What is the present worth of the total 20 payments, occurring at the end of every four months (i.e. the first payment is in four months), which are $400, $500, $600, increasing by a fixed sum. Interest is 12% nominal per year, compounded monthly
Using the Internet, identify the following for a fictitious company you are starting (or growing): Prepare an APA formatted paper: Conduct a SWOT analysis (theoretical) of your company and determine which of the generic competitive strategies(s) (could be a mix of strategies) you would compete on. Be sure to justify your reasoning here.
Respond to the following short essay questions based on the course materials presented for weeks 5-8 and researched material from outside the course. 1. Please address the following as they pertain to Intellectual Property: What is Intellectual Property (IP) and how does counterfeit merchandise impact the U.S. economy? What safety and health concerns are posed by counterfeit products? How does IP theft pose an existential […]
1. Suppose a representative firm in a perfectly competitive market has short-run total costs of TC = 0.5q^2 +7q a) Find the firm’s short-run supply curve. b) Find the market supply curve if there are 200 firms in the industry.
Suppose the consumer price index was 100 in the year 2000 and 200 in the year 2010. If the nominal price of apples has increased from 100 to 150 over this period, the real price of apples has: (shown calculation) a. fallen by 25 percent. b. fallen by 50 percent. c. risen by 50 percent. d. risen by 25 percent.
Answer the following using economic theory. There is no word limit or word requirement.”Compare the automotive manufacturing industry today to the automotive manufacturing industry of the 1950’s. Applying the economics of price and output, what is the difference between the industry of today and that of the 1950’s? What type of market structure is the auto industry? Has consumer surplus been affected in any way […]
Workers are compensated by firms with “benefits†in addition to wages and salaries. The most prominent benefit offered by many firms is health insurance. Suppose that in 2000, workers at one steel plant were paid $20 per hour and in addition received health benefits at the rate of $4 per hour. Also suppose that by 2010 workers at that plant were paid $21 per hour […]
The prices and quantities for a typical family’s weekly egg and bacon purchases in 1935 and 2018 are shown below. (The numbers were rounded from real statistics – families were large in 1935, and they ate a LOT of bacon!) QUESTION ： Use this data to calculate a Laspeyres price index for 2018, using 1935 as the base year. Show your work.
Which of the following has occurred for Australia since 1960? a. The ratio of exports to GDP has increased while the ratio of imports to GDP has decreased. b. The ratio of exports to GDP has decreased and the ratio of imports to GDP has increased. c. The ratio of exports to GDP and the ratio of imports to GDP have both increased. d. The […]
Locate recent articles in the New York Times or Wall Street Journal in which economists are quoted using positive and normative statements. Provide one quote and its context for both a positive and normative statement. Explain your choice. Evaluate the statement choices of your fellow students. Locate recent articles in the New York Times or Wall Street Journal in which economistsare quoted using positive and […]
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