Why do firms buy back the shares from investors? What do they gain? Briefly explain the economics of such a decision and its effects on value of a firm.

An amusement park, whose customer set is made up of two markets, adults and children, has developed demand schedules as follows: Qa = 20 – Pa where a is adult market Qc = 30 – 2 Pc Where c is children market QT = 50 – 3 PT where T is the two markets combined Assume that the marginal cost of each unit of quantity is $5 (constant), the owners of the park want to maximize profit: A) Calculate the price, quantity and profit if the amusement park charges a different price in each market. B) Calculate the price, quantity and profit if the amusement park charges the same price in the two markets combined.

Report on the development of intra-industry trade of Morocco

Research an emerging market in Tourism BESIDES Slow Tourism, Adventure and Extreme Tourism, Medical Tourism, Vocation & Real Estate Tourism, Space Tourism and Marijuana Tourism.

What did you find?

2) Consider the oligopolistic market for robotic lawnmowers.

• The cost function of all firms is given by C_i = 180Q_i
• Demand for robotic lawnmowers is given by Q_D = 24,000 – 80P

1. Find the optimal production for one firm, the total quantity, and the price as functions of the number of firms n
2. Suppose n = 4. Find numeric values for the variables in 2)a)

1. What are the similarities and differences between the Balance of Payments (BoP) and the national income and product accounts (NIPA)?

2. What is the breakdown of the capital Account by its main items, and what item in that account contributes to GDP?

3. What part of the BoP reflects remittances sent by immigrants to their families back home and can they be thought of as more related to our exports or our imports?

Finance Minister Eric Girard announced that the province will give up to $100 extra weekly to cashiers, grocery stockers, delivery people, and everyone who keeps the province running.

Girard said that the program is meant to ensure that those essential workers will earn more by working than by applying for the federal government's emergency benefits program (CERB), which provides Canadians struggling financially with $2,000 a month.

Using the logic of supply and demand, explain what is happening in the low-wage labour market that characterizes many of these essential services. Make sure your answer addresses the following question:

1. Explain what this policy does for the distribution of income, particularly on the wages of essential workers in low skilled sectors of the economy. How does this policy affect the incentives of employers and what might be the long-run implications of this policy?

Yasmin Jamieson is 18 years old and is about to graduate from an Ottawa high school. She must decide: which university will she attend in September? She wants to follow a 4-year undergraduate degree in Economics. Yasmin has been accepted to attend McMaster University in Ontario, Canada, and Stanford University, California, United States. She faces only one annual cost for the each of the four years she is in university: tuition. Annual tuition at McMaster is $15,000. At Stanford, annual tuition is $45,000. Assume that she is not considering the option of working after high school. Therefore, do not consider the foregone labour earnings when going to university. After graduation, Yasmin has a strong interest in Labour Economics and hopes to receive job offers from Capital Economics (near Hamilton, Canada) and from Insight Economics (near Stanford, USA).

She knows that these two companies offer different annual salaries depending on where one has graduated. Capital Economics will offer a McMaster graduate an annual salary of $128,000 and a Stanford graduate an annual salary of $160,000. Insight Economics will offer a McMaster graduate an annual salary of $175,000 and a Stanford graduate an annual salary of $250,000.

Let’s assume the following:

• Yasmin’s objective in her decision-making is to maximize the present value of net future income over her career (that is, income net of costs).

• She is certain to get job offers from both companies.

• Please ignore differences between these two cities in terms of income taxes, the exchange rate, the cost of living and moving costs.

• These annual salaries do not change for the duration of her expected career, from age 22 to 65. Hint: this time horizon is sufficiently long to use the present value (PV) approximation formula.

• However, the present value of annual tuition costs should be calculated using the expanded present value formula.

• The market interest rate is 5%. Which university would you recommend to Yasmin? Please show all your calculations and explain your recommendation. (20 points)

Assume there are two plots of vineyard land, X and Y. If X costs twice as much as Y and rents and discount rates are the same for each plot, the price difference can only be causes by different growth rates.
a) For both plots, provide an abstract equation for the growth rate g. Assume that plot Y’s price is NPV.

b) Based on your answer to (a), and assuming that the price-to-rent ratio for plot Y equals 12 and i=0.06 , what are the respective growth rates?

Lina, a Malaysian citizen, is planning to expand her business of exporting Tupperware into Japan.
Kenji, a Japanese citizen, is very interested to be the distributor for Lina’s good. After nearly one
week of negotiation, both of them had agreed for the goods to be delivered through maritime mode of
transportation.
However, Lina is worried about the payment method and the cost incurred by her if the goods were
damaged while in transit.

(a) discuss whether the use of bill of lading in the contract between Lina and Kenji will provide
the necessary protection for Lina. Support your answer with relevant cases.
(b) in your opinion, does Incoterms 2010 manage to solve problem in relation to the obligation
and the liabilities of seller and buyer in international business contract. Support your answer
with relevant laws.

ABC, Inc., is considering the purchase of a digital camera for the maintenance of design specifications by feeding digital pictures directly into an engineering workstation where computer-aided design files can be superimposed over the digital pictures. Differences between the two images can be noted, and corrections, as appropriate, can then be made by design engineers. The capital investment requirement is $350,000 and the estimated market value of the system after a six-year study period is $120,000. Annual revenues attributable to the new camera system will be $130,000, whereas additional annual expenses will be $25,000. You have been asked by management to determine the IRR of this project and to make a recommendation. The corporation’s MARR is 20% per year.

1. Solve first by using linear interpolation
2. and then by using a spreadsheet.