Questions
After all of your glorious battles against the common enemy, you finally decide to retire from...

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...

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:

  1. On what basis did the court conclude that Microsoft was a monopoly (see “Market Share”)?
  2. What was Microsoft’s market share of Intel-compatible PC operating system? Of all operating system, including those of Apply computers?
  3. What evidence did the court cite in claiming that Microsoft charged above-competitive prices (see “Microsoft’s Pricing Behavior”)?
  4. Reflection – the students also should include a paragraph in the initial response in their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace.

In: Economics

Research your local community for industry experts that you could consult and source information from to...

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...

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...

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...

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

Suppose that your city grants one pizza delivery service a legal monopoly on delivering pizzas; all...

Suppose that your city grants one pizza delivery service a legal monopoly on delivering pizzas; all other pizza delivery services must close. CLO 4[4 Marks]
a. What will happen to the price and quantity of delivered pizzas?
b. What will happen to the profit of the owner who has been granted the monopoly?
c. Suppose that the owner offers to sell the pizza delivery company to you. Would you be able to earn an economic profit? Be careful when you answer this question; think about the price the previous owner will charge you for the business.

In: Economics

What are the factors that promoted the use of cryptocurrency by comsumers? Furthermore, why are governments...

What are the factors that promoted the use of cryptocurrency by comsumers?
Furthermore, why are governments concerned about the use of Bitcoin?

Thank you :)

In: Economics

You’ve been asked to calculate the equivalent annual benefit (EUAB) of a new machine.The initial cost...

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...

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

What are the four variables of the marketing mix?

What are the four variables of the marketing mix?

In: Economics

Two manufacturers, Take-A-Paws (Paws) and Raise-The-Woof (Woof), each make dog collars and dog leashes, and they...

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

implement a step by step property tax policy to raise the revenue of a city in...

implement a step by step property tax policy to raise the revenue of a city in order to reduce the dependence on state and federal aid.
take under consideration the local businesses so that the poor dont get affected by the policy

Implement a policy to raise property tax on businesses in order to raise revenue for a city

In: Economics

How do the institutions of the European Union today reflect its historical roots? Or have they...

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...

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