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You deposit $266 per month in a savings account in the Cayman Islands at an nominal annual interest rate of 6.22%. The interest earned is deposited back into the savings account at the end of each month. How much is this account worth after 24 years? Submit your answer to the nearest dollar.
Suppose the demand for honey is given by Q=500-4p. Also, suppose there are 80 honey producers in the market. What is the equilibrium price of honey?
Determine tax that would in a monopolistic market producing socially efficient output. Assuming that no attempt is made to monitor or regulate pollution, which market structure yields higher social welfare. Discuss.
Will price be lower or higher as such an agreement in long-run equilibrium than would be the case if firms didn't collude.
Find the Herfindahl index for an industry composed of (a) three firms- one with 70 percent of the market, and the other tow with 20 and 10 percent of the market
If the government unexpectedly levies a five-cent tax on every gallon sold by gasoline retailers, illustrate what will happen to the representative firm's cost curves.
Suppose that expectation of reducing housing values cause households to decrease their demand for new houses and the financing that accompanies it.
you should show what you want to be measured by analyzing KSAO's from the job description and the information on organizational culture in the case.
Elucidate why an increase in one firm's output tends to deter production by the other.
Shift the curve in the subsequent graph to show the effects of such a training program.
assume equilibrium price in a perfectly competitive market is $100 and within this market, a typical firms total cost curve is summarised. Find expected profit maximizing output.
Provide an example of income effect and substitution effect in regards to supply of labour. Illustrate what is opportunity cost of work in this case
Assume that the central bank refuses to change the interest rate from 10%. In this case, illustrate what is the new level of output. What is the money supply.
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