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Companies frequently borrow money under anarrangement that requires them to make periodicpayments of "interest only"and then pay the prin-cipal all at once. If Cisco International borrowed$500,000 (identified as loan A) at 10% per yearsimple interest and another $500,000 (identified asloan B) at 10% per year compound interest andpaid.only the interest at the end of each year for3years on both loans,
a) on which loan did thecompany pay more interest,and
b) what was thedifference in interest paid between the two loans
Suppose that a firm in a perfectly competitive industry has the following total cost schedule; Compute a marginal cost and an average cost schedule for the firm.
Explain what are the factors you identified similar or dissimilar for the embezzlement and burglary plots.
Explain why do economists include only final goods in measuring GDP for a particular year and why dont they include the value of stocks and bonds sold?
The demand curve for French plutonium shifts outward, at about the same time as the appearance of the foreign-exchange dollars. Illustrate what happens to the demand for French Francs.
Prior to 1999, PepsiCo did not have a product that competed directly against Sprite and had to decide whether to introduce such a soft drink. By not introducing a lemon-lime soft drink, PepsiCo would continue to earn a $200 million profit, and Coc..
American Mining Company is interested in obtaining quick estimates of the supply and demand curves for coal.
Illustrate economic evidence is required to determine whether there are long-run increasing returns to scale in banking.
Illustrate what was the industry's method for determining that there was an inequality.
True/False: For each of the following concepts, decide whether it's true or false, and briefly explain why (2-3 sentences). You can also use diagrams if they are helpful. Each correct answer is worth.
What is the marginal propensity to consume in Freedonia, and what is the marginal propensity to save?
Assume the normal production process for beet sugar uses high-sulfur oil for fuel and releases 2 units of sulfur dioxide to the air for every ton of beet sugar produced.
For each level of output, calculate this manufacturer's marginal cost (MC) (For convenience, place the Marginal Cost between 0 and 1 boat on the second row, the Marginal Cost between 1 and 2 boats on the third row, and so on)
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