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The purchase of the car that Joe dreams about can be accomplished by making payments of $300 a month for six years, if the first payment is made on February 1,1995, and the last payment is made on January 1,2001. The financing company charges 6% nominal interest rate compounded monthly. Joe wants to be able purchase the car for cash on January 1, 1995, just after he graduates from college. Joe has a job and started making depositing of $275 each month into an account that pays 9% compounded monthly beginning with the first deposit on February 1,1990. The last deposit is to be made on January 1,1995. Will Joe have saved up enough money to purchase the car? If not, how much should Joe be saving each month if all other conditions remain the same?
Suppose a bar has two types of clients: men and women. Suppose the monopolist can only charge one price. What price would he charge? Suppose the monopolist engaged in third degree price discrimination. What prices would he charge?
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are$100. Investment is $600. Find equilibrium GDP
What are the characteristics of perfect competition? Why do restaurants tend to display characteristics of perfect competition and what are the long-run benefits of running a restaurant, considering its place in the perfect competition?
A stranger approaches you in the hospital parking lot and identifies himself as a lawyer who would like to help people and he would like to give you some of his business cards to hand out to patients who are not happy with their medical treatment; he..
q.assume the following data describe the gasoline marketprice per gallon 2.00 2.25 2.50 2.75 3.00 3.25 3.50quantity
assume yn 11600 t0.2 as well as g 2610.a compute the amount of taxes at natural real gdp.b clarify why there is a
Describe the difference between the short run and long run in the example to bringing about more tables for the customers. How is the restaurant able to differentiate between the short run and long run?
Explain how the joint venture can take advantage of the Polish cultural differences to build a stronger organization.
What element(s) would you give as the cause(s) of Colbert’s failure to achieve his master plan for France?
Illustrate what is equilibrium price of box. Is this long-run equilibrium price. Explain how many firms are in this industry when it is in long-run equilibrium.
Who are the stakeholders in this case, and what are their stakes? The ban received approval from the New York City Board of Health, but a state Supreme Court judge subsequently halted it. Mayor Bloomberg vowed to appeal. Irrespective of the legal wra..
Consider a country’s trade off between the production of two ‘goods’: environmental quality (extent to which their environment, including air and waters, are clean), and all other goods. Why is there a trade off? Explain.
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