id string | problem string | answer string | answer_type string | category string | difficulty string | eval_score int64 | similar_problems list |
|---|---|---|---|---|---|---|---|
null | I must solve the recurrence $A_n = 6A_{n-1} - 8A_{n-2}$, where $A_0 = 1$ and $A_1 = 2$. I have the characteristic equation $x^2 - 6x + 8 = 0$, which yields $x_1 = 2$ and $x_2 = 4$. The general form for the solution is $A_n = C_1 * (x_1)^n + C_2 * (x_2)^n$. I am confused about how to proceed with finding the constants $... | None | null | null | null | null | null |
null | Which of the following are current policies that the ECB can employ as part of its strategy to increase the price level in the European Union?
A. Lowering reserve requirements and increasing the money supply growth rate
B. Lowering reserve requirements and decreasing the money supply growth rate
C. Increasing the in... | None | null | null | null | null | null |
null | Which COX enzyme are piroxicam, ibuprofen, flurbiprofen, and mefenamic acid more selective for?
a. COX-1
b. COX-2
c. They are equally selective for COX-1 and COX-2. | None | null | null | null | null | null |
null | Use the below information to answer this question.
Income Statement for the Year
Sales $42,900
Cost of goods sold $29,450
Depreciation$ 3,850
Earnings before interest and taxes $ 9,600
Interest paid $1,390
Taxable income $8,210
Net income $5,747
Dividends $2,061
Balance Sheet
End of Year Cash $1,320
Account... | None | null | null | null | null | null |
null | After retirement, you expect to live for 25 years. You would like to have $75,000 income each year. How much should you have saved in your retirement account to receive this income if the interest rate is 9% per year? (Assume that the payments start one year after your retirement.)
a. $1,875,000
b. $1,213,487.12
c. ... | c | null | null | null | null | null |
null | The CVP analysis is based on several assumptions. Which of the following is not one of these assumptions?
A) Total costs can be separated into a fixed cost component and a component that is variable with respect to changes in the level of activity.
B) The cost and volume relationships are linear.
C) All fixed costs ... | None | null | null | null | null | null |
null | The maximal amount of interest expense is determined by the tax rate and
a) the amount of debt.
b) the number of interest payments.
c) none of the above. | None | null | null | null | null | null |
null | How to show that a solution to $\mathbb{R}^2$ is not unique when it is a straight line. | None | null | null | null | null | null |
null | Speedy Delivery Systems can buy a piece of equipment that is anticipated to provide an 10 percent return and can be financed at 6 percent with debt. Later in the year, the firm turns down an opportunity to buy a new machine that would yield a 15 percent return but would cost 18 percent to finance through common equity.... | None | null | null | null | null | null |
null | Find the expected return and standard deviation of a portfolio that is composed of a 40 percent share of stock A and a 60 percent share of stock B.
Stock A
Expected return = 14%
Standard deviation = 15%
Stock B
Expected return = 16%
Standard deviation = 19%
The correlation coefficient of the returns between A an... | None | null | null | null | null | null |
null | Consider an indifference map with food on the vertical axis and shelter on the horizontal axis. If a consumer is willing to give up 3 units of food in exchange for 1 unit of shelter and food is priced at $5 per unit and shelter at $10 per unit, then the consumer is:
A. Purchasing too much food for utility maximization... | A | null | null | null | null | null |
null | Use Green's theorem in the vector form to calculate the outward flux {eq}\phi{/eq} for the field {eq}F=(2xy+y^{2})i+(2x^{2}+4yj){/eq} and the region D enclosed by the triangle with vertices at {eq}(0,0),(3,3){/eq} and {eq}(0,6).{/eq} | None | null | null | null | null | null |
null | Suppose that a firm in a monopolistically competitive industry produces an output level at which MR = MC = ATC. The profits of this firm would be _____, and the industry _____ in long-run equilibrium.
a. positive; is
b. zero; is not
c. negative; is not
d. zero; is
e. positive; is not | None | null | null | null | null | null |
null | Elliott was a professional classical guitar player until his motorcycle accident that left him disabled. After long months of therapy, he hired an experienced luthier (maker of stringed instruments) and started a small shop to make and sell Spanish guitars. The guitars sell for $1,000 and the fixed monthly operating co... | None | null | null | null | null | null |
null | The "asked yield" in the financial press refers to which of the following?
a. yield to maturity
b. current yield
c. coupon rate
d. bond equivalent yield
e. effective yield | None | null | null | null | null | null |
null | For the series below, I did what I thought was the right calculation, which gave me the answer choice "e" as the answer. However, the correct answer choice is "d".
Show that: (E){eq}\Sigma{/eq}(X -X){eq}^{2}{/eq} = (E){eq}\Sigma{/eq} X{eq}^{2}{/eq} - (E) (X){eq}^{2}{/eq}
given:
E(X) = mu
Var(X) = E(X - mu){eq}^{2}{... | None | null | null | null | null | null |
null | Find the exact length of the curve.
x = 5 cos t - cos 5t, y = 5 sin t - sin 5t, 0 ≤ t ≤ π | 20 | null | null | null | null | null |
null | ________ is the length of time between the beginning of one cycle and the beginning of the next.
a. Takt time
b. Cycle time
c. Work cycle
d. Cycle efficiency
e. None of the above. | None | null | null | null | null | null |
null | How large of a sample do you need to estimate, with 95% confidence, the population mean study time to within 2 hours, given a standard deviation of 10 hours? | None | null | null | null | null | null |
null | Last year Artic Supply Corporation's stock paid dividends of $2 per share. Total dividends paid equaled $2 million. Common stock is $140 million and is selling for $20 per share. Use this information to estimate the dividend growth rate, assuming the market is in equilibrium. Show work. | None | null | null | null | null | null |
null | How do I calculate the standard deviation of the sample mean from the following information: Sample size = 25, Sample mean = 52, Standard deviation = 7? | None | null | null | null | null | null |
null | An investment project has annual cash inflows of $5,000, $5,000, $5,000, and $5,000, and a discount rate of 16 percent. If the initial cost is $15,000, what is the discounted payback period for these cash flows in years? | None | null | null | null | null | null |
null | Cyclical unemployment is:
a. the unemployment due to the unemployment benefits and welfare programs of the government.
b. the unemployment due to union activities and government-imposed restrictions to entry into specific occupations.
c. the difference between the actual unemployment rate and the natural rate of une... | d | null | null | null | null | null |
null | What is the smallest degree of a Taylor polynomial about 0 required for the error in the approximation of sin(0.4) to be less than 0.001? | None | null | null | null | null | null |
null | A model for the yield Y of an agricultural crop as a function of the nitrogen level N in the soil is Y=(KN)/(N+K), where K is a positive constant and N is measured in pounds per acre. Find the nitrogen level N for which the yield is highest. | None | null | null | null | null | null |
null | A point of tangency on the budget line where the ratio of the prices of the two goods equals the ratio of the marginal utilities of the two goods will result in a maximum level of total utility. True or False? | None | null | null | null | null | null |
null | If a firm maintains its pay-for-performance system at a relatively high level, it will most likely:
A) maximize the fear-based performance drive.
B) give employees the sense that the organization values them.
C) create an appropriate level of trust in the firm.
D) reduce the psychological contract between the firm ... | None | null | null | null | null | null |
null | A firm is considering two alternatives that have no salvage value, shown in the table below:
A
B
Initial Cost
$10,700
$5,500
Uniform Annual Benefits
$2,100
$1,800
Useful Life (in Years)
8
4
Assume that at the end of four years, ... | None | null | null | null | null | null |
null | S&P Enterprises sold 10,000 units of inventory during a given period. The level of inventory of the manufactured product remained unchanged. The manufacturing costs were as follows:
Variable Fixed
Unit manufacturing costs of the period $11.00 $7.00
Unit operating expenses of the period 3.00 2.50
Which of the followi... | b | null | null | null | null | null |
null | If $X_1, X_2, ..., X_n$ are independent and identically distributed random variables from a normal distribution with mean 0 and variance 1, what is the exact distribution (and parameters) of $$\frac{\frac{\sum_{i=1}^nX_i^2}{n-2}}{1+X_1^2}$$? | None | null | null | null | null | null |
null | Which of the following are necessary conditions for a competitive equilibrium?
i. {eq}p = MC
{/eq}
ii. {eq}p = AC
{/eq}
iii. {eq}p > AVC
{/eq}
a. i, ii and iii
b. i only
c. i and iii only
d. i and ii only | None | null | null | null | null | null |
null | Kingston Technology wants to purchase a computer system for $33,000. The computer system is expected to generate annual cash inflows of $9,500 and annual cash outflows of $2,500 over the next six years. What is the internal rate of return on this project?
A. 18%
B. 9%
C. 8%
D. 11% | None | null | null | null | null | null |
null | Treviso's preferred stock pays a dividend of $2.30 per share and trades at a price of $29.40 per share. Compute the stock's annual rate of return for Treviso. | None | null | null | null | null | null |
null | Calculate the integral $\int_{l} z ds$, where $l$ is the closed contour which consists of the piecewise smooth lines $z=1+t, z=2-t,z=2t-1,z=2t+1,z=3-t,z=4+t,z=4t-3,z=4t+3$ and $z=5-t,z=6+t,z=6t-5,z=6t+5$ for $t=0,1,2,...,5$. | None | null | null | null | null | null |
null | In which kind of market is the equilibrium price equal to zero?
a. monopoly
b. oligopoly
c. imperfect competition
d. perfect competition
e. public goods market | e | null | null | null | null | null |
null | Which of the following is a true statement regarding plant assets?
A. In a multiple production department factory, a plantwide overhead rate will allocate overhead costs to products with more accuracy than departmental overhead rates.
B. In a service department, costs flow in as expenses are incurred.
C. In a service d... | None | null | null | null | null | null |
null | Chastain Inc. is considering the purchase of a new machine with an initial outlay of $2,260. They have received an unexpected windfall in their investment account which has resulted in them earning $32,000 (pre-tax) in profits, and they can use this to help finance the machine purchase.
The equipment will last for 3 y... | None | null | null | null | null | null |
null | Which of the following is true about the aggregate demand curve?
A. It is horizontal because the quantity of output demanded is independent of the price level.
B. It is vertical because the price level is independent of the quantity of output demanded.
C. It is downward sloping because when the price level increases... | None | null | null | null | null | null |
null | Which of the following is not an argument against a restrictive short-term financial policy?
A) Management may be reluctant to make a change that may have to be reversed.
B) We look at the current dividend level.
C) We try to avoid reducing the dividend.
D) We try to maintain a smooth dividend stream.
E) We are re... | None | null | null | null | null | null |
null | Consider a $40,000 par value bond with a 6 percent semi-annual coupon that matures in 20 years. If an investor wishes to earn a 7 percent yield to maturity, how much should she be willing to pay for the bond? | None | null | null | null | null | null |
null | Assume that Chris Co. has not paid a dividend for the last three years. In year 4 Chris Co. decides to declare $10,000 in Dividends to common and preferred stockholders. To start the company in Year 1 Chris Co. issued 100,000 shares of $1 par, 2% non-cumulative preferred stock, and 10,000 shares of $0.10 par common sto... | a | null | null | null | null | null |
null | Singh Co. has sales of $4,600,000, a net income of $400,000, and the following balance sheet:
Assets $ 3,500,000
Liabilities $1,450,000
Equity $2,050,000
Singh's asset turnover ratio is closest to:
a. 13.57
b. 83.3%
c. 1.3
d. 4.6 | None | null | null | null | null | null |
null | A proposed project has a positive NPV when evaluated at the company cost of capital. If the firm applies the same company cost of capital to evaluate all potential projects, which one of the following actions is most likely to occur?
a. Accept too many projects that are too risky
b. Accept too many projects that are ... | None | null | null | null | null | null |
null | A recent dividend on the Let's Make a Deal stock was $1.73 per share. You expect a 9% total return on this stock over the next year. The dividend is expected to grow at a constant rate over the next year. What is the expected dividend yield?
A. 8.79%
B. 8.93%
C. 9.02%
D. 9.15% | None | null | null | null | null | null |
null | The marginal cost of a firm is given by MC(x) = 3x{eq}^2
{/eq} - 60x + 432, and the marginal revenue is MR(x) = 3x{eq}^2
{/eq} - 72x + 324. Find the value of x at which the profit is maximum.
a. 9
b. 6
c. 18
d. 22 | None | null | null | null | null | null |
null | Which of the following statements is true?
a) Rent on the factory building would be considered an indirect manufacturing cost.
b) Depreciation of factory equipment would be considered a direct manufacturing cost.
c) The salary of a machine operator in an auto body shop would be considered an indirect labor cost.
d)... | None | null | null | null | null | null |
null | The original cost of an item of inventory is above its replacement cost. The item s replacement cost is below its net realizable value but is higher than its net realizable value minus a normal profit. Under the lower of cost or market method, the inventory item should be valued at:
a. Net realizable value.
b. Origin... | c | null | null | null | null | null |
null | The cost per equivalent unit of production using the FIFO method of costing is calculated by dividing the _____.
A. Total cost of work in process at the end of the period + Cost of starting and completing work in the current period by Total equivalent units of production in the period
B. Cost of started and completed... | None | null | null | null | null | null |
null | The Greensboro Co. just issued a dividend of $1.20 per share on its common stock. The company is expected to maintain a constant 7% growth rate in its dividends indefinitely. If the stock sells for $24 a share, what is the company's cost of equity? | None | null | null | null | null | null |
null | Assume a firm has a choice between using a costly material for a product or using a less expensive material but buying a machine that would reduce the labor required to manufacture the product.
Which policy area can guide the firm's decision:
a. Externalities.
b. Labor Rights.
c. Property Rights.
d. Commercial Pri... | None | null | null | null | null | null |
null | Leisure Lodge Corporation reports the following information:
Net income
$2,500,000
2013
2012
Current assets
$3,000,000
$2,900,000
Long-term assets
8,000,000
9,100,000
Current liabilities
1,800,000
2,000,000
Lon... | None | null | null | null | null | null |
null | The last dividend paid by Wilden Corporation was $3.75. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which time, dividends are expected to grow at a rate of 8.0% forever. The firm's required return is 12.0%. What is the best estimate of the current stock price?
a. $96.82
b. $92.25
c... | None | null | null | null | null | null |
null | Find the integral part of $\sum_{n=1}^{10^9} {n^{- \frac {2}{3}}}$. How to obtain this answer? | 2997 | null | null | null | null | null |
null | If GDP is less than the level of aggregate expenditure, then:
a. aggregate demand will fall.
b. the level of output is below full employment.
c. inventories will be increasing.
d. business firms will produce more goods and services.
e. there will be a recessionary gap. | None | null | null | null | null | null |
null | You have a stock solution of 10 mM NaCl. You need 4.0 mM NaCl in a 100 mL solution. How much water and stock solution do you need? | None | null | null | null | null | null |
null | On average, a certain kind of apple has a mass of 150 g with a standard deviation of 25 g. If 300 apples are chosen at random, what is the probability that their mean mass is greater than 145 g? | None | null | null | null | null | null |
null | Speedy Delivery Systems can buy a piece of equipment that is anticipated to provide an 7 percent return and can be financed at 5 percent with debt. Later in the year, the firm turns down an opportunity to buy a new machine that would yield a 14 percent return but would cost 16 percent to finance through common equity. ... | None | null | null | null | null | null |
null | Museum Corporation acquired a new manufacturing building by issuing 10,000 shares of its $50 par value preferred stock with a $75 per share market price. Similar buildings have recently cost $780,000.
What are the effects of this transaction on the accounting equation for Museum?
a. Building and Preferred Stock incre... | None | null | null | null | null | null |
null | Total factor productivity would not change if:
A. a major disaster struck.
B. a civil war ended.
C. a major new source of oil was discovered.
D. a major innovation occurred. | C | null | null | null | null | null |
null | When a building is acquired by issuing stock,
a. Buildings and Stock increase.
b. Buildings increase and Stock is decreased.
c. There is no effect on the accounting equation.
d. Equipment increase and Stock is decreased. | None | null | null | null | null | null |
null | Zink Company reported the following information for the current year:
Net income, $500,000
Depreciation expense, 30,000
Cash paid for interest, 40,000
Increase in accounts receivable, 30,000
Increase in inventory, 40,000
Decrease in prepaid insurance, 5,000
Increase in accounts payable, 20,000
Increase in wages... | None | null | null | null | null | null |
null | Which statement is true regarding the creation of confidence intervals using the Student's t distribution:
A. The larger the degrees of freedom, the greater the dispersion of the t distribution
B. The smaller the degrees of freedom, the closer the t distribution is to the standard normal distribution
C. The lower th... | None | null | null | null | null | null |
null | Suppose the dollar exchange rate is $$\dfrac{dollar}{euro} = 0.9$$ and the interest rate in the US is 4%. According to IRP, the one-year interest rate in Germany would have to be:
a. 5.39%
b. 6.59%
c. 4%
d. 3.73%
e. None of the above | None | null | null | null | null | null |
null | What test statistic will be used to test the null hypothesis at the 0.02 significance level, given the following sample information: Sample 1: Sample size = 17, Sample mean = 160, Sample variance = 400; Sample 2: Sample size = 23, Sample mean = 185, Sample variance = 625, assuming equal population variances? | None | null | null | null | null | null |
null | Why does calculating $\iint_S$ r.n $dS$ over the surface of a sphere with radius $a$ centered at the origin using $dS = \frac{dxdy}{|\hat n . \hat k|} = \frac{dxdy}{a/z}$ result in $2\pi a^3$ instead of the expected $4\pi a^3$, and is it because I only considered the upper hemisphere when calculating the surface elemen... | $4\pi a^3$ | null | null | null | null | null |
null | A competitive firm is selling its output for $10 per unit. If it produces and sells 500 units, its
a. total revenue is $25,000.
b. average revenue is $5 per unit.
c. marginal revenue is $10.
d. marginal cost is $5 per unit.
e. none of the above. | None | null | null | null | null | null |
null | In a small open economy with a flexible exchange rate, if it wants to devalue its currency, the government could
A. increase taxes.
B. decrease government spending.
C. decrease the money supply.
D. increase the money supply. | None | null | null | null | null | null |
null | Suppose the spot exchange rate for the Brazilian real is R$1.89/$. The one-year forward exchange rate for the Brazilian real is R$1.92/$. Which of the following is true about the interest rate parity equation?
a. $ interest rate - real interest rate = 0.1631
b. $ interest rate - real interest rate = 0.1481
c. $ inte... | None | null | null | null | null | null |
null | Yanik Corporation uses the accounting rate of return method of evaluating proposed investments. Management decided that they would use 8% for the calculation of the accounting rate of return. During 2015, the company invested in a new business venture in Information Management Systems. This investment earned $135,000 i... | None | null | null | null | null | null |
null | 6e. With no international trade, if the interest rate in the United States falls below the world rate, then:
a. the U.S. current account balance is negative; the U.S. capital stock increases.
b. the U.S. current account balance is negative; the U.S. capital stock does not change.
c. the U.S. current account balance ... | None | null | null | null | null | null |
null | A 3.00 mL ampule of a 0.130 M solution of naphthalene in hexane is excited with a flash of light. The naphthalene emits 15.0 J of energy at an average wavelength of 349 nm. What percentage of the naphthalene molecules emitted a photon? | 11.2% | null | null | null | null | null |
null | $$\lim_{n\rightarrow \infty}\left(1+\dfrac{r}{n}\right)^{rn}e^{-r}$$ | None | null | null | null | null | null |
null | A company's current assets, fixed assets, and total assets are $200,000, $800,000, and $1,000,000, respectively. Its current liabilities are $50,000 and long-term debt is $300,000.
Find the amount of equity (net assets). | None | null | null | null | null | null |
null | Professional Products Inc. paid a cash dividend of $138,000 to its common stockholders. The dividends are tax deductible for Professional Products at a tax rate of 34%. If the dividends were not tax deductible, Professional Products Inc.'s income tax expense would be $54,720 greater. How much is Professional Products I... | None | null | null | null | null | null |
null | Firms in a perfectly competitive industry maximize profit by producing at the quantity where _____.
a) price is equal to marginal cost.
b) price is equal to average total cost.
c) total revenue minus implicit costs is greatest.
d) total costs minus total revenue is least. | None | null | null | null | null | null |
null | Maximum annual sales for Edith Welch Co. during the past year, the first year of operations, were $550,000. The number of bad debt accounts written off during the year was 14. At the end of the year, the Allowance for Doubtful Accounts showed a credit balance of $16,200.
Based on the information, the company should es... | None | null | null | null | null | null |
null | HyperShield is an international securities firm that specializes in securing loans for cross-national transactions, such as real estate purchases and joint ventures. With offices in several countries, the organization operates in a virtual format. Lately, the productivity of the organization has been greatly diminishin... | D | null | null | null | null | null |
null | The federal budget deficit is the difference between:
A) interest payments and government tax receipts.
B) government spending and government revenue.
C) gross investment and net investment.
D) government spending and gross investment. | None | null | null | null | null | null |
null | Suppose that market demand for a good is given by Q = 2 - 0.5 P where Q is the quantity of the good in units of the good in units, and P price of the good in $ per unit. Suppose that current price is $ 0.8/ unit. Using the mid point formula, calculate the price elasticity of demand associated with the price increase b... | None | null | null | null | null | null |
null | If fixed costs decrease and all other variables remain unchanged, which of the following statements is true?
A. Breakeven point will increase.
B. Unit contribution margin will increase.
C. Net Income will decrease.
D. Net Income will increase. | None | null | null | null | null | null |
null | The equilibrium constant Kc for the following reaction is 6.8 at 500K : A(g) + 3B(g) 3D(g) Calculate the equilibrium concentration of D if 3.5 moles each of A and B are initially mixed in 1.5 L flask. | None | null | null | null | null | null |
null | Select the incorrect statement about particle displacement in harmonic motion.
A) Particle displacement varies between 0 to A.
B) Particle displacement follows simple harmonic motion.
C) Particle displacement can never be zero.
D) Particle displacement cannot be used to calculate average velocity. | None | null | null | null | null | null |
null | The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
{eq}p = -0.01x^2 - 0.2x + 17
{/eq}
Determine the consumers' surplus if the market pr... | 270 | null | null | null | null | null |
null | The Parker Co. has a capital structure, based on current market values, that consists of 20% debt, 11% preferred stock, and 69% common stock. If the returns required by investors are 10%, 11%, and 16% for the debt, preferred stock, and common stock, respectively, what is Parker's after-tax WACC? Assume that the firm's ... | None | null | null | null | null | null |
null | The degree of discretion the Fed has in conducting monetary policy depends on which of the following factors?
A. The slope of the demand and supply curves for reserves.
B. The slope of the LM curve.
C. The position of the federal funds interest rate with respect to the discount rate and the interest rate paid on exc... | None | null | null | null | null | null |
null | Which of the following accurately describes the relationship between interest rates and bond prices?
a. The price of a bond and its interest rate are positively related.
b. The price of a bond and its interest rate are negatively related.
c. There is no relationship between the price of a bond and its interest rate.... | None | null | null | null | null | null |
null | Allen Company had a beginning inventory of $20,000 and an ending inventory of $25,000. Its cost of goods sold consists of a beginning inventory of $100,000 and an addition of $150,000 for purchases during the year.
Using the FIFO inventory method, what is the amount of the cost of goods sold?
Using the LIFO inventory... | None | null | null | null | null | null |
null | What is the competitive equilibrium when the demand function is \( q = 100 - 2p \) and there are 20 identical firms, each with a total cost function of \( c(q) = 100 - 5q + q^2 \)?
A. \( p = 6.25, y = 53.125 \)
B. \( p = 8.125, y = 75 \)
C. \( p = 8.125, y = 53.125 \)
D. \( p = 6.25, y = 75 \)
E. No competitive equili... | None | null | null | null | null | null |
null | Congress has embarked on another round of expansionary fiscal policy to boost employment and get reelected.
As chair of the central bank, how would you reduce the "crowding-out" effect and what macroeconomic problem might your policy exacerbate?
A. Increase the reserve ratio, risking the devaluation of the dollar
B.... | D | null | null | null | null | null |
null | Bill, Inc.'s common stock has a beta of 1.75. The risk-free rate is 7%, and the expected return on the market is 10%. According to the Security Market Line, what is the expected return on Bill's common stock? | None | null | null | null | null | null |
null | A company desires to accumulate $400,000 in a fund by December 31, 2015. If the fund's interest rate is 10%, compounded annually, how much must be invested each year to achieve the company's objective?
a. $37,180
b. $40,000
c. $40,377
d. $36,250 | None | null | null | null | null | null |
null | If a bank receives a deposit of $50,000 and the legal reserve requirement is 20%, then the money supply
a. remains unchanged
b. decreases by $20,000
c. increases by $100,000
d. increases by $200,000 | None | null | null | null | null | null |
null | Assume your firm produces in long run equilibrium (in the long run marginal cost is 0). Then due to an improvement in technology, the firm can produce each unit of output with fewer units of labor. If the firm is competitive, then in the long run, we expect that:
a) The price will decrease and all workers will be made... | None | null | null | null | null | null |
null | Homer charges $50 per night to board cats, and he has a maximum capacity of 100 cats in his care. Currently he is able to board 90 cats. Homer incurs an opportunity cost of _____ if he increases the number of cats he can board to 95.
A. $950
B. $475
C. $50
D. $450 | None | null | null | null | null | null |
null | I having trouble solving the system of linear congruences: $x \equiv 1 (mod 2)$ (a) $x \equiv 1 (mod 3)$ (b) so what i do is from (a) $x = 2y + 1$ and into (b) $2y + 1 \equiv 1 (mod 3)$ so $2y \equiv 0 (mod 3)$ and $(2,3) = 1$, $1|0$ so a solution exists. now I try to find a $k,y \in \mathbb{Z}$ s.t. $2y + 3k = 1$ and ... | $x \equiv 1 \pmod{6}$ | null | null | null | null | null |
null | In the production process, if MP L /P L < MP K /P K, then in order to maximize profits, the firm should do what?
A) hire more labor and less capital
B) hire more capital and less labor
C) hire more labor and capital
D) hire less labor and capital
E) increase the wage rate and price of capital equipment | None | null | null | null | null | null |
null | Consider the region defined by {eq}x \leq 0, y \leq 0, {/eq} and {eq}4x + 2y \leq 4. {/eq} Evaluate {eq}\iint_R (2x - 3y) \, \mathrm{d}A {/eq} where {eq}R {/eq} is the given region. | None | null | null | null | null | null |
null | If the producer is willing to accept samples with 12.5 ounces or more, the probability that a good process will be accepted is:
A) 0.0401
B) 0.0500
C) 0.0668
D) 0.9599
E) None of the above | None | null | null | null | null | null |
null | How do you find the net present value of a project with an initial cost of $52,200 and cash inflows of $22,700, $28,900, and $15,000 for years 1 through 3, respectively, given a discount rate of 10%? | None | null | null | null | null | null |
null | Under what circumstances would it be possible for there to be a positive marginal revenue product of labor when the marginal physical product of labor is negative? | None | null | null | null | null | null |
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