Au. s. firm holds an asset in great britain and faces the following scenario: state 1 state 2 state 3 probability 25% 50% 25% spot rate ($/pound) 2.2 2.0 1.80 asset value (p* in pound) 2000 2500 3000 asset value (p in $) 4400 5000 5400 where, p* = pound sterling price of the asset held by the u. s. firm p =dollar price of the same asset the variance of the exchange rate a. 0.02 b. 0.10 c. 0.01 d. none of the above

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases. b. the marginal cost of going to ft. lauderdale decreases. c. the marginal benefit of going to cancun increases. d. the marginal benefit of going to ft. lauderdale decreases.