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A Professor of Economics from the Department of Economics Education of the Faculty of Social Sciences Education of the University of Education, Winneba, has estimated the demand and supply functions for students’ accommodation on campus to be respectively:
10P + 3Q = 60 and
P = Q – 0.5
Further, the professor claims that the average cost of Hostel operators is

If the hostel operators decide to maximize sales revenue instead of profit, show how this will affect consumer’s surplus. What is the producer’s surplus under pure competition at the equilibrium point?
What is the definition for annual average inflation

The forecasting of exchange rates is a tricky process that requires both subjective as

well as analytical inputs. Having said that it is an essential skill for the manager of an

internationally operating firm.There are theoretical methods as well as statistical/analytical

methods to forecast the same. Describe various techniques of forecasting the exchange

rates, as well as, your recommendation on which method would you use in forecasting the forex rate, lets say forecasting Indian rupee per US dollar.


b. Firm A has a Return on Equity (ROE) equal to 24%, while firm B has an ROE of 15% during the same year. Both firms have a total debt ratio (D/V) equal to 0.8. Firm A has an asset turnover ratio of 0.9, while firm B has an asset turnover ratio equal to 0.4. Analyze the information.


Titanic Trucking is hazchem and general goods carrier that provides various options within South Africa.

•describe overview and background of the titanic trucking company. (10 marks)

provide references.


Titanic Trucking is hazchem and general goods carrier that provides various options within South Africa.

1. Describe the company in light of the following:

- What sector do they serve?

- The type of market structure they are operating in.

(15 marks) please provide intext reference as well as references.


Assume a perfectly competitive firm's short-run cost is TC = 100 + 160Q + 3Q2. If the market price is ETB 196, How much should it produce and what should it do for long run production? 


Suppose that a perfectly competitive industry is in long-run equilibrium, and demand increases. Explain the short- and long-run effects on the firm and the industry.


Refer the following information:

Spot Rate of £ = $1.39, 90-day forward rate of £ = $1.47

180-day British Interest Rate = 4%, 180-day US Interest Rate = 3%

Explain how an arbitrageur can design a strategy?


Sports shirts are frequently classified as S, M, L, XL for small, medium, large
and extra-large neck sizes. S fits a neck circumference of less than 37cm, M
fits between 37 and 40.5cm and L fits between 40.5cm and 44cm while XL fits
necks over 44cm in circumference. The neck circumference of adult males has
a normal distribution with
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