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Show, using Shorthand Economic Form, how you would calculate an equivalent uniform annual amount for cash flows of 800, 200 and 700 in years 1 -3 respectively with an annual interest rate, compounded annually, of 8% for year 0 – 1, 10% for year 1-2 and 6% for year 2-3.
Use a diagram to show consumer surplus price of 8.00and production of 6 million meals per day. If price remain at 8.00but production were cut to 3 million meals per day.
The yield of a 1-year bond is 3%, the yield of a 3-year bond is 5%, and the expectation on a 1- year bond sold in two years is 4%.
according to the life-cycle hypothesis what is the typical pattern of saving for an individual over his or her
Explain what could happen in the future with each of these trends below and come up with three(3) more trends not listed and do the same analysis for your three additions.
Recognize similarities and differences among common goods, public goods, private goods, and natural monopolies.
The chair-making industry currently consists of 90 producers, all of whom operate with the identical short-run total cost curve STC(Q)=500+3Q2, where Q is the annual output of a firm. Only $200 of each firm's fixed cost is sunk. The market demand cur..
environmental economics or microeconomics1.describe why alternative efficient allocations may have different total
fiscal policy refers to the changes in governments choices regarding the overall level of government spending and taxes
different products have different price and income elasticities. heart medication for example is price inelastic and
Mention two economic choices you had to make with in last week. Alfred Marshall said in 1890s, "economics is the study of man in ordinary business of life." You must examine one or two of these choices in terms of alternatives you gave up.
suppose the jeans industry is an oligopoly in which each firm sells its own distinctive brand of jeans and each firm
the demand and supply schedules for rice are given in the table.what are the price the marginal cost of producing rice
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