Ch 11 #1, 2, 4, 6, 7(DW), 12(DW), 18, 21, 22, TW11 Question 1. Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -1.50. The marginal cost of producing the product is constant at $75, while average total cost at current production levels is $200. Determine your optimal per unit price if: a. You are a monopolist. b. You compete against one other firm in a Cournot oligopoly. c. You compete against 19 other firms in a Cournot oligopoly
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International Journal of Applied Business and Economic Research, Vol. 9, No. 2, (2011): 145-165 STUDY ON DYNAMIC RELATIONSHIP AMONG GOLD PRICE, OIL PRICE, EXCHANGE RATE AND STOCK MARKET RETURNS K. S. Sujit1 and B. Rajesh Kumar2 Abstract: The dynamic and complex relationship among economic variables has attracted the researchers, policy makers and business people alike. This study is an attempt to test the dynamic relationship among gold price, stock returns, exchange rate and oil price. All
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AAMJAF, Vol. 4, No. 2, 43–65, 2008 ASIAN ACADEMY of MANAGEMENT JOURNAL of ACCOUNTING and FINANCE THE IMPACT OF DERIVATIVES ON STOCK MARKET VOLATILITY: A STUDY OF THE NIFTY INDEX T. Mallikarjunappa1* and Afsal E. M.2 1 Department of Business Administration, Mangalore University, Mangalagangotri – 574199, Mangalore, DK, Karnataka, India 2 School of Management and Business Studies, Mahatma Gandhi University, P.D. Hills, Kottayam – 686560, Kerala State, India *Corresponding author:
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from a statistical point of view. That is not to say there is a lack of quantitative research on how specific demographics tend to vote; indeed, some of the good data and information out there will be used to inform this paper’s hypotheses and econometric model. This study will focus on the 2012 U.S. presidential election Barack Obama and Mitt Romney (there were several other candidates on the ballot, but none received a significant portion of the votes). Pundits threw around seemingly countless
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British Petroleum Linear and Multiple Linear Forecast for Q1 2015 Aubrey Martin West Virginia State University British Petroleum (BP) is one of the top oil producing companies in the world. They are responsible for all aspects of the business, from exploring to find new underground oil supplies, to marketing and selling the finished product and everything between. Because of BP’s wide array of operations, there are many different drivers of their business. BP’s main operation is sales of refined
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We examine whether the Internet can help increase overall advertising efficiency. Using a sample from the Spanish automobile industry, we combine a nonparametric method—Data Envelopment Analysis—with recent important insights from statistics and econometrics studies, and find that online advertising improves the efficiency levels and that this effect is more pronounced in the long-term temporal framework. During the past few decades, expenditures in manufacturing and general management have been
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Career Contents 1. Abstract ..............................................................2 2. Introduction.........................................................3 3. Body * How to choose a Career.......................................5 * Choosing Economics as a Career.......................11 4. Conclusion..........................................................18 5. Bibliography.......................................................20 6. Appendix ..................
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Role of Mathematics in Economics Article authored during M.A. degree between 1987-1989. Introduction Traditionally, application of mathematics had been restricted to the physical sciences, and the theories in the social sciences had been neglected, but in these days we notice that mathematical economics is flying high. We also observe that the articles on mathematical economics and fewer points on economic theory, occupy more prominent place in the economics journals. Arguments given in the
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Introduction The impact of Foreign Aid on the growth and development of less Developed Countries (LDCs) is a matter of strategic importance for the policy makers of these countries in framing their future economic programs and strategies. There has been a significant increase in the flow of foreign aid in the developing countries (Figure 1&2).According to Alberto Alesina, foreign aid is determined by political condition, economic needs and policy considerations of recipients. Despite the advancement
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Journal of Advanced Management Science Vol. 2, No. 1, March 2014 The Determinants of Gold Prices in Malaysia Siti Nurulhuda Ibrahim, Nurul Izzat Kamaruddin, and Rahayu Hasan Universiti Teknologi MARA, Bandaraya Melaka, Malaysia Email: {Sitinur304, nrl_izzat, rahayuhasan} @bdrmelaka.uitm.edu.my Abstract—This paper analysed factors that affecting the prices of gold in Malaysia. The study used Multiple Linear Regression Model to determined significant relationship between dependent and independent
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