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Suppose I want to open my own restaurant. Currently I am working as a financial analyst at a top bank earning $ 175000 a year which I will have to quit to open a restaurant. I am also going to invest $ 100000 of my saings which were earning an average annual rate of 6 % what is my opportunity cost of opening a restaurant?
Your firm is considering the purchase of an old office building with an estimated remaining service life of 25 years.
Do current politicians use to manage and influence to get reelected. Is this a "valid" use of political power.
Explain what the GDP cost index is and what is its role in differentiating nominal GDP and real GDP.
Can you offer another reason why the New Jersey dealer might not have wished to follow a no-haggling policy.
Elucidate how each of the following people would talk about scarcity and trade-offs. The President of the United States and the leader of a developing nation.
During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane. Explain why might this have been an effective weapon.
Do you think this pattern of trade is consistent with the principle of comparative advantage?
Its demand curve can be written as P = 160 - Q and its short run total cost curve is equal to TC = 1000 + Q^2. What is the rate of output that maximizes ZZZ, Inc.'s short run profits?
Jim Vendors is viewing about manufacturing a new type of electric razor for men. If advertise were favorable, he would get a return of $100,000.
illustrates what is a possible analytical tool to study the impact of WTO's trade rule on economic development of SSA?
If by bad management components of a corporation become competitive, the system is destroyed. A common example lies in the practice of ranking people,
Add a downward sloping demand curve, and show the profit maximizing quantity and price. Indicate the profit as an area on your diagram. Show the deadweight loss.
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