Medicaid and food stamps are:
a. forms of cash assistance.
b. forms of in-kind assistance.
c. available only to families.
d. counterproductive.
b
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Suppose the demand for pizza in a small isolated town is p = 10 - Q. There are only two firms, A and B, and each has a cost function TC = 2 + q. Determine the Cournot equilibrium
What will be an ideal response?
Super Haulers is a hauling company and delivers large and heavy materials to construction job sites. Super Haulers is considering purchasing a new dump truck that costs $200,000 and the managers of Super Haulers have estimated that the new dump truck will generate $50,000 a year in future operating profit for the next four years. At the end of four years, Super Haulers can sell the dump truck at
a salvage price of $26,000. If the discount rate is 6 percent, what is the net present value of the dump truck? A) -$6,150 B) $3,583 C) $5,228 D) -$744
If the government increases spending while holding taxes constant, we expect
A. interest rates to rise. B. planned real investment spending by businesses to increase. C. a decrease in real saving as consumers follow suit and also increase borrowing. D. an increase in investment spending by businesses too, as they anticipate future economic growth.
In economics, the study of the decisions of firms in industries where the profits of each firm depend on its interactions with other firms is called
A) decision theory. B) game theory. C) market structure analysis. D) profit analysis.