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Solve the following time-distance-velocity problem. Two railroad stations are 830 km apart. The first train leaves Station A at a speed of 80 km/h, bound for Station B. At the same time another train leaves Station A at a speed of 46 km/h, bound for Station B.
Assume there is a location (somewhere between A and B) at which the first train arrives exactly one hour earlier than the second train. How far is this point from Station A?
What will happen to the interest rate in part and what will happen to the aggregate demand in part d) if the supply of money is increased. Justify your answer.
Explain how can rational thinking the above behaviors. How do your thoughts impact, if at all, your opinion of the theory.
Suppose you just got the results for your economics midterm: you scored 90 points. You also learned that the class grades were distributed normally, the average was 75 points, and the top ten percentile cutoff was 95 points.
Suppose the demand curve for a monopolist is QD = 500 - P, and the marginal revenue function is 500 - 2Q. The monopolist has a constant marginal and average total cost of $50 unit. a. Find the monopolist's profit maximizing output and price. b. Calcu..
In year 1, Lauderhill Corporation issues three-year bonds. Martha, a cash basis taxpayer, purchased a $10,000 bond at its issue price of $7,000. In year 1, $840 of the interest accrues.
Explain how might knowing this affect you as the manager of a large firm.
Why is a depreciation of a country currency not necessarily a bad thing?.
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
Suppose that the level of investment is $16 billion and independent of level of total output, complete the accompanying table and estimate the equilibrium levels of output and employment in private closed economy.
Write a brief description of the fiscal policy of the United States and would you describe it as "expansionary" or "contractionary"?
Why is popcorn so expensive at the movies Argue both that a high price for popcorn is price discrimination and then argue that it is not price discrimination. Identify all the factors that are or are not present, enabling price discrimination by t..
Consider the demand for gasoline. When the price of gasoline increases by a relatively large amount, the quantity of gasoline purchased falls by a relatively small amount. Consider the market for soap. How would you determine if soap and shampoo ar..
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