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A family purchased a house in 2006 with a 15-year, $350,000, 5.25 % mortgage. After 80 payments they are offered a 10-year loan with a rate that saves the family about $10,000 over the original loan. What is that rate?
Consider a market where demand is P=10-2Q. There is a negative production externality of $2.50/unit of consumption. Supply is equal to ??=??2. What is market equilibrium? What is the socially optimum quantity and price??
the present value of his endowment would be what? I know the answer is 2500, but I need to know HOW you get this?
A company produces an electronic timing switch that is used in consumer and commercial products. The fixed cost (CF) is $73,000 per month, and the variable cost (CV) is $94 per unit.
Presume an economy's output depended on capital (K) and labor (L), and was determined by the function F(K,L) = 50(K^0.7)(L^0.3). Presently, there are 200 units of capital and 600 units of labor. Based on partial derivatives, by much would you expect ..
countries a and b have the same rates of investment population growth and depreciation. they also have the same levels
If Microeconomics is considered to be study of scarce resources. In which customers must make allocation decisions. These 3-basic trade offs include which products or services are to be manufactured
your uncle repays a 100 loan from goliath national bank by writing a 100 check from his gnb checking account. use
An analyst has timed a metal cutting operation for fifty cycles. The average time eachcycle was 10.40 minutes, and standard deviation was 1.20 minutes for a employee with a performance rating of 125%.
How do you think the principles of price elasticity of demand might be applied to the pricing of public goods? Explain your reasoning and assumptions, as well as how it might affect efficiency.
most commercial fish species in nearly every ocean and sea are being rapidly depleted in what marine biologists and
How vital is to develop revenue policy aligned with community values?
What happens to the student's budget line? Illustrate the change with new books on the vertical axis. Is the student worse off or better off after the price change. Explain.
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