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You have just entered an MBA program and have decided to pay for your living expenses using a credit card that has no minimum monthly payment. You intend to charge $1000 per month on the card for the next 21 months. The card carries a monthly interest rate of 1%. How much money will you owe on the card 22 months from now, when you receive your first statement post-graduation?
Use the following supply and demand functions to answer the questions below:
In benchmarking sales representatives against one another, what problems arise from continuing to reassign the above-average trade representatives to previously unproductive sales territories?
Assume that 3-firms which produce a homogeneous output will compete by choosing prices and the market price P is the minimum of the 3-prices that are chosen.
Calculate the 4 firm Oligopoly concentration ratio using the following numbers: Total Industry Sales = $1,000,000
Are you agree or disagree- Describe your answer with economic principles and the reasons why.
Talk to a current economic situation happening within the foreign country referencing your Economist Article. What is the foreign exchange rate in comparison to the U.S.? What trade agreements, if any, is this a country a party of
What would be the net marginal revenue of the marketing division of the firm for the pocket calculators? At what price should the calculators be sold on the external market?
Explain how might a high school student's experience with inflation differ from an employed urban adult.
Assume that at current consumption levels an individual marginal utility of consuming an extra hot dog is ten whereas the marginal utility of consuming an extra soft drink is 4.
Illustrate what is the demand and supply for labor in the unionized sector. Any surplus migrates to the uncovered sector. What is the new equilibrium wage and labor utilization in that sector.
Calculate GDP and the country's gross national expenditure using the expenditure approach and derive the country's gross national product (GNP)
If you could identify which the group to that each consumer belong to explain how would you go about setting prices.
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