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Compute the rate of return for a project that has an initial cost of $42,000 and would provide positive cash flows of $7,000 the first year, $8,000 the second year, $9,000 the third year, $10,000 the fourth year, $11,000 the fifth year, and $12,000 the sixth year.
The Eurozone has some countries with severe debt problems: Portugal, Ireland, Italy, Greece and Spain ... sometimes known as PIIGS. These Euro countries are looking for and have been assured of a "bail-out" process so that no one defaults on their de..
Does a real externality exist? Or is it just a peculiar externality? If a real external- ity exists, argue which of the government’s tools are best suited to address the issue: taxes/subsidies, cap-and-trade, or something else.
A unit circle representing the dimension of ”mouth feel” in breakfast cereals has 200 con- sumers spread uniformly along it. All consumers buy either one package of cereal a week or none at all (in which case they eat bread) and incur disutility c = ..
An important reason for the economic regulation of industry is the presence of a natural monopoly. A. Briefly explain what is meant by a natural monopoly. B. How is a natural monopoly efficient in one way but inefficient in another? C. Discuss two wa..
Suppose that a firm has "pricing power" and can segregate its market into two distinct groups based on differences in elasticities of demand.
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers, who make $12 million in withdrawals from other banks’ ATM machines. On average, noncust..
In perfect competition if firms produce where P=MC they ensure ________ because the social benefits of production as measured by the price that people are willing to pay, are in balance with the ________ to society of that production.
Elucidate why might an economist be skeptical of Billy's discrimination complaint. Billy works for the local piano-moving company part-time after school.
The report on the mini literature review (3 journal articles) will be assessed on how well the journal articles are integrated, analysed, discussed and leading to the research questions_that you will use in the interview. A literature review is n..
A. What strategies can you use to ensure ease of reading in your emails and other digital communications? B. What strategies can you use to show respect for the time of others? C. Explain the neutrality effect and negativity effect in digital communi..
How should a monopsonist decide how much of a product to buy? Will it buy more or less than a competitive buyer? Explain briefly.
illustrate what is cost of each combination. Illustrate what is minimum-cost combination. Plot iso-cost curves and isoquant, explain how cost-minimizing combination.
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