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Jonathan wanted to make a quarterly deposit so that at the end of 10 years he will have $10,000 for a new BMW 1600 cc bike. If the account earns 6% annual interests, compounded quarterly, how much should Jonathan deposit each quarter?
illustrate what is the largest cardholder fee that Tuan will pay. the long run a perfectly competitive firm experiences economic profit and new firms will enter the market.
If you have been marketing Girls Scout Cookies for a local Girl Scout Troop for the last three years, explain what kind of forecasting tools you would use, and why, to determine your sales targets for this year.
To reduce her personal carbon footprint, Zooey is buying a new hybrid. She has negotiated a price of $21,900 and will trade in her old car for $2350. She will put another $850 with it and borrow the remainder at 6% interest compounded monthly for 4 y..
Why does the Federal Reserve expand and contract the money supply? What are the four ways the Federal Reserve accomplish this task? How do each of the methods accomplish the intentions of the Fed? Which method(s) is most important/desirable? Which me..
Research the concept of an open economy. Now consider the United States' current economic situation. Share your overall opinion of the subject and if you believe the U.S. economy has benefited or suffered (or both).
Explain what would the cross-wage elasticity between teenagers and adults have a positive or negative sign.
The demand for a product is given by P = 350 − 2Q and the supply is P = 30 + 4Q. What is the increase in the tax rate needed to reduce the quantity transacted on the market by two units? How about if we want to reduce quantity by 5 units?
Developed produces two goods, manufactures and food, using three factors of production: capital, land and labor. The production of manufactures requires capital and labor, while the production of food uses land and labor. All the arable land is in th..
q1. jeremy derives all of his utility from consuming milk shakes he devotes hi entire 20 allowance to milk shakes each
Which of the following would eliminate scarcity as an economic problem? Moderation of people’s competitive instincts. Discovery of large new energy reserves. Resumption of steady productivity growth. None of the above because scarcity cannot be elim..
Wilderness Adventures has earnings per share of $2.45 and dividends per share of $1.05. The total equity of the firm is $850,000. There are 40000n shares of stocks outstanding. What is the sustainable rate of growth?
Suppose a firm is making its location decision and acting in the same manner as firms in the Weber Model. The firm takes three inputs and produces a single output. This output costs $5/unit to transport. To produce one unit of output, the firm uses t..
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