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George and KC have been working jobs that pay $20,000 and $30,000/year, respectively. They are trying to decide whether to quit their jobs and jointly open up a taco stand on the beach, which they estimate can earn $60,000/ year. How will the taco stand proceeds be split?
a. They won't quit their jobs
b. George gets $25,000, and KC gets $35,000.
c. George gets $30,000, and KC gets $30,000.
d. George gets $35,000, and KC gets $25,000.
Select at least 5 sales items, and evaluate the price elasticity of demand for each item
According to the Wall Street Journal, merger and acquisition activity in the first quarter of 2004 rose to $5.3 billion - an investment level not seen since the second quarter of 2001. Approximately three-fourths of the 78 first-quarter deals occu..
bobby lives in new york and runs a buisness that sells pianos. in an average year he recieves 800000 from sales on
Why do newspapers often support subsidies for professional sport facilities?
a) Fill in the missing items in the following table. I would suggest you complete the table, cut it out, and paste it (either electronically or physically) into your sheet you turn in. b) Find the profit maximizing quantity and profit for firm in ..
Casper consumes cocoa and cheese. Cocoa is sold in an unusual way. There is only one supplier, and the more cocoa you buy from him, the higher the price you have to pay per unit. In fact y units of cocoa will cost Casper y2 dollars. Cheese is sold..
One year ago, you bought a bond for $10,000. You received interest of $400 at the end of the year, as well as your $10,000 principal. If the inflation rate over the last year was five percent, calculate the real return.
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Mary DeFontes bought a computer and a service contract from Dell Computers Corp. DeFontes was charged $950.51, of which $13.51 was identified on the invoice as "tax." This amount was paid to the state of Rhode Island.
What are teh amin advantages of probit and logit models over linear probability models (LPM)?
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