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A project is being considered that will cost $17000. Expected returns are $3000 at the end of the years 1 and 2, and $X at the end of years 3 and 4,$3000 at the end of the years 5 and 6,$X at the end of the years 7 and 8, with this pattern repeating itself forever. If the company wants to earn15% on its money, what is the required value of X?
Estimate cost elasticity of demand for education at this university. Is cost elasticity of demand for university tuition elastic or inelastic according to answer in part (i) Why.
Economists usually do not favor subsidies on specific products or in-kind payments to help low income people.
A local dentist read an article published by the American Dental Association estimating that the elasticity of demand for the representative dentist's services is -2.5. How much should the dentist mark up her price over marginal cost?
Provide three examples of scarcity that illustrate why even the 1,210 billionaires in the world face scarcity. 2. Label each entry in List 1 as dealing with a microeconomic topic or a macroeconomic topic. Explain your answer. Use the following inform..
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Elucidate how these problems are int..
Explain how would you show this with a simple supply and demand diagram. If this firm was monopolistically competitive with a "u-shaped" cost structure, how would you show the results of this firm's attempt to increase its profits.
Should the Miami plant be closed or continue to operate at a loss in the short run? How would you explain to the incorrect party that he is wrong?
how does development of personal computer hardware and software reversed some of the trends brought on by the industrial revolution.
A monopoly has two production plants with cost functions C1 = 40 + 0.2Q12 and C2 = 50 + 0.1Q22. The demand it faces is Q = 480 ? 5P. What is the profit-maximizing price?
question 1explain and illustrate with diagrams the differences between diminishing marginal returns and decreasing
As per the mathematical laws that govern the relationship between average total cost and marginal cost, where must these two curves intersect.
You should recommend that the project be rejected because, although its NPV is positive, its MIRR is less than the WACC, and that indicates that the firm's value will decline if it is accepted.
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