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Please show your working-A person borrows $200 from a payday loan company, and pays $10 interest for two weeks. This would result in an annual interest rate of approximately ___ percent. Ignore compounding.
Assume the market for home pest control services (spraying to kill unwanted bugs and creepy crawlies around the exterior of your home) is perfectly competitive and is currently in equilibrium.
a) Calculate the uncompensated (Marshallian) demand functions for x and y and describe how the demand curves for x and y are shifted by changes in income or the price of the other good. Show all working. b) Calculate the expenditure function for x..
The country of Cheapland currently has a national health insurance system that reimburses citizens for 90% of all heath care costs incurred. Cheapland's government is considering a policy change that would provide medical care providers
What does a positive correlation of supply and demand mean in a demand curve?
A bus driver records the time (in minutes) it takes to commute to school for 6 days. These results are: 25, 22, 17, 20, 15, 10. Assuming the population is normally distributed, develop a 90% confidence interval for the population mean. What is the ..
Enrique is considering a trip around the world in three years. He will sell all of his possessions at that to fund trip. Two years ago, he bought a used car for $12,500.
1) Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan. 2) Discuss how government policies can influence economic growth.
Why is a high level of subsistence agriculture a characteristic of less developed countries. It shows that the country uses less energy or else.
How does this operating objective change the size of the deadweight loss. If you are a "benevolent" manager of a monopoly firm and are interested in reducing the deadweight loss of monopoly, should you maximize profits or maximize revenue.
On December 29, the cost of a skiing trip to Finse, Norway, was 6,500 krone. Two weeks later, the American dollar appreciated against the Norwegian krone. If the price of the trip in Norway remains the same: A)an American skier living in Florida will..
Determine the rate at which Mitsubishi can rent capital and the marginal productivity of labor at its new targeted level of output. To minimize costs Mitsubishi should hire capital and labor until the marginal rate of technical substitution reache..
Discuss the logic of a company setting and exercising the application of a mandatory retirement age and determine the pros and cons of the mandatory retirement practice from the perspective of the organization, economy, individual, or Nation?
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