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What is the future value of a $810 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
If the price in a market happens to be above equilibrium, there will be a ___ in the market, and the price will tend to ____
In a two-period consumption model, a rise in the income of the second period would cause consumption in the first period to:
A motor capable of delivering 200 hp to steel rolling mill drive is being evaluated in a present economy study. The selected motor will only be utilized for one year, and it will have no market value at the end of the year. purchase cost, maintenance..
The average avoidable cost for a fringe firm is AAC(q) = 20/q + 5q . The marginal cost function for a fringe firm is MC = 10q . There are 10 fringe firms. The marginal cost of the dominant firm is 2 and the demand function is Q = 100 − P. What is the..
The widget market is competitive. The market demand is P= 30-0.05Q, while the market for supply is Q= -100+20P. The firms are identical, and a typical firm is known to have an AVCi = 5+0.5Qi with an overhead of 200. Derive the competitive equilibrium..
MERGERS AND PUBLIC POLICY Calculate the Herfindahl-Hirschman Index (HHI) for each of the following industries. Which industry is the most concentrated?
New equipment was just purchased for $750,000. Estimated salvage in 10 years is $50,000. Calculate the depreciation and book value at the end of year 4 for each of the following methods:
Explain the relationship between Actual National Income (Y) and Desired Aggregate Expenditure (AE = C + I) and how this creates equilibrium National Income?
The U.S. money supply (M1) at the beginning of 2000 was $1,148 billion broken down as follows: $523 billion in currency, $8 billion in traveler's checks, and $616 billion in checking deposits. Suppose the Fed decide to reduce the money supply by incr..
For what reasons might economists be interested in segmentation in tourism? Discuss the three methods of segmentation or the tourists' market.
Kim Harris owns and operates a small retail store, selling the outdoor clothing of an American manufacturer to a predominately college-student market. Lately, a large department store outside of town has started selling similar but lower-priced cloth..
Determine where each of following increases, decreases, or remains unchanged in short run: market interest rate, quantity of money demanded, investment spending, aggregate demand, potential output, price level and equilibrium real GDP.
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