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Bank North advertises, "We pay 6.5%, compounded daily." Bank South advertises, "We pay 6.5%, compounded continuously." If you deposit $10,000 with Bank South for one year, how much additional interest will you receive?
the demand for its product comes from two types of customers, I and II. Each type I customer (there are 25 of them) has a demand curve given by Q=12-P, while each type II customer (there are 30 of them) has a demand curve given by Q=9-P.
Is demand elastic or inelastic in the $4-$6 price range How do you know (b.) If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 100 units to 300 units
a price change causes the quantity demanded of a good to decrease by 30percent , while the total revenue of that good increases by 15 percent . is the demand curve elastic or inelastic explain.
A sheet of silicon contains 100 microprocessors all of which are the same size and type. The production process generates 20 imperfections on each sheet. 1) What is the probability that a microprocessor will have 0 imperfections
compute the standard error of estimate and the standard error of the coefficient for the following data set: X = 95, 85, 80, 70, 60 and Y = 85, 95, 70, 65, 70. Lastly, set up and perform the hypothesis test to determine if a student's aptitude sco..
What were the aggregate supply shocks to the American economy during the 1970s and early 1980s How did these shocks affect interpretation of the Phillips Curve What are the characteristics of the long-run Phillips Curve
If you receive a request for proposal (RFP) on a project for four units, what is your break-even price Suppose that if you get the contract, you estimate that you can win another project for two more units. Now what is your break-even price for th..
A group of enterprising engineering students has developed a process for extracting combustible methane gas from cow manure (don't worry the exhaust is odorless). With a specially adapted internal combustion engine, the students claim that an auto..
Suppose a supply increase causes the equilibrium to shift from the one above so that the equilibrium quantity changes from that in the diagram to an equilibrium quantity of 200. What is the elasticity of demand along the above demand curve
To fund its wars against Napoleon, the British government sold console bonds. There were referred to as "perpetuities" because they would pay 3 every year in perpetuity (forever). If a citizen could purchase a console for 25, what would its annual..
A perfectly competitive market is in long-run equilibrium. At present there are 100 identical firms each producing 5,000 units of output. The prevailing market price is $20. Assume that each firm faces increasing marginal cost.
an event you believe to have a 60 percent probability; otherwise the shares pay a zero return. Shares of Elephant Inc will pay 8 percent if the Republicans are elected (a 40 percent probability), zero otherwise. Either the Democrats or the Republi..
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