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Suppose that you are a borrower with a project that has a rate of return of 6.8%. You submit a bid to borrow $1,000 at an interest rate of 5%, and a lender accepts your offer. After you fund your project and pay back your loan, what is your gain or loss?
If we had efficiency in the duopoly, what would the market quantity and price be? How does this compare to your answer?
Sketch the monopolistically competitive firm's demand curve by plotting one point on the horizontal axis and a second point on the vertical axis.
explain why a $100 billion increase in govermant purchases of goods and services will lead to a large increase in aggregate deamnd than a $100 billion decrease in taxes?
Some methods of initial assessment appear to be more useful than others. If you were starting your own business, which initial assessment methods would you use and why? Keep in mind the necessity of being able to measure assessments.
Elucidate how principles of economics affect decision-making, interaction and workings of economy as a whole.
If technological change shifts the long-run aggregate-supply curve to the right, it will also do which of the following?
q. firms like papa johns pizza hut as well as dominos sell pizza and other products that are differentiated in nature.
Consider a market demand curve that can be expressed as P = 4,500 - 20Q. There is one dominant firm, BostonSci Co., in the market characterized by a total cost function C = 300Q.dominant so MC = AC = 300. For simplicity, assume there are no fixed cos..
The widget Industry in Any town is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given.
claimed that the accumulation of wealth by capitalists was a small price to pay for the economic expansion from which all Americans benefited.
A project has an initial cost of $140,000 and an estimated salvage value after 16years of$80,000. Estimated average annual receipts are $26,000. Estimated average annual disbursements are $16,000. Assuming that annual receipts and disbursement will b..
What is crowding out? Can it hurt private industry? What else can occur that might cause private industry great problems?
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