After all of your glorious battles against the common enemy, you finally decide to retire from hack & slash and live peacefully for the rest of your life. You decide to deposit some (1000 gold) of your hard-earned gold to a bank that earns you the most interest for a 20-year period. You have three options to choose from: Bank of Orgrimmar, Bank of Stormwind and Bank of Ironforge. Each of the banks have different payment plans to choose from as given below: Bank of Orgrimmar: Deposit 50 gold at the end of each quarter for the first 5 years. Then, for the next 15 years, the bank suggests a rate of 5% compounded quarterly. Bank of Stormwind: Deposit 1000 gold now (year 0), then for the next 20 years the bank suggests a rate of 3% compounded annually. Bank of Ironforge: Deposit 100 gold at the end of each year for the first 10 years. Then for the next 10 years, the bank suggests a rate of 8% with a continuous compounding. Which bank should you deposit your gold? Propose your own counteroffer to any bank you favor the most (you may offer to change the interest periods, payment periods or interest rates. Be realistic in your counteroffers!)
In: Economics
In 2002 a U.S. court of appeals imposed remedies relating to a lower court’s findings that Microsoft had a monopoly in personal computer (PC) operating system and had maintained its monopoly through illegal actions.
At the U.S. Justice Department’s Web site, www.usdoj.gov,
Click on the Agencies on the top of the window,
Click on Antitrust Division and then on website
Click on Antitrust Case Filings
Find U.S. vs. Microsoft case filings.
Scroll down to District Court filings and find Findings of Fact
In the list of Findings of Fact find Court’s Findings of Fact (11/5/99).
In your initial response to the topic you have to answer all questions:
In: Economics
Research your local community for industry experts that you could consult and source information from to better your practice. This includes specialist or external providers. List three providers or specialists and provide a summary of their services along with an explanation of the type of information that they could provide you. (50–80 words each)
In: Economics
1-Create a Venn diagram, where you compare and contrast at least 3 characteristics of oligopolies and monopolies.
2- Explain two benefits that could arise with the existence of specialized brands.
3- If a group of sellers can form a poster, what quantity and price would you be trying to establish?
4- why are antitrust laws so controversial?
In: Economics
Consider the following three mutually exclusive investment project alternatives (A, B, C). Use the annual worth analysis (AW) to determine the best investment alternative assuming MARR=15%.
Project name: A B C
Cash Flow (Year 0): -200,000 -300,000 -400,000
Cash Flow (Year 1-N) +150,000 +180,000 +150,000
Salvage value at year N: +30,000 +50,000 +60,000
Project Life (N): 2 years 3 years 6 years
In: Economics
Answer the following questions: a) Draw a production possibilities curve showing the number of apples and pears that one person can pick in a given time period.
(i) Show efficient, inefficient, and impossible levels of output.
(ii) Why does the curve slope downwards?
(iii) What does the model tell us about the principle of opportunity cost?
(iv) Explain why a combination of apples and pears (i.e. a level of output at a middle point along the curve) gives you more fruit that if you had picked only apples.
(v) Why is the curve not a straight line? b) Ada, Brenda and Cathy are good friends since high school. All of them have just completed a degree in Business Administration. Brenda is an average student in both management and marketing. Ada is a top student in marketing and is only okay in management. However, Ada is still better than Brenda in both areas. Cathy is good in management but very poor in marketing.
In: Economics
In: Economics
In: Economics
You’ve been asked to calculate the equivalent annual benefit (EUAB) of a new machine.The initial cost is $100,000; use full life is 10 years; and salvage value is $10,000. The new machine is expected to reduce operating costs by $24,000 per year. Assume MARR of 10% and 40% tax bracket.You a real ways thorough and you plan make three calculations. PartA:NPV that does NOT include tax or depreciation.PartB:NPV includes the 40% tax,but NOT any depreciation. PartC:NPV that includes 40% tax after straight-line depreciation.
In: Economics
Why are stolen goods that are sold to a bona fide purchaser returned to the original owner, but goods that are obtained by fraud that are sold to bona fide purchasers stay with the purchasers? Explain and justify the difference.
In: Economics
In: Economics
Two manufacturers, Take-A-Paws (Paws) and Raise-The-Woof (Woof), each make dog collars and dog leashes, and they each operate 10 hours a day. Paws has 10 workers and Woof has 20 workers. In a given hour, Paws can produce 3 collars or 4 leashes, whereas Woof can produce 7 collars or 5 leashes. Part 1. Indicate whether the following statements are true (T) or false (F) and explain why: A. Since Woof has the absolute advantage in collars, Woof should produce only collars. B. Paws has the absolute advantage in leashes Part 2. The two companies decide to join each other in production and are open to trading with the rest of the world. The world price of a leash in terms of collars is x. Suppose that Paws produces only leashes: check all of the price ranges where all x within that range are feasible (in terms of collars per leash) and explain why:
In: Economics
In: Economics
How do the institutions of the European Union today reflect its historical roots? Or have they left those roots behind?
In: Economics
For a given AD curve, a reduction in the availability of labor or raw materials would cause the short run aggregate supply to shift to the left which would cause prices to fall and output to increase in the short run.
Select one:
True
False
According to the AD/AS model, an economic contraction caused by a leftward shift of aggregate demand remedies itself over time as the expected price level falls, shifting the short run aggregate supply rightward.
Select one:
True
False
According to the AD/AS model, if the long-run aggregate supply curve is vertical then the economy will always return to the level of output that occurs when the rate of unemployment is at its natural level.
Select one:
True
False
The sticky price theory of short-run aggregate supply says that when the price level falls unexpectedly, some firms will have higher than desired prices which increases their sales.
Select one:
True
False
As the United States entered World War II in the early 1940s, the U.S government increased military expenditures that caused the aggregate demand curve in the U.S. to shift to the left and that caused the rate of unemployment to rise to historic levels.
Select one:
True
False
In: Economics