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A new 65 inch television sells for $1,500 and can be purchased for a down payment of $500 with an additional monthly payments in the amount of $45.70 paid at the end of every month for 24 months.
a) draw a cash flow diagram
b) what is the nominal rate of interest?
c) what is the effecttive rate of interest?
d) what amount remains to be paid off of the loan after the 20th payment is made?
q.suppose that the supply curve of healthcare ser-vices is perfectly inelastic i.e. vertical. analyze the impact of an
What is the profit-maximizing p in the case that Godzilla and Macrosoft merge and suppose that Godzilla chooses its price first, and that Macrosoft only picks its price after observing Godzilla's price. Is the equilibrium price of the composite go..
q.governments often complain about one anothers macroeconomic policies. this question asks you to analyze one example.a
llustrate what happens to the money supply. Elucidate how would this change the incentive structure facing depository institutions.
Soft selling occurs when a buyer is skeptical of the usefulness of a product and the seller offers to set a price that depends on realized value. For example, suppose you're trying to sell a company a new accounting system that will reduce costs by 1..
A retail outlet is being designed in a strip mall in Nebraska. For this outlet, the installed fiber glass insulation to protect against heat loss in the winter and heat gain in the summer will cost an estimated $90,000. What is the present equivalent..
q.if the demand function for bananas is given by the following equationqd54000-6000pand the supply function for bananas
Steve’s preferences for hamburgers (X) and chicken sandwiches (Y) can be represented by u(X,Y)=X 0.5Y 0.5. Graphically decompose the total effect of the price change into an income effect and substitution effect. Plot hamburger consumption on the hor..
Suppose that each person has playing cards numbered 8 and 6. Playing the 6 "pulls" $6 (from the experimenter's reserve) into one's own earnings, and playing the 8 "pushes" $8 (from the experimenter's reserve) to the other person's earnings. Draw the ..
Show (with a graph) and explain the strike and resulting negotiations for an inclusive labor union in a monopsony situation. Also, show (with a graph) and explain how an exclusive union increases wages
ChemCore Company is engaged in the business of creating chemical solutions for cleaning pools. As a result of the chemical engineering process, a number of harmful waste products were created. Kyle Bishop lives downstream from ChemCore and has notice..
Chris has $100 to spend this month on movies and/or books. A movie costs $10 and a book costs $20. Draw Chris’s budget constraint (or budget line), with the number of movies purchased on the vertical axis. What is the opportunity cost of the second b..
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