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A sum of $25,000 is deposited into a savings account, which pays a yearly nominal 8% interest compounded semi annually. Equal annual withdrawals are to be made from the account, beginning 1 year from now and continuing forever. The maximum amount that can be withdrawn at the end of each year is approximately equal to
A) $2,250
B) $2,300
C) $2,040
D) $2,000
For a monopoly, the level of output at which marginal revenue equals zero is also the level of output at which
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =9.64 %, Annual cash flow increases 29% each year, The first year value is $65 and the series is 9 yrs long.
why do points on a utility possibility curve represent efficient allocations of resources? why must the utility
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Explain with graph what happens to aggregate demand curve, and/or aggregate supply curve for the following situations: Consumers expect the price of the good to rise in the future.
Which of the following best describes economies of scope?
q.midcontinent plastics makes 80 fiberglass truck hoods every day for large truck manufacturers. each hood sells for
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Briefly describe a product or service you use every day and suggest a better approach to advertising that product/service than is currently being used. Explain your rationale.
q1. what is the adam smith statement about invisible has well as by m. parkin book micro economics?q2. why is it
q1. 1. herzberg concluded that pay was not a motivator. if you were paid to get better grades would you be motivated to
explain how the short-run phillips curve the long-run phillips curve the short-run aggregate supply curve the long-run
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