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Icahn Tackel just signed an $11.5 million, four year contract with an NFL team. He received a signing bonus of $2 million; $1.5 million at the end of year one; $3 million at the end of year two; $3.5 million at the end of year three; and 1.5 million at the end of year four. What is the present value of his contract if money can earn 4 percent per year?
Explain how much would the combined production of pineapples increase for the two islands due to trade. How much would the combined production of pearls increase.
How would you conclusion change for the winter months, if bad weather makes it likely for traffic jams on the highway to increase to 6 days per month?
Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.
If the government imposes a tax on the production of cars, which of the following will occur in the market for cars.
If taxes were cut by $1.5 trillion and the MPC was 0.85, by how much would total spending
You are considering expanding your product line that currently consists of skateboards to include gas-powered skateboards, and you feel you can sell 9,000 of these per year for 10 years. What are the annual free cash flows associated with this projec..
Suppose you deposit $10,000 in a savings account that earns 8% nominal annual rate for 5 years. The interest will be compounded semi-annually. What are the periodic and the effective annual rates? What is the amount of money in the account at the end..
Illustrate wage would a monopoly union demand. Explain how many workers would be employed under the union contract.
If a company wants its promotion to appeal to a new group of target customers in a foreign country, how can it protect against its communications being misinterpreted?
A machine has a current salvage value of $10,000, which will drop by $2,000 per year. The maintenance costs will be $1,250 per year. What is the marginal cost to extend the service for 1 year, at 8%?
A perfectly competitive firm’s cost of producing q units of output is T C = 18 + 4q + q2. Its corresponding marginal cost is MC = 2q + 4. The firm faces a market price p = $24. Determine the profit-maximizing output for the firm and the corresponding..
Illustrate what are the monopolist's profit-maximizing price and total output.
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