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A refrigerator sold for $500. The store announced the refrigerator by charging 0.5% monthly interest on the unpaid balance. If the refrigerator is paid for with 30 equal end-of-month payments:
a. What will be the size of the monthly payments?
b. If the first payment is not made until one year after the purchase, what will be the size of the monthly payments?
Suppose that there are freezing temperatures in Florida. At the same time the press reports that drinking orange juice significantly reduces the risk of stomach cancer. Predict the effect on equilibrium price and quantity.
Use examples both numerical and explanations to make your case. Give an example of a real world situation where two or more firms in a certain industry would be better off if they came together and behaved like a monopoly.
what should it do to increase profit? If the firm is profit maximizing, is the firm in a long-run equilibrium? If not, what will happen to restore long-run equilibrium?
Calculate your price elasticity of demand of widgets. What can you say about your price elasticity of demand of widgets?
In many Sub-Saharan African countries, girls have lower enrollment rates in secondary schools than do boys.
q.in a competitive market there are two groups of firms. in group a for each firm the long-run atc curve is u-shaped
Elucidate however, you do not have to start making payments until you graduate from college 2 years from now.
Important determinants of the demand for workstations and must therefore be included in the study. How would you respond to this implication.
Bartling Energy Systems recently reported $9,250 of sales, $5,750 of operating costs other than depreciation, and $700 of depreciation. The company had no amortization charges.
The Sunshine Corporation finds that its costs are $40 when it produces no output. Its total variable costs (TVC) change with output as shown in the accompanying table.
Why Should we remove all barriers to immigration into the United States. What would be the outcome.
illstrate the effect of capital formation by comparing the prodution pissibility curves, at the present time and ten years in the future,for tow economies, one with the high and the other with the olw rate of capital formation.
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