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Determine the balance at the end of year 5 if a new account is opened with $500 and periodic payments of $200 are deposited into it for the 5 years. The account has a 5% NAR with the following conditions.
a. Payments (deposits) and compounding are made annually.
b. Payments (deposits) and compounding are made quarterly
c. Payments (deposits) and compounding are made monthly
d. Payments (deposits) and compounding are made weekly.
Discuss how supply and demand would be affected under each of the four degrees of competition (pure competition, monopolistic competition, oligopoly, and monopoly). Give specific examples to support your response.
Why is a point below the production possibilities curve less efficient than a point on that curve?
Illustrate what would happen to the profits CPI makes via their toothpaste division.
Elucidate what is the best form of business organization to select based on various considerations, including taxes, liability, capital contributions, sharing of profits adn losses, management and control, and survivorship
Why is the price elasticity of demand a relative measure? That is, why is elasticity measured in percentage terms rather than absolute terms?
On the grounds of economic efficiency, do you think such a proposal to raise taxes on gun and ammunition sales worthy of attention? Discuss in terms of appropriate economic models
How low does the market price have to be for the firm to take a loss in the short-run? How low does the market price have to be for the firm to be better off shutting down in the short-run?
If there is an autonomous increase in spending (a rightward shift in the aggregate demand curve) and the Fed wishes to hold real income constant, then the Fed would:
Ben Laden is considering an attempt to differentiate his product from several other competitors by using high quality natural herb dyes.
Explain how “Black Markets” impact economic actives: Please explain in detail and use a supply and demand graph for your examples
President says that wages probably should be cut so that workers could not afford to miss so much work. Evaluate two views utilizing income and substitution effects in your analysis.
Explain price elasticity, income elasticity and cross elasticity of demand. Assess relevance of price elasticity of demand, income elasticity of demand and cross elasticity of demand to a magazine publisher.
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