Questions
Apply principles of leadership, governance and management to the CLAS Case Study of Peru.

Apply principles of leadership, governance and management to the CLAS Case Study of Peru.

In: Economics

In the long run, economic challenges for the Namibian economy concern how to provide satisfactory living...

In the long run, economic challenges for the Namibian economy concern how to provide satisfactory living standards growth for the vast majority of people. Such growth requires two components: rapid overall productivity of people and reversal of the increase in income equality that kept productivity growth. Using a case study of your choice in Namibia, assess the short and long run economic, and employment impacts of infrastructure investment. In your assessment, show (estimate) and discuss the likely impact on overall economic activity productivity and the number and the types of jobs. Furthermore, you are required to discuss how the investments are financed.                                                                       

In: Economics

Global Economy question. How does exchange rate stability affect (1) hedging strategies for Apple, a multinational...

Global Economy question. How does exchange rate stability affect (1) hedging strategies for Apple, a multinational organizations, (2) how it affects the balance of payments. how it can hedge to maximize profits and what strategies can be used to make a positive domestic impact on the balance of payments.

In: Economics

A service company purchases a fleet of trucks for house calls at a cost value of...

A service company purchases a fleet of trucks for house calls at a cost value of $1 million. At the end of 3 years, the company sells the truck fleet for $612,000. Assuming the company’s gross income is $1.5 million annually with expenses of $1.1 million determine the after-tax cash flows for the 3 years the company owned the fleet. Assume a corporate tax rate of 21% and use the appropriate MACRS depreciation for the truck. Assume that depreciation recapture and depreciation loss is subject to the same 21% tax rate and ignore sales tax for purchasing and selling the truck.

Please show all work

In: Economics

1. In long-run monopolistic competition, a) all firms will produce an identical product b) entry or...

1. In long-run monopolistic competition,

a) all firms will produce an identical product

b) entry or exit will shift the demand curve until all firms earn zero profit

c) firms might earn positive profits since strategic barriers prevent new firms from entering

d) entry or exit will shift the supply curve until all firms earn zero profit

e) firms may operate at a loss if the tax advantage are sufficiently large

2. What is the profit maximizing output level for a monopolistic competitive firm facing demand of P=50-2q, constant marginal costs of $10 and fixed costs are $50?

a) 19 units

b)10 units

c) 30 units

d) 25 units

e) 20 units

3. What is the profit maximizing price for a monopolistically competitive firm facing demand of P=50-2q, constant marginal costs of $10 and fixed costs of $50?

a) $50

b) $10

c) $2

d) $20

e) $30

4. What is the maximum profit that can be earned by a monopolistically competitive firm facing demand of P=50-2q, constant marginal costs of $10 and fixed costs of $50?

a) $150

b) $100

c) $500

d) $200

e) $300

5. How much deadweight loss will be created by a monopolistically competitive firm facing demand of P=50-2q, content marginal costs of $10 and fixed costs of $50?

a) $100

b) $300

c) $150

d) $50

e) $200

6. Which of the following is NOT true regarding perfect competition and monopolistic competition?

a) firms in each market structure operate in the long-run where LRAC and demand are tangent

b) there are no barriers to entry or exit in either type of competition

c) all of the answers are true

d) firms in each market structure operate at optimal scale

e) firms in each market structure earn zero profits in the long-run

7. Which characteristic of a monopolistically competitive market implies that firms will be unable to earn a profit in the long-run?

a) monopolistically competitive firms are able to earn a long-run profit

b) there are no barriers to entry

c) firms face a downward sloping demand curve

d) few sellers, many buyers

e) output is differentiated

8. In short-run monopolistic competition a firm maximizes its profit by selecting an output at which

a) marginal revenue exceeds marginal cost

b) marginal revenue equals marginal cost

c) total revenue equals total cost

d) marginal revenue equals average total cost

e) marginal revenue equals average variable cost

9. Which of the following is NOT true of a firm operating in a monopolistically competitive market in the long-run?

a) the firm produces less than optimal scale

b) the demand curve facing the firm is tangent to the marginal cost curve

c) the firm sets a price above the minimum average cost

d) the firm operates with excess capacity

e) all of the answers are true

In: Economics

The private sector has been regarded as a key partner of the public sector in providing...

The private sector has been regarded as a key partner of the public sector in providing funds for Infrastructure Investment. However, the private sector has faced a number of challenges in providing funds for infrastructure development. Discuss the challenges and suggest remedies that will assist the private sector to overcome these challenges

In: Economics

If real GDP in 2019 exceeds real GDP in 2018, did real output rise? Did Prices...

If real GDP in 2019 exceeds real GDP in 2018, did real output rise? Did Prices rise? Macroeconomics

In: Economics

: Suppose there is a shift in world demand towards Canada’s net exports. Explain the impact...

: Suppose there is a shift in world demand towards Canada’s net exports. Explain the impact on aggregate expenditure and the subsequent shift in the DD curve.

In: Economics

Question 6. There are two bidders in a sealed-bid, second-price auction. The object for sale has...

Question 6. There are two bidders in a sealed-bid, second-price auction. The object for sale has a common value. Each bidder, i = 1,2, receives a signal i that is independently and uniformly distributed on the interval [0, 1]. The true value of the object, v, is the average of the two signals,

v = (σ1 + σ2) / 2

(a) If bidder 1 gets the signal σ = 0.7, how much does he think the object is worth?

(b) Suppose that each bidder submits a bid equal to the expected value of the object (conditional on his signal). If bidder 1 submits the winning bid, what is the expected value of the object?

(c) What is the expected surplus for bidder 1 under the assumptions in (b)?

In: Economics

For most consumers, maximizing utility through consumption generally means finding good deals in order to maximize...

For most consumers, maximizing utility through consumption generally means finding good deals in order to maximize the utility received for each dollar spent. However, some makers of luxury goods believe that their customers actually achieve utility by paying high prices, such that lowering prices may lead to reduced sales. How is this counterintuitive view rationalized in our analysis of consumer behavior and the utility-maximizing rule?

In: Economics

For competitive firms, they set marginal cost equal to market price at profit-maximizing level of output....

  1. For competitive firms, they set marginal cost equal to market price at profit-maximizing level of output.
  2. In the short run, marginal revenue curve faced by a competitive firm is downward-sloping.
  3. Competitive firms always produce a positive amount of output in the short run (q > 0).
  4. Competitive firms earn zero economic profit in the long run equilibrium.

All these are True False Questions

In: Economics

What is the frontier thesis? What role does Turner argue the frontier has played in American...

What is the frontier thesis? What role does Turner argue the frontier has played in American history? from “Significance of the Frontier in American History” essay. 300 WORDS!

In: Economics

Assignment 3 BUS 151: Microeconomics Semester 402 Total Marks=20 Note: Answers should be written with appropriate...

Assignment 3

BUS 151: Microeconomics

Semester 402

Total Marks=20

Note: Answers should be written with appropriate headings. You may also draw figures to answer your questions more clearly.

Question 1: Explain with your example that how a country with absolute advantage in its production of two goods can gain from trade from another country which has no comparative advantage on the same goods. (6 marks) Chapter 3

Question 2: By explaining law of demand and law of supply show how prices of goods and services are determined in all types of market? What are those forces that move a market towards equilibrium? Why it is not advisable for any government of rely on price floor and price ceiling? (4+2=2= 8 marks) chapters 4&6

Question 3: What are the main influences on the elasticity of demand that that makes the demand for some goods elastic and demand for another goods inelastic? What are the main influences on the elasticity of supply that make the supply of goods elastic and the supply of other goods inelastic?(3+3=6 marks) Chapter 5

In: Economics

Do you think the four principles of high involvement provide for an adequate context for designing...

  1. Do you think the four principles of high involvement provide for an adequate context for designing high-performance work systems? What other concerns or guidelines for developing high-performance work systems would you suggest?

In: Economics

1.If the price level in the current period is higher than what buyers and sellers anticipated,...

1.If the price level in the current period is higher than what buyers and sellers anticipated, what will tend to happen to real wages and the level of employment? How will the profit margins of business firms be affected? How will the actual rate of unemployment compare with the natural rate of unemployment? Will the current rate of output be sustainable in the future?

5. (a) What is the difference between the real interest rate and the money interest rate?

(b) Suppose that you purchased a $5,000 bond that pays 7% interest annually and matures in five years. If the inflation rate in recent years has been steady at 3% annually, what is the estimated real rate of interest? If the inflation rate during the next five years rises to 8%, what real rate of return will you earn?

6. How is a nation’s trade balance related to its net inflow of foreign capital? If the inflow of foreign capital is used to finance the federal deficit, how will the well-being of future generations be affected?

In: Economics