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The principle of opportunity cost is that
A. in a market economy, taking advantage of profitable opportunities involves some money cost.
B. taking advantage of investment opportunities involves costs.
C. the cost of production varies depending on the opportunity for technological application.
D. the economic cost of using a factor of production is the alternative use of that factor that is given up.
We use percent-changes in the formula for estimating the price elasticity of demand coefficient in order to:
why would china want its own currency to be undervalued relative to the u.s. dollar? how does china maintain an
Illustrate what marketplace structure did you assume. Would your answers in b change if the marketplace for sewing machines were competitive.
Illustrate how much will they have accumulated principal plus interest when they reach 65 years old. What is the moral of this situation.
An engineering company requested that $500000 be spent on software and hardware to improve the efficiency of some control systems.
Using present value analysis math, discuss the cost and benefit of paying for 4 years of college. Make any assumptions you want about the market interest rates. Use math and discuss. Is going to college worth it?
What other variables should be considered when determining what is reasonable in terms of maintenance expense
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
The company depreciates its assets on a straight-line basis and has a marginal tax rate of 40 percent. The firm's cost of capital is 14 percent. Based on the internal rate of return criterion, should this machine be purchased?
There are two gravel suppliers in the Davis area, Hibbert (H) and Davis Lumber (D). They are engaged in Cournot competition, and face the same inverse demand curve for gravel, given by P = 60 - 5Q, where P is in dollars per cubic yard (yard, for shor..
If the banking system has a required reserve ratio of 25%, then the money multiplier is. If Bank A receives a $20,000 deposit and the reserve requirement is 25%, how much does Bank A have available to loan out?
How much Wyandotte have to decrease the price of polyol to attain a 15% increase in the quantity sold.
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