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How does elasticity of supply affect the loss of economic surplus caused by a price ceiling?
Principles of Microeconomics, Frank, Bernanke, 4th Canadian Edition, Chapter 7, Question 4.
Suppose you have three indivisible assets, A, B and C with internal rates of return 2%, 5% and 10% respectively and initial costs of $1, $4, $5. Suppose you have $8.0 at 1% and can borrow at 8%. What is the incremental cost of funds on asset B?
Illustrate what was the marginal cost of the 251st unit of output.
q.suppose a bank is faced with two types of borrowers - a high risk borrower that should be charged an interest rate of
Your firm is considering the purchase of an old office building with an estimated remaining service life of 25 years.
The current population of the United States is 318.9 million with 3% of the population is engaged in R&D at an eciency rate of 1/500 per million persons per year. If R&D is the only source of total-factor productivity growth what is the growth rate o..
A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $2,700 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a use..
q1. a flat tax plan allows individuals to deduct a standard allowance of 10000 from their wages. assume that the flat
A firm has a short run cost function of c=y^3-10y^2+35y. What is the minimum price at which the firm will supply output?
Share what you see the main themes or issues that were important the writer of at least one of the following feminist works: Be sure to reference the specific elements of at least one of the readings or audio in your response. We’ll follow up as a cl..
Identify the following interest rate statements as either nominal or effective: (a) 1% per month compounded weekly; (b) 0.5% per week compounded weekly; (c) effective 15% per year com- pounded monthly;
Assuming that expectation theory is the correct theory of the term structure, Calculate the interest rates in the term structure for maturities of one to five years, and plot the resulting yield curves for the following paths of one-year interest ra..
Calculate the elasticity for each variable. On this basis, discuss the relative impact that each variable has on the demand. Illustrate what implications do these results have for the firm's marketing and pricing policies.
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