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Q. Trying to figure out how to calculate the markup on cost with a 50% markup on price. Is there a formula or vice versa a 50% markup on cost is equivalent to a markup on price of what. An answer of 50% for both just seems too easy.
Q. Mark lives on a certain acre of land for thirty years, believing that he owns it. Nora appears, claiming that she owns it. Mark wants a court to decide who owns the land. A court could decide this dispute based on.
Explain how are the gains from trade shared among the parties to a trade. Is it possible for specialization and trade to increase total output of traded goods.
Describe why this does not represent a violation of the law of demand. Which of the subsequent best explains illustrate what a forward contract.
Assume the farmer buys insurance that pays 3$ if it doesn't rain but costs 2$. Illustrate what is their consumption when it rains.
China's entry into the World Trade Organization (WTO) is likely to create more competition between local also foreign firms also provide China greater access to the marketplace for export.
what would the largest cardholder fee that Tuan will pay. If the rental store has a constant marginal cost of $2, which strategy is more profitable?
What would happen if suppliers charge less than the equilibrium price for your good or service.
Illustrate what is the effect of this policy on the interest rate in the long run.
What are the most important things to consider when making a pricing decision for a good whose demand as well as is elastic.
Now suppose the economy currently produces 2,500 garments of clothing and 3,000 bushels of wheat, illucidate which is represented by point B. Under these conditions, the opportunity cost of producing an additional
Why does the assumption of independence of risks matter in the examples of insurance.
These 3 basic trade-offs include which goods or services are to be created, how to create them, also who gets them.
Elucidate what the equilibrium interest rates for the federal funds rate the government bond rate also the private bond rate are also Illustrate what the equilibrium level of income is.
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