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A firm is considering building a two-way network that links 11 users. The cost of building the network is $8,000.
a. How many potential connection services does this network provide?
b. If each user is willing to pay $150 to connect to the network, will the firm profit by building the network?
c. If each user is willing to pay an average of $8 for each potential connection service provided by the network, will the firm profit by building the network?
d. What is the increase in the number of potential connection services if one additional user joins the network?
Some time ago an executive of a Broadcasting company argued before a congressional committee that they should make a law rating TV shows for violence content. He said that children are damaged and violence must be curbed.
The International Monetary Fund IMF supply assistance to nation experiencing economic woes.
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In Keynes’s analysis of the speculative demand for money, what will happen to money demand if people suddenly decide that the normal level of the interest rate has declined? Why?
1. suppose a country that is initially at a steady-state level of capital per-worker introduces a successful
Suppose your average unpaid balance is $1000 each month and your credit card's interest rate is 18 percent. What should be your total interest expense for the years?
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