(a) Consider a firm which produces baseball bats using wood and workers. On a graph with capital (wood) on the vertical axis and labor (workers) on the horizontal axis, draw an isoquant and isocost line such that the firm is minimizing the total cost of producing Qi baseball bats. Let this initial point be profit-maximizing. (b) Suppose forest fires cause the price of wood to rise. Trace the effects of this change on the firm's optimal combination of inputs. Will they now produce more or less than Qi bats? Why?
Amanda has been tutoring Questrom students and decided that she loves teaching finance so much that she is taking a job tutoring Questrom students after she graduates. She negotiates a contract with Questrom to be paid $20,000 at the beginning of each year for the next 10 years. What is the value of this contract the day she receives the first payment? Assume an interest rate of 7%.
This summer we have been taking the truck to different local community events. This involves a great deal of driving every day, but sometimes they are not well attended. should we look at other options? Which of the 4 Ps does Silas think they need to to change?1. Product 2. Promotion 3. Price 4. Place
Since the 2008 credit crisis 1) LIBOR has replaced OIS as the discount rate for non-collateralized swaps 2) OIS has replaced LIBOR as the discount rate, but only for non-collateralized swaps 3) LIBOR has replaced OIS as the discount rate for collateralized swaps 4) OIS has replaced LIBOR as the discount rate for swaps
An investor opens a new account and wants to invest in a number of assets. each asset begins with a balance of o, and its value is stored in an array using 1-based indexing. periodically, a contribution is received and equal investments are made in a subset of the portfolio. each contribution will be given by investment amount, start index, end index. each investment in that range will receive the contribution amount. determine the maximum amount invested in any one investment after all contributions.