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A college graduate with a B.S. in Mechanical Engineering expects to earn, on average, $20,000 per year more than an engineer without a B.S. degree. If the graduate expects to work for 35 years, and the cost of the college education is $100,000, what MARR does the investment represent? Is it a high or low rate of return compared to, say a student loan at 6% per year that might finance the cost?
Dan and Carla met as employees at a candy company and later married. Carla went on to study accounting and Dan earned a business degree. After working for various businesses and raising $10,000 to open their own business one day, What are the pros an..
Briefly describe how these firms would price discriminate: department stores, airlines, movie theatres
q.the following outline provides a complete description of all economic activity in trivialand for 2003. compute gdp
During the last decades there has been an increase of anti-capitalistic movements around the world which are fundamentally different from those of the XIX-th and XX-th centuries in the sense that they do not belong to a "working class", but rather to..
Illustrate how do they compare to the others on any single set of constitutional issues. Assume the store is open 360 days a year.
Two firms, A and B, each with a marginal cost of $50, form an oligopoly whose market demand is P = 650 ? 10Q. If the market is defined by Cournot competition, what quantity will they produce and what price will they charge?
What would you do if patent law prevented your rival from cloning your product.
Consider a closed economy which can be characterized by the following equations: C = 400 + 0.8YD I = 600 + 0.1y- 1000r G = 300 T = 125 (M/P)d = 0.2Y-6000r (M/P)= 400 a. Solve for the goods market equilibrium and state the equation for the AD and IScu..
Illustrate what role does weak financial regulation also supervision play in causing financial crises.
Find the subgame perfect equilibria of the variant of the game in which the post-entry competition is a game in which each firm chooses a price, rather than an output.
If the government provides every citizen a hula-hoop then it follows that in economic terms:
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
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