Questions
what were the impact and strategies used by Coca-COLA during 2008-2010 financial crisis? what were the...

what were the impact and strategies used by Coca-COLA during 2008-2010 financial crisis? what were the strategies used post the recession by coca-cola?

In: Economics

Oliver's PPC crosses the x-axis at (3,0) and the y-axis at (0,3). Claire's PPC crosses the...

Oliver's PPC crosses the x-axis at (3,0) and the y-axis at (0,3). Claire's PPC crosses the x-axis at (6,0) and the y-axis at (0,12). Group of answer choices

Oliver has a comparative advantage in producing the good represented on the x-axis.

Claire has nothing to gain to trade with Oliver. Claire has an absolute advantage in both goods.

The opportunity cost of producing the good on the x-axis is greater for Oliver than for Claire.

In: Economics

How does the Bank of Canada open market operation of purchasing bonds from chartered banks effect...

  1. How does the Bank of Canada open market operation of purchasing bonds from chartered banks effect the components of the GDP = C+I+G+X-M? Be sure to mention exchange rates in your answer.

2. Draw the Canadian economy initially in long-run equilibrium at potential GDP of Yp and price level P1. Use that AD/AS model to illustrate the effect of each of the three following separate shocks to the model in the short run.

A) Explain what happens to aggregate output and the aggregate price level.

B) Determine whether the economy faces a short-run recessionary gap or an inflationary gap.

C) What type of monetary and fiscal policies will offset each particular shock to close the gap and return to potential GDP? Expansionary or contractionary? Explain.

  1. Consumer confidence in the economy increases.
  2. Housing prices fall and are not recovering.
  3. Oil prices increase dramatically.

In: Economics

Presuming you will make a $500,000 dollar investment into your firm. The machine that you purchased...

Presuming you will make a $500,000 dollar investment into your firm. The machine that you purchased has a life span of 6 years. At the end of 6 years there will be no residual value left to the machine. If the machine will generate $145,000 annually what is your internal rate of return.

Recalculate your Internal Rate of return if the initial investment is $800,000 and investment will generate the following annual revenue.

Year 1   $150,000

Year 2   $125,000

Year 3   $175,000

Year 4   $150,000

Year 5   $120,000

Year 6   $100,000

Please do the calculations through excel.

If the financial institution charges you 4.2% interest should you make the investment? If you are making 1 payment annually during the 6 years what is your annual payment at an interest rate of 4.2%?

In: Economics

Basically, the concept of corporate culture reflects long standing capitalist tradition in which workers are regarded...

  1. Basically, the concept of corporate culture reflects long standing capitalist tradition in which workers are regarded as commodity and the main objective of business is to maximize profits.

a. Why does capitalist tradition matter for workers?

b. What is the role of ethics of capitalism in the pursuit of corporate profit?

In: Economics

Below are some data from the land of milk and honey. YEAR       PRICE OF MILK       ...

Below are some data from the land of milk and honey.

YEAR       PRICE OF MILK        QUANTITY OF MILK    PRICE OF HONEY        QUANTITY OF HONEY

2001                $1                                100 Qts.                     $2                               50 qts.

2002                $1                                200                              $2                                100

2003                $2                                200                              $4                                100

1. Compute for each year the following below using 2001 as the base year.

a) nominal GDP

b) real GDP,and

c) the GDP deflator for each year, using 2001 as the base year.

2. Why do economists use real GDP rather than nominal GDP to gauge economic well being?

In: Economics

Select a personal health behavior and describe how it can impact both individual and population health,...

Select a personal health behavior and describe how it can impact both individual and population health, as well as the costs of health care delivery in the United States. Consider what efforts are being, or could be, made to lessen negative impacts on individuals and populations, as well as on costs.

In: Economics

The bank of Canada is concerned about the current COVID-19 financial crisis and decided to decrease...

The bank of Canada is concerned about the current COVID-19 financial crisis and decided to decrease its key interest rate to 0.25%.

a) with the aid of an appropriate diagram show the change in money supply

b) with your understanding of the monetary transmission mechanism and assuming an open economy how the bank of Canada actions effect the various components of AD and ultimately the equilibrium price level and real GDP ?

use the appropriate diagram to help explain your answers


can someone answer this question ?

In: Economics

Nebraska Virginia Wheat 10 4 Cotton 12 6 21) Refer to the table above for the...

Nebraska Virginia

Wheat 10 4

Cotton 12 6

21) Refer to the table above for the next few questions. Nebraska and Virginia each have 100 acres of farmland. The table gives the hypothetical figures for yield per acre in the two states. Who has the absolute advantage in the production of wheat?

a)Nebraska b)Virginia c) Both of the above d) None of the above

22) Who has the absolute advantage in the production of cotton?

a)Nebraska b)Virginia c)Both of the above d) None of the above

23) Who has the comparative advantage?

a) Nebraska b) Virginia c) Both of the above d) None of the above

24) Who has the comparative advantage in the production of cotton?

a)Nebraska b) Virginia c)Both of the above d) None of the above

In: Economics

Two firms compete in a homogeneous product market where the inverse demand function is P =...

Two firms compete in a homogeneous product market where the inverse demand function is P = 20 -5Q (quantity is measured in millions). Firm 1 has been in business for one year, while Firm 2 just recently entered the market. Each firm has a legal obligation to pay one year’s rent of $1 million regardless of its production decision. Firm 1’s marginal cost is $2, and Firm 2’s marginal cost is $10. The current market price is $15 and was set optimally last year when Firm 1 was the only firm in the market. At present, each firm has a 50 percent share of the market.

a. Based on the information above, what is the likely reason that Firm 1’s marginal cost is lower than Firm 2’s marginal cost?

  • Second-mover advantage

  • Direct network externality

  • Learning curve effects

  • Limit pricing



b. Determine the current profits of the two firms.

Instruction: Enter all responses rounded to two decimal places.

Firm 1's profits: $  million

Firm 2's profits: $  million


c. What would each firm’s current profits be if Firm 1 reduced its price to $10 while Firm 2 continued to charge $15?

Instruction: Enter all responses to two decimal places.

Firm 1's profits: $  million

Firm 2's profits: $  million


d. Suppose that, by cutting its price to $10, Firm 1 is able to drive Firm 2 completely out of the market. After Firm 2 exits the market, does Firm 1 have an incentive to raise its price?

  • No

  • Yes



e. Is Firm 1 engaging in predatory pricing when it cuts its price from $15 to $10?

  • No

  • Yes

In: Economics

Describe how you would re-create a local government system in California’s metro regions. You do not...

Describe how you would re-create a local government system in California’s metro regions. You do not need to talk about specific regions—focus on general principles that can apply to all major metro areas.

2. What type of relationship should there be between local governments (e.g., competition, cooperation, etc.)?

In: Economics

A firm faces the following demand function: p = 1100 − 30q. As usual, p and...

A firm faces the following demand function: p = 1100 − 30q. As usual, p and q are the price and the quantity of the good. The cost function for this firm is defined by C = 20q2 + 100q + 1500.

(a) Is it economically reasonable to have q = 40? Explain.

(b) Write down the profit function for this firm.

(c) Find the optimal level of production q∗ and check whether it pertains to a maximum or to a minimum.

In: Economics

According to the Chairman, what goals does Congress set for the Federal Reserve? What is their...

  1. According to the Chairman, what goals does Congress set for the Federal Reserve?
  2. What is their current stance on interest rates in 2019?
  3. What is happening to the economic indicators that he discussed in the statement (the ones we have already studied: consumption, business investment, net exports, unemployment/labor market, inflation, trade, etc.)? Please discuss each of these indicators.
  4. What, if any, concerns does the Federal Reserve have about the economy in the near future that may cause them to change their monetary policy?

In: Economics

In the last quarter of 2019, US GDP was approximately $21.0 trillion dollars with an unemployment...

In the last quarter of 2019, US GDP was approximately $21.0 trillion dollars with an unemployment rate less than 4%. However, with the precautionary steps taken to stop the spread of COVID-19, a significant number of workers were laid off and unemployment climbed significantly. If the unemployment rate does not decline and stays at an average of 15% for an entire year, then the fall in the US GDP is likely to be

Group of answer choices

$3.15 trillion.

$16.4 trillion.

$4.20 trillion.

$4.60 trillion.

In: Economics

What do the basic models of international factor movements between two countries predict with regard to...

What do the basic models of international factor movements between two countries predict with regard to the impact on factors from each country and overall output? In reality are the results the same as would be predicted in this model? If they are different, explain why this is the case.

In: Economics