Economics

Suppose your friends, Mary and John, received their first credit cards with iden

Suppose your friends, Mary and John, received their first credit cards with identical features. Mary uses her card extensively to make purchases, always paying the full balance in…

Suppose your marketing department does a survey of potential users and finds tha

Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: Software Version Hom…

Suppose your marketing department does a survey of potential users and finds tha

Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: If the numbers of ho…

Suppose your marketing department does a survey of potential users and finds tha

Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: If the numbers of ho…

Suppose your marketing department does a survey of potential users and finds tha

Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: If the numbers of ho…

Suppose your marketing department does a survey of potential users and finds tha

Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software: Software Version Hom…

Suppose your neighbour likes to repair motorcycles in his front yard during even

Suppose your neighbour likes to repair motorcycles in his front yard during evenings and on weekends, and he earns $400 per week from this work. However, the sight of piles of gre…

Suppose your nominal income this year is 5 percent higher thanlast year. If the

Suppose your nominal income this year is 5 percent higher thanlast year. If the inflation rate for the period was 3 percent, thenyour real income was: a. increased by 1.67 percent…

Suppose your parents are thinking of buying you a brand new car as a graduation

Suppose your parents are thinking of buying you a brand new car as a graduation present. Economists would argue that it would be better if: A. You sell the car to someone else rig…

Suppose your utility function is U(I)=I^1/2 a) If your income is $36000, how muc

Suppose your utility function is U(I)=I^1/2 a) If your income is $36000, how much utility do you enjoy? b) Suppose your brother-in-law offers you an investment that would cost you…

Suppose you’re evaluating a new project costing 125 and yielding an expected pay

Suppose you’re evaluating a new project costing 125 and yielding an expected payoff of 75 for the two subsequent years. You know that the market(portfolio) rate is 0,10 that the c…

Suppose you’re evaluating three alternative MMMF investments. The first fund buy

Suppose you’re evaluating three alternative MMMF investments. The first fund buys a diversified portfolio of municipal securities from across the country and yields 4.0 percent. T…

Suppose you’ve been appointed as an economic adviser for the United States. The

Suppose you’ve been appointed as an economic adviser for the United States. The president has requested to meet with you, so that he can brush up on his Econ 302 skills. As an eco…

Suppose, Alcan a US based firm having some of their specific product input purch

Suppose, Alcan a US based firm having some of their specific product input purchases from Britian, with an invoice amount of GBP 62500. The goods were expected to arrive by the en…

Suppose, at a given time, Sally\'s Smoothie Shack operates in a perfectly compet

Suppose, at a given time, Sally's Smoothie Shack operates in a perfectly competitive market and is producing its profit maximizing level of output. Suppose further that at this le…

Suppose, ceteris paribus, that agricultural research leads to an increase in yie

Suppose, ceteris paribus, that agricultural research leads to an increase in yield to citrus growers and at the same time trade negotiations between China and the U.S. worsen, clo…

Suppose, ceteris paribus, that the Environmental Protection Agency requires that

Suppose, ceteris paribus, that the Environmental Protection Agency requires that agricultural run-off water must be stored and cleaned prior to release in Florida and simultaneous…

Suppose, ceteris paribus, that the State of Florida imposes a tax on all agricul

Suppose, ceteris paribus, that the State of Florida imposes a tax on all agricultural products while at the same type a severe drought hits the major apple-growing regions of the …

Suppose, ceteris paribus, that the supply of immigrant labor increases in the U.

Suppose, ceteris paribus, that the supply of immigrant labor increases in the U.S. and simultaneously the FDA releases new information that conclusively establishes a link between…

Suppose, in what is promoted as a cost-cutting move designed to save hundreds of

Suppose, in what is promoted as a cost-cutting move designed to save hundreds of billions of dollars in overhead, that Canada and the United States merge. As a preliminary step to…

Suppose, unfortunately, your mathematics and economics professors have decided t

Suppose, unfortunately, your mathematics and economics professors have decided to give tests two days from now and you can spend a total of only 12 hours studying for both exams. …

Suppose? that, holding yield? constant, investors are indifferent as to whether

Suppose? that, holding yield? constant, investors are indifferent as to whether they hold bonds issued by the federal government or bonds issued by state and local governments? (t…

Supposed that firms only variable input is labor when 50 workers are used, the a

Supposed that firms only variable input is labor when 50 workers are used, the average product of labor is 50, and marginal product of the 50th workers is 75. The wage rate is $80…

Supposed that, initially, the U.S. economy was in an aggregate demand-aggregate

Supposed that, initially, the U.S. economy was in an aggregate demand-aggregate supply equilibrium at point A along the aggregate demand curve AD in the diagram in the next column…

Supposes you trade dollars and euros for a bank that has branches in NewYork and

Supposes you trade dollars and euros for a bank that has branches in NewYork and Frankfurt. You can ellectronically transfer the funds between the teo branch locations at no cost,…

Supposethattherepresentativeconsumer’spref- erences change, in that his or her m

Supposethattherepresentativeconsumer’spref- erences change, in that his or her marginal rate of substitution of leisure for consumption in- creases for any quantities of consumpti…

Suppsoe that a corporate bond with a Baa credit rating and five years to maturit

Suppsoe that a corporate bond with a Baa credit rating and five years to maturity has a yield to matuity of 8 percent. Suppose that the goverment of the city of Udellum, wich has …

Suppy: P= 2Q+10 Demand: P = 220-Q Suppose the production of creates pollution re

Suppy: P= 2Q+10 Demand: P = 220-Q Suppose the production of creates pollution released into the air.the marginal cost to society is P=2Q+40. a. What is the competitive amount of t…

Surrounding the Great Lake are four paper-mills, each producing 100 tons of pape

Surrounding the Great Lake are four paper-mills, each producing 100 tons of paper per year.The paper is sold on the national market for $2 per ton, and including all the costs of …

Survey equipment is very expensive and become obsoletes and needs to be replaced

Survey equipment is very expensive and become obsoletes and needs to be replaced every 5 years. Consider a new GPS system consisting of a base station ($18,968 today's cost), a ro…

Surveys are often used to elicit public opinion on policies. Suppose Ann Arbor,

Surveys are often used to elicit public opinion on policies. Suppose Ann Arbor, Michigan is considering removing a dam on the Huron River. Rowers in the community want to keep the…

Sus 10 US 20 35 45 60 Quantity (millions of T-shirts per year) 23) The figure ab

Sus 10 US 20 35 45 60 Quantity (millions of T-shirts per year) 23) The figure above shows the U.S. market for T-shirts, where Sus is the domestic supply curve and DUS is the domes…

Sus US Ca US 0 Consider Figure 4-1, which shows the supply and demand for US Tre

Sus US Ca US 0 Consider Figure 4-1, which shows the supply and demand for US Treasury Securities (Sus and Dus) and for Charter Corp. bonds (Sc and Dc), as well as the correspondin…

Susan Jones has a job as a pharmacist earning $45,000 per year, and she is decid

Susan Jones has a job as a pharmacist earning $45,000 per year, and she is deciding whether to take another job as the manager of another pharmacy for $55,000 per year or to purch…

Susan switches from going to Speedy Lube for an oil change to changing oil in he

Susan switches from going to Speedy Lube for an oil change to changing oil in her own car herself. Which of the following is correct? The value of changing the oil is A) included …

Susan switches from going to Speedy Lube for an oil change to changing oil in he

Susan switches from going to Speedy Lube for an oil change to changing oil in her own car herself. Which of the following is correct? The value of changing the oil is A) included …

Susan used to work for a large corporation where the premium for employment-base

Susan used to work for a large corporation where the premium for employment-based group health insurance was $500 per month. Of this, she contributed $100 and her employer contrib…

Susan wants to buy a house for $200,000. US Bank will give her the loan at 3.5%

Susan wants to buy a house for $200,000. US Bank will give her the loan at 3.5% for 30 years if she puts 20% down and Dacotah Bank will give her the loan at 3.8% for 30 years if s…

Susanna Nanna is the production manager for a furniture manufacturing company. T

Susanna Nanna is the production manager for a furniture manufacturing company. The company produces tables (X) and chairs (Y). Each table generates a profit of $80 and requires 3 …

Suumio andlood Tose ir every geograph O e. This means that the price of gasoline

Suumio andlood Tose ir every geograph O e. This means that the price of gasoline and food rose in every place whe States during that year. QUESTION 5 Between 1979 and 2012, manufa…

Suzanne is 65 years old and has worked for BCE for 25 years. She is a member of

Suzanne is 65 years old and has worked for BCE for 25 years. She is a member of a Defined Benefit Pension Plan that will pay a retirement benefit of 2% of the average of her best …

Suzy left her successful law firm to start a bakery. During her first year she d

Suzy left her successful law firm to start a bakery. During her first year she determined that she paid $50,000 in costs and brought in $80,000 of revenue. Is it fair to conclude …

Suzy owns a Bahn Mi food truck in Charlotte, North Carolina. Most of her inputs

Suzy owns a Bahn Mi food truck in Charlotte, North Carolina. Most of her inputs are fixed in the short run. In fact, her only variable input is the number of employees that she hi…

Sven consumes only beer and bratwurst. We can define the addition to \"happiness

Sven consumes only beer and bratwurst. We can define the addition to "happiness" of consuming an additional beer as the marginal utility of beer and that for bratwurst as the marg…

Sven likes to water ski, but can only water ski during the one week that he is o

Sven likes to water ski, but can only water ski during the one week that he is on vacation. Therefore, he plans to ski every day, for eight hours a day. The first day, Sven skied …

Sven owns ABBA Bar (a bar dedicated to the Disco band ABBAS). Sven pays his land

Sven owns ABBA Bar (a bar dedicated to the Disco band ABBAS). Sven pays his landlord a monthly rent of $3,000. If Sven breaks the lease before the end of the calendar year, he mus…

Swadee\'s Jewelry is one of six hundred makers of ruby rings in Thailand. The ri

Swadee's Jewelry is one of six hundred makers of ruby rings in Thailand. The rings display differences across the companies because each jewelry company has its own designs. Swade…

Swap arrangements among national central banks a. enable central banks to conver

Swap arrangements among national central banks             a.         enable central banks to convert debt into equity             b.         exist only under conditions of clean …

Sweet Steel and Molten Metal produce sulfur dioxide emissions during production.

Sweet Steel and Molten Metal produce sulfur dioxide emissions during production. The total abatement cost (TAC) and marginal abatement cost (MAC) for each company: Sweet Steel: TA…

Sweetgrass Radiology Labs has a fixed amount of radiology equipment. The laborat

Sweetgrass Radiology Labs has a fixed amount of radiology equipment. The laboratory can hire any number of radiology technicians per hour to produce radiographs, which are display…