# BUS 640 NEW ASH Courses / bus640dotcom

## BUS 640 NEW ASH Courses / bus640dotcom

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• Date Submitted: 11/05/2014 3:53 AM
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BUS 640 Week 1 Economics of Risk and Uncertainty Applied Problems (New)

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BUS640 week 1 Assignment
Problem 1:
A generous university benefactor has agreed to donate a large amount of money for student scholarships. The money can be provided in one lump sum of \$12 million in Year 0 (the current year), or in parts, in which \$7 million can be provided at the end of Year 1, and another \$7 million can be provided at the end of Year 2.

Describe your answer for each item below in complete sentences, whenever it is necessary. Show all of your calculations and processes for the following points:

Assuming the opportunity interest rate is 8%, what is the present value of the second alternative mentioned above? Which of t

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BUS 640 Week 2 Consumer Demand Analysis and Estimation Applied Problems (New)

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1 Which of the two options should Patricia pursue if she wants to open a restaurant in a suburban area of Los Angeles? Calculate the total expected utility from each restaurant option and compare. Graph is not required. Describe your answer, and show your calculations.
2 Which of the two options should she pick if she plans to open a restaurant in the Los Angeles metropolitan area? Describe your answer, and show your calculations

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BUS 640 Week 3 Production Cost Analysis and Estimation Applied Problems (New)

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2 What number of workers appears to be most efficient in terms of pizza product per worker?
3 What number of workers appears to minimize the marginal cost of pizza production assuming that each pizza worker is paid \$500 per week?
4 Why would marginal productivity decline when you hire more workers in the short run after a...