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The single sum present value and single sum future value are time value of money computations. What is the relationship between the interest rate and the future value? Provide an example.
Economists discuss that there is an efficient amount of pollution abatement. Why is the efficient amount of abatement unlikely to be either zero or 100 percent?
What would happen to the position of the demand curve for dental services if patients had to wait even longer for an appointment with a dentist.
What is the angle (assumed to be less than 90º)between the wrench handle and the direction of the applied force?
Pick an entertainer or well know celebrity (sports – Music – Movies). Find out their income and net worth. Pick a fortune 1000 company executive of a manufacturing firm. Contrast their incomes and net worth and contribution to GDP, exports, employmen..
Explain how the market will respond to the new product. If demand is high, then it's worthwhile to make the extra investment for special facilities also equipment needed to produce the component internally.
Suppose that Tamara and Vicki are both in the public eye. They get offers to sell secrets of the other to tabloids. If both keep the secrets, they are both better off than if they get exposed. If only one is exposed, the other person is better off th..
Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of demand between good X and Y is -5. Determine how much the consumption of this good will change if:
Maximizing the Profit? Margin? According to the marginal? principle, the firm should choose the quantity of output at which price equals marginal cost.
Was Balagny Clothing Company better off keeping its operations within the US? Why more manufacturing companies are beginning to relocate to the US after enjoying the benefits of outsourcing to low labor cost countries? What are the determinants of pr..
Do vending machines conserve on any possessions other than labor. Does your answer offer any additional insight into the widespread utilize of vending machines in Japan.
Workers in the country of Andalia can produce either 10 tons of cheese or 20 tons of yogurt using a certain quantity of resources. With this same quantity of resources, workers in the country of Barragon can produce either 6 tons of cheese or 18 tons..
The money supply in $1 trillion, the price level equals 2, and real GDP is $5 trillion in base-year dollars. What is the income velocity of money?
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