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A bridge has the following costs: t=0: $10million; t=1 through 20: $1m The expected traffic across the bridge is 100,000 cars in t=1, growing at 8% each year. What is the constant, break-even toll (price to cross the bridge which makes profits = 0)?
How would I approach this problem given that the rate is 8%?
Consider the two good utility function: U(x,y) = y\sqrt{}x . Does this consumer believe that more-is-better for good X? Does this consumer believe that more-is-better for good Y? Does this consumer’s preferences exhibit diminishing marginal utility o..
A profit maximization perfectly competitive firm face the following function total cost function. TC=10Q^2+50 and marginal revenue (MR)=10 based on the above information a) Calculate total revenue function
Draw the graph representing the market for loanable funds. Label the demand curve D1 and the supply curve S1. Given D1 and S1, if the banks charged 10% interest on loans, what would the situation be in the market. Is there a shortage or a surplus? By..
In the nation of Wiknam, people hold $1,000 of currency and $4,000 of demand deposits in the only bank, Wikbank. The reserve–deposit ratio is 0.25. What are the money supply, the monetary base, and the money multiplier? Assume that Wikbank is a simpl..
Identify which one of the 4 C's (clarity, coherence, consistency, concision) you've had the most difficulty with in the past. Describe what you've done to improve your business writing style
If a perfectly competitive firm is a price taker, then
Tots-R-Us operates the only day-care center in an exclusive neighborhood just outside of Washington, D.C. Tots-R-Us is making substantial economic profit, but the owners know that new day-care centers will soon learn of this highly profitable market ..
Explain why moody's decreasing the risk for these countries for example BBB BH and Cairo BBB how create this action by international instiutions effect international.
Assume that your current university is the only institution offering online MBA program. Assume also that there are clear advantages of online program over brick and mortar school - such as the flexibility. Which alternative would be better for your ..
A legal services firm processes routine documents for law firm clients in Ohio and Kentucky. Since Indiana law and procedures are similar, it is considering adding clients from that state. In making this decision, the company “allocates” one-third of..
Republicans asserted that many of president obama's fiscal stimulus spending was " wasteful and ineffective." Does the content of fiscal stimulus spending matter?
Financial Institutions have traditionally acted as Financial Intermediaries, accepting deposits and making loans, and the Federal Reserve has a relatively “easy” task of regulating their behavior. What are the primary, traditional, three mechanisms u..
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