Problem Set 3 Name: Lauren Hensley 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: -0.333 $1.50 - $2.00: -0.6 $2.00 - $2.50: -1 $2.50 - $3.00: -1.66 If the price of graham crackers is $2.50 should firms raise or lower
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GMB 713 PROBLEM SET NO. 2 PROBLEM SOLVING: Solve the following problems. Show all pertinent solutions. 1. A car battery dealer is trying to determine which of the brands of car battery he is selling has a longer life span. He conducted an investigation by interview his customers and was able to get the following results: Brand X Brand Y Mean life span 4.5 years 4.9 years Standard deviation
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Guillermo Furniture Store Concepts Paper FIN 571 Guillermo Furniture Store Concepts Paper Sonora‚ Mexico was the ideal location for Guillermo’s Furniture Store to thrive due to the abundant supply of cheap timber paired with relatively cheap labor costs. Guillermo has been producing high quality products‚ mainly chairs and tables‚ which would sell at premium prices. Unfortunately‚ Guillermo’s exclusively did not last; a competitor from overseas using a high-tech manufacturing approach could
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PROBLEM SET # 1 Instructions: 1) Open book‚ open notes limited to only class materials. 2) Unlimited time. 3) This must be reflective of your individual effort. GMU Honor Code applies. 4) The Problem Set #1 (only the question solutions portion) is due at the end of the day on September 24th. 5) Show all work‚ as partial credit will be given for each question’s answer. Organize your work so it is easy to follow. You can use word‚ power point‚ excel or combinations
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Problem Set 3 for Group 3 ZHAO XUAN 13103465D CHAN YUET CHING 13087084D ZHOU YONG MEI 13102452D Question 1 Exporting used batteries to Mexico Lead US High standard Mexico Weak law and control $0.05 per pound $0.42 per pound Business ethics the accepted principles of right or wrong gov erning the conduct of individuals engaged in business activities 1 (a) Are US companies that export used batteries to Mexico and follow local regulations in their acting in a socially and ethically
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University of Hong Kong 1st semester 2014-15 ECON0301/ECON2252 Theory of International Trade Problem Set 1 Due time: 5pm September 26‚ 2014 (Friday) Answer all of the following questions. While I encourage you to discuss with your classmates‚ you have to write up your own script. Please hand it in to your TA (Miss Jiuqi Zhao) by the due time via her pageon box on the 9th ‡oor of K.K. Leung Building. 1. Suppose that Home and Foreign have the marginal product of labor shown below. Home Foreign Baseball
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Problem Set 1 Ben Polak‚ Econ 159a/MGT522a. Four Questions due September 19‚ 2007. 1. Strictly and Weakly Dominated Strategies? What is the de nition of a strictly dominated strategy? What is the de nition of a weakly dominated strategy? Give an example of a two-player game matrix where one player has three strategies‚ one of which is strictly dominated; and the other player has three strategies‚ one of which is weakly (but not strictly) dominated. Indicate the dominated strategies. 2. Iterative
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Working Capital Management Frank DeCosta‚ Dianna May‚ Julie Ormston‚ and Yasir Zaidan FIN/571 July 17‚ 2014 G. Willis Working Capital Management Finagle A Bagel was purchased in 1998 by Alan Litchman and his wife Laura Trust. At the time Finagle had been in operation for 4 years and operated out of 4 locations. Having come from a corporate background with no bagel baking experience‚ Alan and Laura faced with many financial and operations decisions with their purchase. Situations such as
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Problem Set 1 Macroeconomics‚ ECON 2123 (Instructor: Partha Sen; TA: Peter Tsui) ------------------------------------------------------------------------------------------------------------------------------------ Posted: Friday‚ 19 September 2014 Due: 5:00 PM Friday‚ 26 September 2014 (Submit your homework into the homework collection box outside the department office) 100 marks total Part I: True/False/Uncertain (20 marks‚ 4 marks each) 1. GDP is the value of all goods and services produced
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Problem Set 3 1. Louise McIntyre’s monthly gross income is $2‚000. Her employer withholds $400 in federal‚ state‚ and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA. Her monthly credit payments for VISA‚ MasterCard‚ and Discover card are $35‚ $30‚ and $20‚ respectively. Her monthly payment on an automobile loan is $285. What is Louise’s debt payments-to-income ratio? Is Louise living within her means? Louise’s Gross Income | =
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