As a budding entrepreneur, you have purchased a small bagel shop. You have engaged in a market study to categorize your customers’ willingness to pay for a meal (coffee+bagel) into 8 equal sized groups: ($5.00, $4.50, $4.00, $3.50, $3.00, $2.50, $2.00, $1.50). All of your costs are fixed except labor and materials, which cost $2.25 per meal sold.

a) What price should you charge for a meal? (Hint: you don’t need to know the number of customers to answer this or part b)

b) Suppose your market research tells you that the four lowest value groups are all students. Should you offer a student discount? If so, how much?

c) If there are 100 daily customers from each consumer group, what is your shop’s profit gain from offering a discount to students relative to offering the same price to all customers?

d) If the fixed costs associated with the shop are salaries, a franchise fee, and rent, which are renewed and paid annually and average $500 per day, should the shop stay open in the long run? Does your answer depend on whether or not the shop offers a student discount?

1- If expected future exchange rate of Saudi Riyal (SAR) increases, what will happen to the exchange rate of SAR now? Explain with a GRAPH

2- Explain dollarization.

3. What are the functions of the IMF? What are the criticisms of the IMF?

4.Explain how price level affects exchange rates in the long run?

Sam is considering purchase of a vending machine to sell sodas. The cost of the vending machine is $3,400. Sam estimates that the vending machine will last for five years and will provide net income of $800 each year for its lifetime.
a. If Sam pays $3,400 for the vending machine today, what is its net present value at 7%? Should Sam purchase the vending machine?
b. If Sam pays $3,400 for the vending machine today, what is its net present value at 5%? Should Sam purchase the vending machine?
c. Suppose the seller of the vending machine allows Sam to defer, without penalty or interest, payment for the vending machine until the end of the first year. What is its net present value at 7%? Should Sam purchase the vending machine?

Suppose that for ABC Company we have the following functions:

    Inverse Demand Function:   P = 360 - 0.8Q

    Cost Function: 120 + 200Q

    Marginal Revenue Function (MR) = 360 – 1.6Q

    Marginal Cost (MC) = 200

Determine quantity (Q) and price (P) that maximizes profit for ABC Company. Show your calculations.

The demand and supply for a product is given by:

Qd: 300-5P Qs: 3P-100

Suppose the government imposes a tax T=$16

Calculate:

A) Consumer surplus after tax

B) Producer surplus after the tax

C) Government Revenue

D) Deadweight Loss

"Explain why economists usually oppose controls on prices

Explain how government budget deficits impact the exchange rate and the flow of capital in the United States.

VIVDLY DISCUSS IN A LENGTHY THE MAJOR MACROECONOMIC INDICATORS AND ITS IMPACT ON THE DEVELOPMENT OF BRAZIL ECONOMY.

1. Please describe how the PPC curve represents scarcity, choice and opportunity cost.

International Business:

Question 2.

Describe the “first mover advantage” in new foreign or domestic expansion and/or investment.

1. Define inflation, explain the different types of inflation and discuss the curse of inflation.

2. Which of them is or will more likely become a reality in our time of pandemic?

If the public decides to hold more currency and fewer deposits in banks, what happens to bank reserves and the money supply after all adjustments are made?

Market demand is given by Q = 53 - P. Let AC = MC = 5.

There are two firms; A, B. So q^A + q^B = Q.

a. Find the reaction functions for firm A and firm B.

b. Find the Cournot equilibrium firm output, market output, and price.

c. Graph the demand curve and the MC curve.

d. Find the monopoly equilibrium output and price (you already did this in the Monopoly Assignment).

e. Find the competitive market equilibrium output and price.

f. Show the competitive equilibrium, the monopoly equilibrium, and the oligopoly market equilibrium on your graph. Compare the deadweight loss for monopoly and oligopoly.

Between 1945 and 1975, the United States changed in many significant ways. Which of these changes, in your opinion, had the greatest influence on American culture during this period? What is a specific example?