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Presume you buy a share of stock for $20 and sell it for 40. Then your profit is $20. If that happens within a year, your rate of return is an impressive 100%. If it takes 6 years, what would be the average annual rate of return on your investment?
Becky really likes Macaroni Grill but can only afford to eat out 4 times a year.So calculate for restaurants the income elasticity of demand?
the maker of a leading brand of low-calorie microwavable food estimated the following demand equation for its product
Discuss the effect (increase or decrease) of an increase in the tax rate, t, on the equilibrium income Y* using the effect of increasing t on the equilibrium solution.
What are the fixed costs for firm and how much will Beaver Forestry Corporation produce - what is the shape of the cost curve in this case?
one hundred compressors of 200 h.p. rating are being considered for purchase by the state highway department. the
Cool-Aire Corporation manufactures a line of room air conditioners. Its break-even sales level is 33,000 units. Sales are approximately normally distributed. Expected sales next year are 40,000 units with a standard deviation of 4,000 units.
question 1 suppose the expected market demand for tickets to the australian open golf tournament to be held in
johnny rockabilly has just finished recording his latest cd. his record companys marketing department determines that
explain how foreign exchange rates are determined. how do changes in interest rates inflation productivity and income
Suppose that the market for gnomes is yet to reach equilibrium, and that the current price and quantity in the market for gnomes.
Find the equilibrium price and quantity traded and illustrate the equilibrium on a diagram (assuming there are no taxes or subsidies, and the notation is the same as that in question 2).
While sitting in your office one evening, you start to think about some of the key microeconomic messages you wish to communicate to the Board.
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