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Your employer has anticipated needing $60,000 in 2.5 years to finance the purchase of a new machine. IF they aniticipate making a single lump sum investment today into a saving account that will return12% interest compounded continuously, how much money do they need to invest?
Explain why monopolistically competitive firms frequently prefer nonprice competition to price competition.
Suppose that there are two markets, given by the following demand curves, q1(p1) and q2(p2); and a monopolist with cost function c(q1; q2). Set up the monopolist's profit maximizing problem if it charges a uniform price in both markets.
Should one distinguish between economist’s descriptive statements, propositions, and predictions about the world, and their statements about what policies should be adopted?
q.suppose that a professor p has recruited a teaching assistant mr. a. professor p needs to increase her payoff
Suppose that inverse demand is given by D(Q) = 56 − 2Q, Q = q1 + q2 and the cost function is TC(qi ) = 20qi + f Find the Stackelberg equilibrium and compare it to the Cournot equilibrium. 6. Demand and costs are as given in the preceding question. (a..
the general agreement on tariffs and trade is an international agreement. assume the US government wants to hold the value of the dollar at $1=10 chinese yuan, but it finds that the value of yuam is depreciating against the US dollar. what would be a..
Using a supply-demand diagram, show a labor market with a binding minimum wage. Now, use the diagram to show those who are helped by the minimum wage, and those who are hurt by the minimum wage.
How much time will an e client deer spend in each patch when re are n deer. Min. Avg. Cost Sincere is free entry into deer business, equilibrium population is maximum number of efficient deer who can survive.
For what proportion of these corporations the rate of return negative? For what proportion of these corporation was the rate of return between 5% and 15%?
RealTurf is considering purchasing an automatic sprinkler system for its sod farm by borrowing the entire $35,000 purchase price. The loan would be repaid with four equal annual payments at an interest rate of 12%/year. It is anticipated that the spr..
Elucidate the marginal cost of a string. Compute marginal revenue and marginal cost for each quantity.
Evaluate why only the convexity of preference relation cannot guarantee that the indifference curve is strictly convex to the origin.
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