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What made secession a significant trend in the history of the United States? It led directly to the American Civil War. It changed the national identity of the North. It signaled the abolition of slavery in the South. It resolved the Nullification Crisis.
Currently a firm pays 10% of each employee’s salary into a retirement account, regardless of whether the employee also contributes to the account. Some people at the firm think this change will lead employees to save more and therefore to be able to ..
Suppose you are considering the purchase of an established business that has the expected profit stream noted below. If want a 20% return on you investment, what is the maximum amount you should pay for the property?
AH and PPP are price takers and provide a basic Groom and Check service for $40 per pet (dog). AH has fixed costs of $8,000 less than PPP and average variable cost of $33, which is 10% more than PPP. Calculate the cost functions of both firms. Calcul..
Grandpa would like to deposit some money now for his grandson to have available to beginning withdrawing $25,000 per year for four years, starting 5 year from now. If the money earns 6% interest per year, the amount that Grandpa must deposit is close..
q1. consider the information you have read this week on international trade and specifically regarding the domestic
You are assessing the difference in the average time that two new fully-charged solar batteries can produce electricity before they need to be again exposed to the sun. Using a sample of 50 Type 1 batteries and 50 Type 2 batteries, you build a 90% co..
what was equilibrium price of a box. Is this long run equilibrium price. how many firms are in this industry when it is in long run equilibrium.
If a government’s money is backed by gold and global instability causes its mint parity rate to become to high as a result the country falls into a depression, can the governments central bank fight the recession by increasing the money supply? Expla..
In California, a welfare recipient can earn $225 without having benefits reduced. Beyond $225, benefits are reduced $.50 for every dollar of earnings. Consider Elizabeth, a resident of California, who can earn $10 per hour. If she does not work at al..
What is classical dichotomy?
What determines the composition of national output? In some cases, we say that there is "consumer sovereignty." meaning that consumers decide how to spend their incomes on the basis of their tastes and market prices. In other cases, decisions are mad..
How does the concept of prospect cost apply to production possibilities curve analysis. How do these decisions differ between capitalist also socialist systems
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