Economics

You own a pet grooming shop. Suppose you pay 20,000 dollars for your annual leas

You own a pet grooming shop. Suppose you pay 20,000 dollars for your annual lease on Juanuary and thus you have the right to use the space in whatever way you like for the whole y…

You own a rock climbing gym. Ryan is one of your customers. Ryan receives utilit

You own a rock climbing gym. Ryan is one of your customers. Ryan receives utility from rock climbing and pizza (Ryan exhausts his income in each period on the two goods). Ryan has…

You own a small business that repairs furnaces and air conditioners. The market

You own a small business that repairs furnaces and air conditioners. The market is competitive so youmust charge the same price as all other firms - $50 per house visit. You can t…

You own a small new- and used-book store and café with free wireless Internet ac

You own a small new- and used-book store and café with free wireless Internet access. You enjoy the calm, quiet atmosphere of your store and like that your customers choose your s…

You own a tract of trees and are deciding whether to harvest them now or next ye

You own a tract of trees and are deciding whether to harvest them now or next year. If you harvest them now, you can invest the proceeds and get a return of 5% on your investment.…

You own and operate a car engine rebuilding business. In 2010, you earned total

You own and operate a car engine rebuilding business. In 2010, you earned total revenue of $180,000. Your direct cost of operating the business was $120,000 but to start the busin…

You own the only amusement park in your area, and each potential visitor’s deman

You own the only amusement park in your area, and each potential visitor’s demand for amusement park rides has been estimated to be: Qd(P)=10-P Where prices are in dollars per rid…

You own two products, each of which is a substitute for the other. You raise pri

You own two products, each of which is a substitute for the other. You raise price on the first product. What happens to marginal revenue? a. MR for the first product falls but in…

You participate in a taste test for a new protein supplement called \"Boost.\" Y

You participate in a taste test for a new protein supplement called "Boost." You are given five consecutive one ounce vials of the supplement and after consuming each vial you are…

You pay $100 for a 10 year 6% coupon bond with a face value of $100. You hold th

You pay $100 for a 10 year 6% coupon bond with a face value of $100. You hold the bond for one year and then sell it (you buy a 10 year bond then a year later you sell a 9 year bo…

You plan to pour concrete on Monday morning, but you heard a weather forecast th

You plan to pour concrete on Monday morning, but you heard a weather forecast that rain is expected. The probabilities of rain are 0.8 on Monday, 0.6 on Tuesday, 0.3 on Wednesday,…

You plan to take a vacation at the end of year 2. The vacation will cost $2000.

You plan to take a vacation at the end of year 2. The vacation will cost $2000. If the bank pays 6% on savings, how much would you have to put in the bank today to fund your vacat…

You provide therapeutic massage services, focusing on stress reduction services

You provide therapeutic massage services, focusing on stress reduction services that are not covered by insurance. Your monthly overhead is $2,000. You value your time at $20 per …

You provided an excellent overview of the economic policies enacted during the R

You provided an excellent overview of the economic policies enacted during the Reagan years and some of the consequences. One of the consequences of the Reagan budgets were increa…

You purchase a 20-year bond today with a $10,000 face value that makes annual co

You purchase a 20-year bond today with a $10,000 face value that makes annual coupon payments at a 5% coupon rate. (a) If the yield to maturity on 20 year bonds at the time of pur…

You purchase a bond that has no maturity date. The bond has an annual coupon pay

You purchase a bond that has no maturity date. The bond has an annual coupon payment of $75 and is currently selling at price of $1250. What is your rate of return? 12.50% 16.67% …

You purchase a duplex on April 15, 2000. You plan to live in one side and rent t

You purchase a duplex on April 15, 2000. You plan to live in one side and rent the other side. The rental side is placed in service the day you buy it. Depreciation only applies t…

You purchase a duplex on April 15, 2000. You plan to live in one side and rent t

You purchase a duplex on April 15, 2000. You plan to live in one side and rent the other side. The rental side is placed in service the day you buy it. Depreciation only applies t…

You purchase a duplex on April 15, 2000. You plan to live in one side and rent t

You purchase a duplex on April 15, 2000. You plan to live in one side and rent the other side. The rental side is placed in service the day you buy it. Depreciation only applies t…

You purchase a two-year $1000 face value bond at par. The bond has a 6% coupon r

You purchase a two-year $1000 face value bond at par. The bond has a 6% coupon rate.However, do to cashflow problems, the company misses the first coupon payment, but pays both co…

You purchased 200 shares of H2O Corporation stock at a price of $20. Consider ea

You purchased 200 shares of H2O Corporation stock at a price of $20. Consider each of the following announcements separately.    1.   The firm announces a 10 percent stock dividen…

You purchased a $1,000 par with T-bill 173 days to maturity for $956.06. You the

You purchased a $1,000 par with T-bill 173 days to maturity for $956.06. You then sold this T-bill when it had 70 days to maturity for $981.85. What is your holding period return?…

You purchased a ticket to a concert for $40 a month ago. Last week someone invit

You purchased a ticket to a concert for $40 a month ago. Last week someone invited you to a party on the same night as the concert. While you would like to go to the concert, you …

You quit your previous job that had been paying $40,000 peryear. You have $40,00

You quit your previous job that had been paying $40,000 peryear. You have $40,000 in your savings account that you withdraw tostart this company. the savings account had been payi…

You read all about Bernie Madoff and the elaborate ponzi scheme he created to st

You read all about Bernie Madoff and the elaborate ponzi scheme he created to steal hundreds of millions of dollars from everyday Americans. You might think that this type of high…

You read in a newspaper that the nominal interest rate is 12 percent per year in

You read in a newspaper that the nominal interest rate is 12 percent per year in Canada and 8 percent per year in the United States. Suppose that the real interest rates are equal…

You read in a newspaper that the nominal interest rate is 12 percent per year in

You read in a newspaper that the nominal interest rate is 12 percent per year in Canada and 8 percent per year in the United States. Suppose that the real interest rates are equal…

You read in a newspaper that the nominal interest rate is 12 percent per year in

You read in a newspaper that the nominal interest rate is 12 percent per year in Canada and 8 percent per year in the United States. Suppose that international capital flows equal…

You read in the newspaper that, compared to one year ago: nominal GDP increased

You read in the newspaper that, compared to one year ago: nominal GDP increased from $12 trillion to $12.6 trillion; the GDP price index is up by 7%; the CPI jumped from 203 to 21…

You really love ice cream (trust me on this). In particular, you love vanilla ic

You really love ice cream (trust me on this). In particular, you love vanilla ice cream, and you love chocolate ice cream, but you love vanilla just a little bit more. Your ice cr…

You received no credit for this question in the previous attempt ogen alloy deve

You received no credit for this question in the previous attempt ogen alloy developed at Sandia National Laboratory is said to have potential uses in electricity- ne w material is…

You recently inherited from your late uncle a US government bond that matures De

You recently inherited from your late uncle a US government bond that matures December 31, 2025. The bond has a face value of 20,000 USD, which is equal to its redemption value. I…

You recently started a manufacturing business. You have done well enough to open

You recently started a manufacturing business. You have done well enough to open two factories, one in Indiana and one in Wisconsin. You estimate that manufacturing 500 units will…

You rent a car for $29.95. The first 165 miles are free, but each mile thereafte

You rent a car for $29.95. The first 165 miles are free, but each mile thereafter costs 16 cents. You plan to drive it 200 miles. What is the marginal cost of driving the car? A. …

You represent a large U.S. mail-order clothing firm that is interested in lightw

You represent a large U.S. mail-order clothing firm that is interested in lightweight cotton shirts of good quality made at a highly competitive price. You are sent to investigate…

You run a business that does framing on new houses. The table below shows your c

You run a business that does framing on new houses. The table below shows your crew hiring options from 10 people/year to 150 people/year and the total number of houses framed per…

You run a chain of movie theaters, so you commission a marketing study that cate

You run a chain of movie theaters, so you commission a marketing study that categorizes your potential customers into 10 equal-sized groups according to what they’re willing to …

You run a construction firm. You have just won a contract to build a government

You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of $ 9.7 million today and $ 5.5 million in …

You run a game-day shuttle service for parking services for the local ball club.

You run a game-day shuttle service for parking services for the local ball club. Suppose you are compensated $16 per customer, per ride. In other words, your marginal revenue is $…

You run a health care system that must decide whether to accept a purchase offer

You run a health care system that must decide whether to accept a purchase offer by another health system for one of your facilities. The other system is willing to pay $48 millio…

You run a medical marijuana company that has stores in Rochester and Manhattan.

You run a medical marijuana company that has stores in Rochester and Manhattan. On a recent visit to Manhattan, you discovered that for the past 3 months the store manager has mis…

You run a monopoly firm that serves two types of consumer. Individual type-A con

You run a monopoly firm that serves two types of consumer. Individual type-A consumers have a value of 8 for their first unit of your product, a value of 4 for their second unit, …

You run a small business and would like to predict what will happen to the quant

You run a small business and would like to predict what will happen to the quantity demanded for your product if you raise your price. While you do not know the exact demand curve…

You run a small factory in which you produce flutes. Labor is your only variable

You run a small factory in which you produce flutes. Labor is your only variable input in the short run. At your current level of production, the average product of labor is 6 flu…

You run an interior design company. A small business owner has hired your firm t

You run an interior design company. A small business owner has hired your firm to redecorate his/her main office. This is a one-room open space that needs to accommodate 10 staff …

You serve 3,000 private-pay patients and 1,000 health maintenance organization (

You serve 3,000 private-pay patients and 1,000 health maintenance organization (HMO) members. Your fixed costs are $50,000 and your incremental cost is $50. You currently charge p…

You serve as a staff economist for the Board of Governors of the Federal Reserve

You serve as a staff economist for the Board of Governors of the Federal Reserve System and are given the following information about the current economic and monetary situation. …

You serve as a staff economist for the Board of Governors of theFederal Reserve

You serve as a staff economist for the Board of Governors of theFederal Reserve System and are given the following informationabout the current economic and monetary situation. --…

You should get all the answers right. Don\'t answer if you are unsure and wanna

You should get all the answers right. Don't answer if you are unsure and wanna give it a shot. It is very important for me to get them right. Thank you. Please indicate whether th…

You should get all the answers right. Don\'t answer it if you are unsure and wan

You should get all the answers right. Don't answer it if you are unsure and wants to give it a shot. Thank you. The table below shows employment statistics for the fictional count…