Problem Set 3 Macroeconomics‚ ECON 2123 Sections L3 and L4 P. Sen Posted 9.11.14. Due 5 PM 17.11.14. ----------------------------------------------------------------------------------------------------------------------------------- 100 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (25 marks‚ 5 marks each: 2 marks for correct judgment and 3 marks for correct argument) 1. Suppose that workers in the Republic
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1 400 400 190 210 400 190 2 380 760 380 380 360 190 3 360 1080 570 510 320 190 4 340 1360 760 600 280 190 5 320 1600 950 650 240 190 6 300 1800 1140 660 200 190 7 280 1960 1330 630 160 190 8 260 2080 1520 560 120 190 9 240 2160 1710 450 80 190 10 220 2200 1900 300 40 190 Profit will be maximized when marginal revenue is equal to marginal cost. The given information cannot achieve the outcome of marginal revenue is equal to the
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Legal Brief Facts summary Mr. Potbelly holds a garage sale at his home. Mr. Slim Jim stops by the sale and upon noticing a rare piece of art pottery offers a price of $100 for the art that is marked $250. Mr. Potbelly accepts Mr. Slim Jim’s offer. Mr. Potbelly informs Mr. Slim Jim he is selling his home because he is moving up north because he has lost his job. Mr. Slim Jim asks how much he is selling it for and Mr. Potbelly informs him he is thinking $75‚000. Mr. Slim Jim offers him $70‚000
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Problem Set 3 Problem Set 3 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 6. 1. Data for the market for graham crackers is shown below. Calculate the elasticity of demand between the following prices. Price of crackers Quantity Demanded (per month) $3 80 $2.5 120 $2 160 $1.5 200 $1 240 $1.00 - $1.50: Elasticity of demand equals .45; favoring inelasticity $1.50 - $2.00: Elasticity of demand equals .78; favoring inelasticity $2.00 - $2.50: Elasticity of demand equals 1.29; favoring
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SYLLABUS HRM/300 Fundamentals of Human Resource Management Copyright ©2014 by University of Phoenix. All rights reserved. Course Description This course explores the critical role of human achieving resources in business results. The course will help students to have a solid understanding of the fundamentals of human resource management and its strategic relevance in business today. This course will provide students with a critical perspective on the development of human capital in the context of
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The 300 Kid The phrase "300 kid" might be very foreign to you and everybody around you. In contrast in the halls of a Juvenile court it’s a phrase that is heard to often."How could you blame him‚ he was a 300 kid". A "300 Kid" is one of those unintentionally dehumanizing verbal short hands so common in the juvenile system. So what is a "300 Kid" it’s a synonym for a foster child‚ dependent child‚ a beaten‚ battered‚ and abused child. In the juvenile system young reoffending offenders are looked
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Traveling Mindset vs. Home Mindset Does having a closed mind set benefit more than a open mind set? Being open minded is having a mind embarks on new ideas‚ exploring and arguments. Being close minded is not open to new ideas and exploring. What does open minded and close minded have to do with having a traveling mind set and home mind set? Having a traveling mind set‚ we carry with us no rigid ideas about what is interesting. A home mind set is being settled in expectations‚ and assured that we have
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Problem Set #2 Ec 370 Summer‚ 2013 Michigan State University M. Naretta 1. Another popular sport on SASN is One-out‚ Two-base baseball. In this sport there are‚ obviously‚ two bases: home and 2nd. The batter hits the ball and runs to 2nd. If he or she (it’s a co-ed sport) gets a hit‚ then the batter is on second. If it’s an out‚ then the inning is over and the other team gets to bat. Suppose that it’s a hit. Then the next batter bats with a runner on 2nd base. If that
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Set and Setting Points PSY/240 Mrs. Dugan Vera Ioveino November 28‚ 2010 What is the difference between set points and settling points in relation to weight control? The difference is that set points is when hunger and eating are started from falling below one’s set point or as the text describes it “prescribed optimal level”‚ Pinel‚ (2007).The theories of set point suggest that one’s weight should remain constant. However‚ many people’s weights various are weight numbers and fluctuate over
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Problem Set 1 Problem 1 Which project should the firm select? Why? Project B: Managers should try to maximize their stock’s intrinsic value while also bringing in revenue. The P/E ratio shows the dollar amount investors will pay for $1 of current earnings. Problem 2 If most investors expect the same cash flows from Companies A and B but are more confident that A’s cash flows will be closer to their expected value‚ which company should have the higher stock price? Explain. The primary
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