics

A tlity function is given as 50- 45 40- 35- 30- 25- 20- 15 10- 5 where B represe

A tlity function is given as 50- 45 40- 35- 30- 25- 20- 15 10- 5 where B represents the quantity of books consumed and M represents magazines. This utility is shown via indifferen…

A tobacco company is interested in hiring a salesperson to promote smoking cigar

A tobacco company is interested in hiring a salesperson to promote smoking cigarattes in nightclubs. The position pays a flat salary of $50,000, regardless of sales levels. The fi…

A total cost curve shows the relationship between the a. quantity of an input us

A total cost curve shows the relationship between the a. quantity of an input used and the total cost ofproduction b.quantity of output produced and total cost ofproduction. c.tot…

A total of 16 million cars were sold in China in 2010; in 2008 the sale was 6.6

A total of 16 million cars were sold in China in 2010; in 2008 the sale was 6.6 million. What is the annual growth rate of car sales, expressed as % per year? If there were 16. mi…

A total of 5,000 people live In the town of Scholaria. There are 1,000 high scho

A total of 5,000 people live In the town of Scholaria. There are 1,000 high school students, 1,000 undergraduate students, 1,000 graduate students, 1,000 economics professors, and…

A total of 5,000 people live in the town of Econville. There are 1,000 high scho

A total of 5,000 people live in the town of Econville. There are 1,000 high school students, 1,000 undergraduate students, 1,000 graduate students, 1,000 economics professors, and…

A town has a bakery that sells bread and a cheese shop. It costs $1 to make a lo

A town has a bakery that sells bread and a cheese shop. It costs $1 to make a loaf of bread and $2 to make a pound of cheese. If the bakery’s price for a loaf of bread is p1 and t…

A town in Wyoming wants to drill geothermal well to provide a district heating s

A town in Wyoming wants to drill geothermal well to provide a district heating steam and hot water for its businesses and residences. After government subsidies, the capital inves…

A town in Wyoming wants to drill geothermal well to provide a district heating s

A town in Wyoming wants to drill geothermal well to provide a district heating steam and hot water for its businesses and residences. After government subsidies, the capital inves…

A township is considering making upgrades to a gravel road, including repairing

A township is considering making upgrades to a gravel road, including repairing some washed out sections, widening the road, adding culverts, and filling ditches. The cost of the …

A toy manufacturing company has collected 10 periods of data for two of its toys

A toy manufacturing company has collected 10 periods of data for two of its toys, X and Y. Using the two data sets as gross requirements data, construct MRP time-phased records. U…

A tract of land is found to contain a plant from which drug companies can extrac

A tract of land is found to contain a plant from which drug companies can extract a newly discovered cancer-fighting medicine. This variety of plant does not grow anywhere else in…

A tractor for over-the-road hauling is purchased for $90,000. It is expected to

A tractor for over-the-road hauling is purchased for $90,000. It is expected to be of use to the company for 6 years, after which it will be salvaged for $4,000. Calculate the dep…

A tradable permit system can be used to limit land development and promote habit

A tradable permit system can be used to limit land development and promote habitat protection and wildlife preservation. Suppose that on the island of Greenonia there are 10,000 h…

A tradable permit system: is difficult to implement because regulators do not kn

A tradable permit system: is difficult to implement because regulators do not know the marginal abatement costs of every company. achieves a given amount of pollution reduction at…

A trade deficit means a net: a. inflow of payments for goods and services b.outf

A trade deficit means a net: a. inflow of payments for goods and services b.outflow of goods and services c. inflow of goods and services d. excess of exports over imports The ver…

A trade deficit occurs when ______________________ Net capital inflows are negat

A trade deficit occurs when ______________________ Net capital inflows are negatiive when____________________________ imports are greater than exports; capital inflows are geater …

A trade policy designed to alleviate some domestic economic problem by exporting

A trade policy designed to alleviate some domestic economic problem by exporting it to foreign countries is known as a (an)? Beggar-thy-neighbor policy Most-favored-nation policy …

A trader buys two July futures contracts on frozen orange juice. Each contract i

A trader buys two July futures contracts on frozen orange juice. Each contract is for the delivery of 15,000 pounds. The current futures price is 160 cents per pound, the initial …

A trader buys two July futures contracts on frozen orange juice. Each contract i

A trader buys two July futures contracts on frozen orange juice. Each contract is for the delivery of 15,000 pounds. The current futures price is 160 cents per pound, the initial …

A trader buys two July futures contracts on frozen orange juice. Each contract i

A trader buys two July futures contracts on frozen orange juice. Each contract is for the delivery of 15,000 pounds. The current futures price is 160 cents per pound, the initial …

A trader decides to protect her portfolio with a put option. The portfolio is wo

A trader decides to protect her portfolio with a put option. The portfolio is worth $150 million and the required put option has a strike price of $145 million with a maturity of …

A transportation engineer is considering the purchase of a large dynamic sign fo

A transportation engineer is considering the purchase of a large dynamic sign for the intelligent highway system. Data from two sign manufacturers are given below. With an assumed…

A transportation engineer received a request to installed dynamic traffic signal

A transportation engineer received a request to installed dynamic traffic signals to replace static vehicle control devices at an intersection. The engineer must prepare an estima…

A travel Company has hired a management consulting company to analyze demand in

A travel Company has hired a management consulting company to analyze demand in 26 regional markets for one of its major products: a guided tour to a particular country. The consu…

A travel company has hired a management consulting company to analyze demand in

A travel company has hired a management consulting company to analyze demand in twenty-six regional markets for one of its major products: a guided tour to a particular country. T…

A travel company has hired a management consulting company to analyze demand in

A travel company has hired a management consulting company to analyze demand in 26 regional markets for one of its major products: a guided tour to a particular country. The equat…

A travel company has hired a management consulting company to analyze demand in

A travel company has hired a management consulting company to analyze demand in 26 regional markets for one of its major products: a guided tour to a particular country. The equat…

A treatment plant dumps poluting chemicals into the Twine River. Thousands of ci

A treatment plant dumps poluting chemicals into the Twine River. Thousands of citizens live along the river, and they bring suit, claiming damages. The court is considering four p…

A two-page (500-word) paper with a graph Consider the following scenarios. Think

A two-page (500-word) paper with a graph Consider the following scenarios. Think about how each scenario would affect the price of khaki pants. A new technology reduces the time i…

A two-period endowment economy as we studied in class has consumers with identic

A two-period endowment economy as we studied in class has consumers with identical preferences and the consumption good is non storable. Suppose that there is a benevolent governm…

A two-person economy: The Mechanic repairs the farmer’s tractor for $200. The fa

A two-person economy: The Mechanic repairs the farmer’s tractor for $200. The farmer grows wheat, which he sells to a Mechanic for $100. The mechanic buys a dog from the farmer fo…

A two-product firm faces the demand and cost functions as follows: Q1 = 40 - 2P1

A two-product firm faces the demand and cost functions as follows: Q1 = 40 - 2P1 - P2 (the 1 and 2 after the P is suppose to be small script) Q2 = 35 - P1 - P2 (the 1 and 2 after …

A two-step binomial tree is used to value an option on the Australian dollar (AU

A two-step binomial tree is used to value an option on the Australian dollar (AUD). The strike price is 1.00 USD per AUD and the expiration date is in 6 months. Each step is 3 mon…

A typical AS curve has three parts: a flat, horizontal portion at low levels of

A typical AS curve has three parts: a flat, horizontal portion at low levels of output, a middle section with a more-or-less gentle upward slope, and a steep or vertical portion a…

A typical customer who buys from a firm has a demand given by P = 90 - 3 Q . The

A typical customer who buys from a firm has a demand given by P = 90 - 3 Q. The firm has a constant marginal cost MC = $18 and no fixed cost. It currently uses a uniform pricing s…

A typical customer who buys from a firm has a demand given by P = 90 - 3 Q. The

A typical customer who buys from a firm has a demand given by P = 90 - 3 Q. The firm has a constant marginal cost MC = $18 and no fixed cost. It currently uses a uniform pricing s…

A typical family on Sandy Island consumes only juice and cloth Last year, which

A typical family on Sandy Island consumes only juice and cloth Last year, which was the base year, the family spent $27 on juice and $6 on cloth. In the base year, juice was $3 a …

A typical total product curve goes through four stages. What is the correct orde

A typical total product curve goes through four stages. What is the correct order for these stages? A. increases at an increasing rate, increases at a decreasing rate, reaches a m…

A unique selling proposition (USP) brings a brand\'s positioning into focus by f

A unique selling proposition (USP) brings a brand's positioning into focus by forcing marketing managers to answer all the questions listed below, except: Is the company selling a…

A unit of stock is valued at $90. In one year, the stock price will be either $1

A unit of stock is valued at $90. In one year, the stock price will be either $105 or $80 (no probabilities are given). The current (time 0) riskless interest rate is 4%. Use the …

A university decides to change its late night bus service between the campus and

A university decides to change its late night bus service between the campus and student housing from a fa This statement means fare-based service to a free service. The universit…

A university is an M-form organization; its president administers schools, for e

A university is an M-form organization; its president administers schools, for example, a college of business and a college of liberal arts. The college of business each of these …

A university is considering hiring ONE new employee, either a professor or a jan

A university is considering hiring ONE new employee, either a professor or a janitor, to help complete a large scale project. The cost (in dollars) of the project is given by C(x,…

A university is considering upgrading its computing capabilities. The computer t

A university is considering upgrading its computing capabilities. The computer that is now owned was purchased 2 years ago at a cost of $500,000. It was anticipated at the time of…

A university is probably an M-form organization; its president administers schoo

A university is probably an M-form organization; its president administers schools, for example, a college of business and a college of liberal arts. The college of business each …

A university spent $1.3 million to install solar panels atop a parking garage. T

A university spent $1.3 million to install solar panels atop a parking garage. These panels will have a capacity of 300 kilowatts (kW) and have a life expectancy of 20 years. Supp…

A university spent $1.4 million to install solar panels atop a parking garage. T

A university spent $1.4 million to install solar panels atop a parking garage. These panels will have a capacity of 300 kilowatts (kW) and have a life expectancy of 20 years. Supp…

A university spent $1.6 million to install solar panels atop a parking garage. T

A university spent $1.6 million to install solar panels atop a parking garage. These panels will have a capacity of 800 kilowatts (kW) and have a life expectancy of 20 years. Supp…

A university spent $1.8 million to install solar panels atop a parking garage. T

A university spent $1.8 million to install solar panels atop a parking garage. These panels will have a capacity of 400 kilowatts (kW) and have a life expectancy of 20 years. Supp…