Economics

Suppose rick brings 16 donuts to work and has to decide how many of the 16 to gi

Suppose rick brings 16 donuts to work and has to decide how many of the 16 to give to shane and how many to give to Miriam. Assume that together they will consume all 16 donuts an…

Suppose th3t a 5-year Treasury bond pays an annual rate of return of 2.9%, and a

Suppose th3t a 5-year Treasury bond pays an annual rate of return of 2.9%, and a 5-year bond of the fictional company Risky Investment Inc. pays an annual rate of return of 7.3%. …

Suppose tha market for apples is reprasented by the markst supply and market dem

Suppose tha market for apples is reprasented by the markst supply and market demand curvas depicted in the graph. Assume this markst is perfactly competitive What does an individu…

Suppose than an oil well is expected to produce 100,000 barrels of oil during it

Suppose than an oil well is expected to produce 100,000 barrels of oil during its first year in production. However, its subsequent production (yield) is expected to decrease by 1…

Suppose that 1990 is the base year used to calculate the CPI. And the CPI in the

Suppose that 1990 is the base year used to calculate the CPI. And the CPI in the year 2000 is 110. How much of A C.O.L.A. adjustment will you receive? a. a 10% increae in the nomi…

Suppose that 20 workers were required in 2010 to produce 20,000 bushels of wheat

Suppose that 20 workers were required in 2010 to produce 20,000 bushels of wheat on a 1,000-acre farm. a. What is the average output per acre? bushels per acre. What is the averag…

Suppose that ABC Beer Brewer faces a linear demand curve and that the current pr

Suppose that ABC Beer Brewer faces a linear demand curve and that the current price for its beer is set at a point where the price elasticity is 1.60. If ABC Beer Brewer increases…

Suppose that ABC Beer Brewer faces a linear demand curve and that the current pr

Suppose that ABC Beer Brewer faces a linear demand curve and that the current price for its beer is set at a point where the price elasticity is 1.60. If ABC Beer Brewer increases…

Suppose that ACE Pharmaceutical Company develop a patent C- pap for Sleep disord

Suppose that ACE Pharmaceutical Company develop a patent C- pap for Sleep disorder. ACE has plants in two continents for C-pap, Europe and US, with marginal cost of 10 to produce …

Suppose that Ace Electric has been offered a contract to supply a regional merch

Suppose that Ace Electric has been offered a contract to supply a regional merchandising company with a line of food blenders to be sold under the company's private brand name. Ac…

Suppose that Alibaba Teak factory produces handcrafted cupboard made from teak w

Suppose that Alibaba Teak factory produces handcrafted cupboard made from teak wood Table 1 illustrates Alibaba factory's cost of production for a week. Refer to Table 1 to answer…

Suppose that Allison has an accounting degree, but she lost her job two months a

Suppose that Allison has an accounting degree, but she lost her job two months ago when her company merged with another firm. Allison hasn't been able to find another accounting j…

Suppose that American firms become more optimistic and decide to increase invest

Suppose that American firms become more optimistic and decide to increase investment expenditure today in new factories and office space. Based on the results from an IS- LM-FX mo…

Suppose that Australia imports coffee from Colombia and that the free market pri

Suppose that Australia imports coffee from Colombia and that the free market price is $8.00 per pound. Before the Uruguay Round took place between 1986 and 1993, Australia imposed…

Suppose that Becky, a corn farmer, enters into a one-year futures contract today

Suppose that Becky, a corn farmer, enters into a one-year futures contract today with Alex to make a delivery of 5,000 bushels of corn at $3 per bushel. Which of the following sta…

Suppose that Big Bucks Bank has the simplified balance sheet shown below and tha

Suppose that Big Bucks Bank has the simplified balance sheet shown below and that the reserve ratio is 20 percent: Instructions: All answers to this question should be entered as …

Suppose that Big Bucks Bank has the simplified balance sheet shown below and tha

Suppose that Big Bucks Bank has the simplified balance sheet shown below and that the reserve ratio is 20 percent: Instructions: All answers to this question should be entered as …

Suppose that Big Bucks Bank has the simplified balance sheet shown below and tha

Suppose that Big Bucks Bank has the simplified balance sheet shown below and that the reserve ratio is 20 percent: Instructions: All answers to this question should be entered as …

Suppose that Big Bucks Bank has the simplified balance sheet shown below and tha

Suppose that Big Bucks Bank has the simplified balance sheet shown below and that the reserve ratio is 10 percent: Instructions: All answers to this question should be entered as …

Suppose that Big Bucks Bank has the simplified balance sheet shown below. The re

Suppose that Big Bucks Bank has the simplified balance sheet shown below. The reserve ratio is 20 percent. a. What is the maximum amount of new loans that Big Bucks Bank can make?…

Suppose that Bill owns an automobile collision repair shop and the table below s

Suppose that Bill owns an automobile collision repair shop and the table below shows the quantity of cars repaired per month according to how many workers Bill hires. Assume he pa…

Suppose that Bill owns an automobile collision repair shop and the table below s

Suppose that Bill owns an automobile collision repair shop and the table below shows the quantity of cars repaired per month according to how many workers Bill hires. Assume he pa…

Suppose that Blue Inc. is a representative firm operating in a perfectly competi

Suppose that Blue Inc. is a representative firm operating in a perfectly competitive industry. Blue's total cost of production, TC, is given by the equation TC = 5000 + 5q2, where…

Suppose that Bob and Sally are only the residents of the city of Madison. They n

Suppose that Bob and Sally are only the residents of the city of Madison. They need to determine the number of fire workers Madison should have. Fire workers satisfy the character…

Suppose that Bridget and Erin spend their incomes on two goods, food (F) and clo

Suppose that Bridget and Erin spend their incomes on two goods, food (F) and clothing (C). Bridget's preferences are represented by the utility function U(F,C) 10FC, while Erin's …

Suppose that Brown-Murphies’ common shares sell for $21.00 per share, that the f

Suppose that Brown-Murphies’ common shares sell for $21.00 per share, that the firm is expected to set their next annual dividend at $0.63 per share, and that all future dividends…

Suppose that C = 60 + 0.8 Y_D I = 150 - 10r G = 250 T = 200 M^s = 100 M^d = 40 +

Suppose that C = 60 + 0.8 Y_D I = 150 - 10r G = 250 T = 200 M^s = 100 M^d = 40 + 0.1 Y - 10r a. Write the equations for the IS and LM schedules. b. Find the equilibrium values for…

Suppose that California rice costs $100 a bushel, and Japanese rice costs 20,000

Suppose that California rice costs $100 a bushel, and Japanese rice costs 20,000 Yen 2. What exchange rate would make the rice equally priced in the local currency; (a) 1S/JY b)0.…

Suppose that Canada and Australia are the only two countries in the world. Suppo

Suppose that Canada and Australia are the only two countries in the world. Suppose also that in Australia, an acre of land can produce 75 tons of apples or 60 bushels of oranges, …

Suppose that Canada and the United States both produce maple svrup and honev tha

Suppose that Canada and the United States both produce maple svrup and honev that are sold at the same price in both countries. The following table shows some of the combinations …

Suppose that Canada is a small open economy with a flexible exchange rate (as it

Suppose that Canada is a small open economy with a flexible exchange rate (as it is in reality) and that the world interest rate is 2.50%. Because the Bank of Canada's actions hav…

Suppose that Caroline stops by Burger Queen to have lunch. She feels that the fi

Suppose that Caroline stops by Burger Queen to have lunch. She feels that the first hamburgers benefit is worth $8.50, the second hamburgers benefit is worth $6.00, the third hamb…

Suppose that Carson earns $60,000 per year but must pay income taxes according t

Suppose that Carson earns $60,000 per year but must pay income taxes according to the tax schedule as shown below. Income $O to $7,000 $7,000 to $35,000 $35,000 to $75,000 $75,000…

Suppose that Charlie’s Pizzeria in Boston, employs 10 workers at a wage level of

Suppose that Charlie’s Pizzeria in Boston, employs 10 workers at a wage level of $8 per person. All other costs (ovens, rent, advertising, return to capital) total $40 per hour, a…

Suppose that China and Germany each have 1,000,000 labour hours available for th

Suppose that China and Germany each have 1,000,000 labour hours available for the production of cell phones and computers. The number of labour hours needed to produce cell phones…

Suppose that Clear Vision, Inc., a cable television carrier, has the demand, mar

Suppose that Clear Vision, Inc., a cable television carrier, has the demand, marginal revenue, total cost and marginal cost functions given below:             P = 28 - 0.0008Q    …

Suppose that Coca-Cola uses a new type of vending machine that charges a price a

Suppose that Coca-Cola uses a new type of vending machine that charges a price according to the outside temperature. On “hot” days – defined as days in which the outside temperatu…

Suppose that Coke and Pepsi are the only two producers of cola drinks, making th

Suppose that Coke and Pepsi are the only two producers of cola drinks, making them duopolists. Both companies have zero marginal cost and a fixed cost of $100,000 a. Assume first …

Suppose that Colombia can produce 16 tons of papayas or 4 tons of bananas while

Suppose that Colombia can produce 16 tons of papayas or 4 tons of bananas while Brazil can produce either 4 tons of papayas or 8 tons of bananas. Which of the following consumptio…

Suppose that Comcast is trying to decide how to price two channels (NESN, WGBH)

Suppose that Comcast is trying to decide how to price two channels (NESN, WGBH) which it wishes to sell to four consumers (Charlie, Deval, Mitt, and Paul), whose willingness to pa…

Suppose that Comcast is trying to decide how to price two channels (NESN. WGBH)

Suppose that Comcast is trying to decide how to price two channels (NESN. WGBH) which it wishes to sell to four consumers (Charlie. Deval, Mitt, and Paul), whose willingness to pa…

Suppose that Congress and the President are considering an increase in governmen

Suppose that Congress and the President are considering an increase in government expenditures of $50 billion. They consult with two economists: Alan and Robert. Alan believes tha…

Suppose that Country B has the same amount of net private saving in Year 1 and i

Suppose that Country B has the same amount of net private saving in Year 1 and in Year 2. However, the government of Country B has a budget surplus of $200 billion in Year 1 and a…

Suppose that Cream land and Dairy King are the only two firms that sell ice crea

Suppose that Cream land and Dairy King are the only two firms that sell ice cream. The following payoff matrix shows the profit (in motions of dollars) each company will earn depe…

Suppose that Creamland and Dairy King are the only two firms that sell ice cream

Suppose that Creamland and Dairy King are the only two firms that sell ice cream. The following payoff matrix shows the profit (in millions of dollars) each company will earn depe…

Suppose that Creamland and Dairy King are the only two firms that sell ice cream

Suppose that Creamland and Dairy King are the only two firms that sell ice cream. The following payoff matrix shows the profit (in millions of dollars) each company will earn depe…

Suppose that Creamland and Dairy King are the only two firms that sell ice cream

Suppose that Creamland and Dairy King are the only two firms that sell ice cream. The following payoff matrix shows the profit (in millions of dollars) each company will earn depe…

Suppose that Darnell, an economist from an AM talk radio program, and Eleanor, a

Suppose that Darnell, an economist from an AM talk radio program, and Eleanor, an economist from a school of industrial relations, are anguing over government bailouts. The follow…

Suppose that Dave normally orders two tacos, but on seeingthey are on sale, deci

Suppose that Dave normally orders two tacos, but on seeingthey are on sale, decides to buy three. Dave's decision is bestexplained by the: A.law of increasing opportunity costs. B…

Suppose that De Beers is a single-price monopolist in the market for diamonds. D

Suppose that De Beers is a single-price monopolist in the market for diamonds. De Beers has five potential customers: Raquel, Jackie, Joan, Mia, and Sophia. Each of these customer…