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What is the capitalized equivalent cost of a dam that will cost $25 million now and will require $2 million in maintenance annually? The effective annual rate is 12%.
Suppose two hot dog stands, Al’s & Bob’s, position themselves at different ends of a 100 yard stretch of beach. Assume there are 100 beach goers evenly distributed along the stretch of beach and travel costs are $.1 per yard. If Al charges $1 for his..
Illustrate what are the types of business organization/ company forms, and their pros and cons (advantages and disadvantages) from an economist point of view.
q.1. you must decide whether or not to introduce a new product. if you launch the fresh product your competitor will
Assume that a hypothetical economy with an MPC of 0.75 is experiencing severe recession. By how much would government spending have to rise to shift the aggregate demand curve rightward by $30 billion? $ billion.
The marginal revenue received by a firm in a perfectly competitive marketplace is illustrating what
Elucidate how does that fact that many goods are non traded affect the extent of possible gains from trade.
question 1explain and illustrate with diagrams the differences between diminishing marginal returns and decreasing
the world price of coffee rose about 100%. What was the approximate price elasticity of demand for coffee? was the demand elastic or inelastic?
A manufacturer has been selling 1600 television sets a week at 370 dollars each. A market survey indicates that for each 36 dollars rebate offered to the buyer, the number of sets sold will increase by 60 per week. Find out the demand function.
The short-run and long-run effects of this change for the levels of per-capita output, and the growth rates of (total) output and per-capita output.
What happens to each of these values if the central bank changes the reserve requirement ratio to 3%.
Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country.
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