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It is estimated that the maintenance cost on a new car will be 400 the first year. Each subsequent year, this cost is expected to increase by 100. How much would you need to set aside when you bought a new car to pay all future maintenance costs if you planned to keep the vehicle for 7 years? Assume interest is 5% per annum.
The demand for lumber, like that for carpenters, is a derived demand-derived from lumber demand in its many uses, particularly housing. When the demand for new housing increases, so does the demand for lumber. For example, as the U.S. economy reco..
You have learned that a subsidy is preferable to a tariff if the objective is to generate a given amount of employment in an individual industry. Explain this point in language understandable to someone untrained in economics.If you were an import..
Many Chinese organizations ignore the market system
veronica has saved 5000 that will be a down payment on a new car that can be purchased for 38000.athe loan to finance
Further understand the economic way of thinking and the accounting implications and give you an incentive to think critically about course information.
Presume that the required reserve ratio is 8.0%. What is the simple money (deposit) multiplier? Round to two decimal places.
some financial intisutions may take action to remain profitable because of the lower interest rates. Obviously when the interest rates are lower, companies tend to lose money, because it is cheaper for consumers to pay back loans. Financial stabil..
create a presentation of 8-10 slides in the form of a proposal discussing the benefits of strategic capacity planning
Suppose that instead of maximizing profit, the firm wants to maximize total revenue. Using algebra determine the optimal output, price, profit and revenue for the firm.
A long-run supply curve is flatter than a short-run supply curve because firms can enter and exit a market more easily in the long run than in the short run is it true or false.
If the supply curve shifts to the right and the demand curve shifts to the right by an equal amount proportionately, what will happen to equilibrium price?
A Monopolist. is constrained by a downward-sloping demand curve. has no incentive to worry about the quality of its product.
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