Economics

Brenda Smith operates her own farm raising chickens and producing eggs. She sell

Brenda Smith operates her own farm raising chickens and producing eggs. She sells her eggs at the local farmers market where there are several other egg producers also selling egg…

Brett Donovan was the manager at Walton\'s Diner. He planned to promote owner to

Brett Donovan was the manager at Walton's Diner. He planned to promote owner told him that he did not want a black person in charge at any time of the day or night at his restaura…

Brexit Vote Prompts Bleak Forecasts From Economists Recession expected for U.K.,

Brexit Vote Prompts Bleak Forecasts From Economists Recession expected for U.K., smaller effects elsewhere around globe By GEORGI KANTCHEV Wall Street Journal, June 30, 2016 Morga…

Brian Cleary and Rita Burke filed a suit against the major cigarette maker Phili

Brian Cleary and Rita Burke filed a suit against the major cigarette maker Philip Morris USA, Inc., seeking class-action status for a claim of deceptive advertising. Cleary and Bu…

Brian and Halee are arrested and charged with armed robbery. The police intervie

Brian and Halee are arrested and charged with armed robbery. The police interview both suspects separately about their involvement in the crime. The table to the right shows the s…

Brian is the 99% shareholder, president, and director of Arapine Corp. He freque

Brian is the 99% shareholder, president, and director of Arapine Corp. He frequently uses the corporation credit card for his personal expenses. If Arapine is insolvent and unable…

Brian likes both chocolate and milk. Assume that the \"more is better\" principl

Brian likes both chocolate and milk. Assume that the "more is better" principle applies to Brian; that is, he would always prefer to consume more of either good, holding the consu…

Brian lives in Denver and runs a business that sells pianos. In an average year,

Brian lives in Denver and runs a business that sells pianos. In an average year, he receives $704,000 from selling pianos. Of this sales revenue, he must pay the manufacturer a wh…

Bridgestone and G optimal production value will reaction function is given by Qs

Bridgestone and G optimal production value will reaction function is given by Qs oodyear must each decide how many tires to produce; however, their depend on what their competitor…

Brief description: 1) (5) Please briefly describe what heteroskedasticity is 2)

Brief description: 1) (5) Please briefly describe what heteroskedasticity is 2) (5) Please briefly state what Gauss-Markov theorem is 1) (2)f the regression errors either have dif…

Brief the following case in IRAC format. Issue, Rule, Application, Conclusion. I

Brief the following case in IRAC format. Issue, Rule, Application, Conclusion. In the application section I need one paragraph arguing for each party. MDM Group Associates, Inc. v…

Briefly answer each question based on Table 1-2. Table 1-2. Price per bushel Qua

Briefly answer each question based on Table 1-2. Table 1-2. Price per bushel Quantity Demanded (bushels) Quantity Supplied (bushels) $2 40,000 0 4 36,000 4,000 6 30,000 8,000 8 24…

Briefly answer the following questions. 1. What are the three basic protections

Briefly answer the following questions. 1. What are the three basic protections for arbitration laid down by the Supreme Court in the Steelworkers' Trilogy? 2. Explain the steps i…

Briefly describe the new trade theory. Subsidies are a trade policy instrument.

Briefly describe the new trade theory. Subsidies are a trade policy instrument. True or False Tariffs are the oldest instrument of trade policy. True or False Which of the followi…

Briefly describe the trade-offs involved in the following decision. Specifically

Briefly describe the trade-offs involved in the following decision. Specifically, what are the opportunity costs associated with the decision? Pay particular attention to the trad…

Briefly discuss the role of assumptions in macroeconomics and demonstrate the us

Briefly discuss the role of assumptions in macroeconomics and demonstrate the use of ceteris paribus assumption in constructing the demand theory. (5 points) What does the circula…

Briefly discuss your definition of plagiarism. Based on your definition of plagi

Briefly discuss your definition of plagiarism. Based on your definition of plagiarism, discuss which of the following will lead to plagiarism and which will not. Share an appropri…

Briefly explain how Airbus and Boeing develop their 20-year forecasts. Note the

Briefly explain how Airbus and Boeing develop their 20-year forecasts. Note the factors that influence projected air travel growth; some factors affect the demand curves while oth…

Briefly explain the \"theory of rational expectations.\" What makes supply-side

Briefly explain the "theory of rational expectations." What makes supply-side economics theoretically attractive? What are the four sources of economic growth? Which of the four i…

Briefly explain the dilemma faced by a Duopolist. Now consider the following: Al

Briefly explain the dilemma faced by a Duopolist. Now consider the following: Alex and Harry each run a car livery service from Trenton to Atlantic City. Assume that low price gua…

Briefly explain the use of graphs as a way to represent economic relationships.

Briefly explain the use of graphs as a way to represent economic relationships. What is an inverse relationship? How does it graph? What is a direct relationship? How does it grap…

Briefly explain whether you agree with the following argument: \"Unfortunately,

Briefly explain whether you agree with the following argument: "Unfortunately, Bolivia does not have a comparative advantage with respect to the United States in the production of…

Briefly explain why the aggregate expenditure LOADING... line is upward sloping,

Briefly explain why the aggregate expenditure LOADING... line is upward sloping, while the aggregate demand LOADING... curve is downward sloping. A. Aggregate expenditure is the r…

Briefly state and evaluate the problem of time lags in enacting and applying fis

Briefly state and evaluate the problem of time lags in enacting and applying fiscal policy. How maint "politics"complicate fiscal policy? How might expectations of a near term pol…

Briefly state the basic characteristics of pure competition, pure monopoly, mono

Briefly state the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly. Under which of these market classifications does each of the f…

Briefly stated, microeconomics is about individual decision makers, whereas macr

Briefly stated, microeconomics is about individual decision makers, whereas macroeconomics is about the aggregate effect of all decision makers. However, this simple distinction d…

Briefly write an argument which supports your answer. (If False, you can also pr

Briefly write an argument which supports your answer. (If False, you can also provide a counterexample) Short run economic costs must be lower than long run economic costs because…

Briefly, what was economic argument against the German governments\'s equal-wage

Briefly, what was economic argument against the German governments's equal-wages policy? a) the policy was unfair to West German workers East German did not deserve higher wages b…

Briey explain how each of the following events is likely to afect real GDP. Do y

Briey explain how each of the following events is likely to afect real GDP. Do you think the changes in real GDP reects a similar change in economic well-beings? (a) A hurricane i…

Bright Future, Ltd (BF) is a nonprofit foundation providing medical treatment to

Bright Future, Ltd (BF) is a nonprofit foundation providing medical treatment to emotionally distressed children. BF has hired you as a business consultant to design an employment…

Bright Future, Ltd (BF) is a nonprofit foundation providing medical treatment to

Bright Future, Ltd (BF) is a nonprofit foundation providing medical treatment to emotionally distressed children. BF has hired you as a business consultant to design an employment…

Brighton Beach Industries is considering the purchase of a new strapping machine

Brighton Beach Industries is considering the purchase of a new strapping machine, which will cost $150,000, plus an additional $10,500 to ship and install. The new machine will ha…

Bring constraints and preference together Economists assume that individuals alw

Bring constraints and preference together Economists assume that individuals always choose the most preferred feasible (or affordable) bundle. If individuals indeed behave this wa…

Britney and Paris are neighbors. During the winter, it is impossible for a snowp

Britney and Paris are neighbors. During the winter, it is impossible for a snowplow to clear the street in front of Britney’s house without clearing the front of Paris’s. Britney’…

Britney is very fashionable. When she buys a new dress (D), she also needs to bu

Britney is very fashionable. When she buys a new dress (D), she also needs to buy a hat (H) to match that dress and vice-versa. So, she views the two goods as perfect complements.…

BroSoBasic Productions has produced a TV series, Fleet & Frenetic. Its cast appe

BroSoBasic Productions has produced a TV series, Fleet & Frenetic. Its cast appeals to every major demographic group and includes monster trucks. Dialog is limited to grunts, …

Broadway Inc. is considering a new musical. The initial investment required is $

Broadway Inc. is considering a new musical. The initial investment required is $880,000. Every year, the free cash flow from the project is expected to be $80,000, continuing fore…

Broke National Bank offers you an auto loan to purchase a car. The loan amount i

Broke National Bank offers you an auto loan to purchase a car. The loan amount is $10,000. The loan amortizes interest over five years of monthly payments. The interest rate is 6%…

Broncos Art, Inc. reported the following trend analysis to its bank as an attach

Broncos Art, Inc. reported the following trend analysis to its bank as an attachment to a loan application. You have been asked to evaluate the long-term borrowing capacity. You k…

Brooklyn College-City University of New York 2018 Summer Session 1-David H. Frie

Brooklyn College-City University of New York 2018 Summer Session 1-David H. Friedman Economics 2100: Elementary Macroeconomics- Third Quarter Excamination- Part1 Name: answer is A…

Broomsticks are manufactured by two firms which constitute a competitive industr

Broomsticks are manufactured by two firms which constitute a competitive industry. Neither firm has any fixed costs. There are two consumers, W.W.West and W.W.East. The following …

Brown Corporation is investigating the optimal level of current assets for the c

Brown Corporation is investigating the optimal level of current assets for the coming year. The following parameters are applicable to the decision: -Management expects sales to i…

Brown Enterprises’ bonds currently sell for $1,025. They have a 9-year maturity,

Brown Enterprises’ bonds currently sell for $1,025. They have a 9-year maturity, an annual coupon of $80, and a par value of $1,000. What is the price 1 year from now if YTM remai…

Brown Inc. has the following weekly demand and cost relationships: q = 2000 - 25

Brown Inc. has the following weekly demand and cost relationships:                         q = 2000 - 250P                         TC = 0.006q2 + q 1. Determine the total revenue …

Brownsville, Texas, boasts being the southernmost international seaport and the

Brownsville, Texas, boasts being the southernmost international seaport and the largest city in the lower Rio Grande Valley. Ben Supple, an importer in Brownsville, has just recei…

Bruce has the quasi log-linear utility function, U (x_1, x_2) = x_1 + 2 In(x_2)

Bruce has the quasi log-linear utility function, U (x_1, x_2) = x_1 + 2 In(x_2) Bruce has an income of $100 and faces prices p_1 = p_2 = 20. (a) What is the marginal rate of subst…

Bruce works for a large bank. His wage increased from $30 per hour to $40 per ho

Bruce works for a large bank. His wage increased from $30 per hour to $40 per hour. He can work up to 50 hours each week. The table below shows his utility from different levels o…

Bruce works for a large bank. His wage rate is $40 per hour. He can work up to 5

Bruce works for a large bank. His wage rate is $40 per hour. He can work up to 50 hours each week. The table below shows her utility from different levels of leisure and income. I…

Bruce, Colleen, and David are all getting together at Bruce’s house on Friday ev

Bruce, Colleen, and David are all getting together at Bruce’s house on Friday evening to play their favorite game, Monopoly. They all love to eat sushi while they play. They all k…

Bruin Manufacturing is evaluating whether it should retain its current environme

Bruin Manufacturing is evaluating whether it should retain its current environmental test chamber and room or sell it immediately and purchase a new one. The relevant costs are sh…