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The football coach at a midwestern university was given a 5-year employment contract that paid $225,000 the first year, and increased at an 8% uniform rate in each subsequent year. At the end of the first year's football season, the alumni demanded that the coach be fired. The alumni agreed to buy his remaining years on the contract by paying him the equivalent present sum, computed using a 12% interest rate. How much will the coach receive?
Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.
When the? government's outlays equal its tax? revenue, then the budget. When government outlays exceed tax? revenue, the situation is called a budget
Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.3, and a typical gasoline retailer enjoys sales of $2,350,000 annually. What is the price elasticity of demand for a representative gasoline reta..
Need a substantive 2000 word Word Doc comparison of the three methodologies below using at least 3 tables with each table comparing the three methodologies.
Matthew has a contract to sell a piece of real estate to Betty for $35,000. Matthew breaches the contract and decides to keep the property even though the market price is only $31,000. Betty can recover:
The internet has become a major hub for conversations, this has connected all on the web and allows eMarketers to track all conversations that take place and this provides an understanding for all parties. how would you measure the effectiveness of t..
A firm’s marginal cost curve above the average variable cost curve is equal to the firm’s individual supply curve. This means that every time a firm receives a price from the market it will be willing to supply the amount of output where the price eq..
A piece of construction machinery costs $5000 and has an anticipated $1000 salvage value at the end of its five year depreciable life. Compute the depreciation schedule for the machine by: Straight line depreciation;
illustrate the effect of an increase in P2 on the consumption of both x1 and x2. Label income and substitution effects for both goods.
Describe the free trade equilibrium. Then compute and graph the following effects of an import quota that limits imports to 100 bags.
Consumers only consume Diet Coke and Potato Chips. Using indifference curves and budget constraints, graphically and intuitively explain what will happen to consumer’s optimal consumption bundle if there has been an increase in the price of Potato Ch..
If a country's central bank adopts an expansionary monetary policy, which of the following is most likely to be the effect of such as policy, all other factors remaining unchanged? (Please give a brief explanation for your choice.)
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