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We would expect India using the rule of 72 to double its GDP per capita in 12 years if current growth of GDP and population continues. I tell you that its GDP growth rate is 7%. What is its population growth rate?
Suppose that you leave a job that pays $40,000/year and use $10,000 of your savings that had been earning $500/year in interest in order to start your own business. In your business, you sell 450 units at $60/unit while paying $12,000 for capital cos..
q1. for mgtp2 the demand functions for good 1 and 2 are given by the equations x1mp2-1 and x2p1p2 where m is income and
q1. suppose you have 7000 in savings when the price index is at 100. if inflation pushes the price level up 10 what
What must the CFO have expected about the value of the British pound in $ today to believe that investment in British CD's was more profitable than investment in US CD's last July?
Externalities Public Goods Lack of Information in the market Too much competition all the above are reasons for market failure
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your No Haggle sales policy. Last year, your dealership earned record profits of $1.5 million. What price should you charge for a midsized automobi..
An important factor in selling a residential property is the number of people who look through the home. A sample of 17 homes recently sold in the Buffalo, New York, area revealed the mean number looking through each home was 26 and the standard devi..
If the Boca Raton Company has only one rival also if its rival too makes such a declaration does this change payoff matrix? If so, in illustrate what way.
Compute the average product of labor, APL, when the level of capital is fixed at 16 units and the firm uses 16 units of labor. How does the average product of labor change when the firm uses 81 units of labor.
How is it possible for many price elasticities to be associated with a single demand curve? Rank the following in order of increasing (from negative to positive) cross-price elasticity of demand with coffee. Explain your reasoning please: Bleach Tea ..
q1. following the passage of comparable worth legislation unity college responds by placing salaries at w a between the
Elucidate the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
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