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According to the equation of exchange, if total output is 2,000 units, the velocity of money is 5, and the money supply is $1,000, the average price per transaction will be a. $0.50 b. $2.50 c. $5.00 d. $7.50
Who were the stakeholders primary also secondary most affected by Google's original decision to self-censor in China.
For the production of the type Q = 2K + L with wage rate w = $1 and price of capital (rental rate) v = 1, the expansion path is K axis. Do you agree? If any firm experiences increasing returns to scale in a perfectly competitive industry then the ind..
If a physician has ownership in a surgery center why shouldn't he be able to do surgery? Why is this against the law?
"Loans are just like used cars. If you see an ad in the paper for a used car, you have to wonder, why is the owner selling it? Maybe there is something wrong with the care that is hard to see. As a result, when you approach the seller, you will want ..
A multi concept restaurant incorporates two or more restaurants, typically chains, under one roof. Sharing facilities reduces costs of both real estate and labor. The multi concept restaurants typically offer a limited menu, compared with full-sized,..
What probability of discovery would make the driller indifferent between drilling and not drilling and what is the expected value of perfect information on reserves?
A production function establishes the relationship between: Which of the following inputs can be changed in the short run? Which of the following statements is true of the long run?
Brazil is the world's largest coffee producer. There was a severe drought in Brazil in 2013-2014 that damaged Brazil's coffee crop. The price of coffee beans doubled during the first three months of 2014. Draw and discuss a supply and demand diagram ..
As the name monopolistic competition implies, a firms decision in this setting will in certain ways resemble _____________ and in other ways resemble___________?
explain how many car companies will buy a new car assembly machine. Interest payments are made once a year.
The private and social marginal cost (MC) of producing squibs is MC = 2.5 + 0.0375Q, where Q is quantity of squibs in thousands of cases per month, and MC is measured in dollars per case. The market is competitive and firms would supply at marginal c..
The Apple company issues a coupon bond with the face value $1000, the coupon rate 7% and the maturity 10 years. If the interest rate is assumed to be fixed at 8%, what is the present value of the bond? Instead, people expect that the interest rate wi..
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