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Your employer has anticipated needing $60,000 in 2.5 years to finance the purchase of new machine. If they aniticipate making a single lump sum investment today into a savings account that will return 12% interest compounded continuously, how much money d you need to invest?
A community ponders implementing a no-smoking ordinance that would eliminate smoking in all businesses, government offices, and public places. Smokers are upset and argue that their rights are being violated by this proposed ordinance. How does the r..
q1. consider the economy as summarized by the above equations. assume which the mix of fiscal and monetary policies is
A product has an arc elasticity of -0.8. at a price of $7.00, 1000 units are sold per period. In order to sell 1200 units, what will the new price be. Illustrate what is the revenue at the old price ($7.00)and the new price.
For a firm in the widget industry, X = 100L - L2; where X is the quantity of widgets produced, and L is the number of labor hours hired. The demand for this firm's output is perfectly elastic at a price of $1 per widget. First suppose that the firm i..
Use calculations to examine the alternatives available to Assiniboine Narrows. Then, based on your calculations, make a recommendation as to the preferred course of action.
Some people are saying which majority of the budget deficit are funds which some branches of the government owe to other branches.
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 80 - 0.25P, and the marginal cost of production is $120. Determine the optimal number of units to put in..
When there are expectations that there will be inflation and expectations are rational, the longrun equilibrium will be:
Suppose that a consumer's preference between the good x and y are represented by the utility function u(x,y)= x+y. If these two goods have the same price, describe the optimal consumption choices of this consumer.
illustrate why lower taxes in the current period but higher taxes in the future may make some consumers better off.
Corporation X is in the business of buying, restoring, and selling vintage cars. A local man attempts to sell to corporation X a vintage car, estimated to be worth $50,000, for the price of $1000. If the president receives the offer but, instead pres..
You are the manager of a monopoly. A typical consumer's inverse demand function for your firm's product is P = 250 − 40Q, and your cost function is C(Q) = 10Q. Determine the optimal two-part pricing strategy. How much additional profit do you earn us..
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