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Suppose that you deposit a certain amount of money in a savings account with interest rate of 2% per year.
a. How long will it take for your money to double? Show your calculations. You are not allowed to use any approximation formulas, such as the "rule of 70". Round your answer to 5 decimal places.
b. Calculate the approximate doubling time using the "rule of 70".
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development What condition would encourage research and development in competitive..
If you buy a new car the entire purchase is counted as consumption in the year in which you make the transaction. Explain briefly why this is in some sense an 'error' in national income accounting.
suppose the market for hdtvs in the usa can be expressed by the following demand and supply equationsqd 7500 - 2400pqs
• Identify an industry that the Internet has transformed or destroyed. • Then think of a new industry that the Internet has created. • What are the reasons behind the changes
If you hold shares in a corporation and management decides to plow back the company's earnings some year instead of paying dividends, what are the advantages and disadvantages to you
Explain how the break-even quantities and operating leverages are affected by the relationships between fixed and variable costs.
Prepare a brief paper defining direct and indirect channels of distribution. Discuss what are the key advantages and disadvantages of each channel for your company?
Your supervisor has asked you to compute the elasticities for each independent variable - Compute the elasticities for each independent variable.
Where x is measured on the horizontal axis and y is on the vertical axis. How would you figure out what the indifference curve consists of?
Constrained optimisation model
in 1989 the detroit free pressand detroit daily newsthe only daily newspapers in the city obtained permission to merge
Ageless Corporation has a patent for a new promising age defying moisturizer cream. The yearly demand, marginal revenue, and marginal cost functions for this cream is given:
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