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Your aunt has agreed to give you a gift. She is going to give you a choice in how you may collect your gift. You may take $10,000 payable at the end of each year for 10 years (for a gift sum total of 100,000). Alternatively you may select an option which provides you with your gift right now in cash. If you accept a 6% as an appropriate rate of return as an appropriate rate of return how much will you receive today if you take the cash rather than the annual payments.
When the marginal cost of producing one output is reduced when the output of another product is increased this is called:
Explain why fitting a line of best fit through observed price and quantity combinations over time is not likely to yield good estimates - If a firm uses only capital and labour, show why the cost minimising combination of inputs sets
Using general equilibrium analysis, graph and explain the effects of a small country levying a tariff on a -good. What may be some of the long term effects not addressed by general equilibrium analysis?
The market is in long-run equilibrium. What market structure best describes the pizza market in this town? Explain. What is average variable cost at this output level for each of the four shops? Explain how you derived this result.
In 1988 the US gross domestic product (GDP) increased to $4.90 trillion at year end, from the 1987 year end level of 4.54 trillion in actual escalated dollar values. In the same year, the consumer price index rose approximately 4%. What was the const..
Assume that the company's is considering a merger. The possible merger currently faces some threats and that the industry decides on self-expansion as an alternative strategy, describe the additional complexities that would arise under this new sc..
Do we need more or less government intervention to decide WHAT, HOW, and FOR WHOM? Give specific examples.
If the yield curve did not change (interest rates in the economy did not change at all) and the supply and demand for your bond in the market did not change, would the price of the bond you own still change from one day to another? Why?
Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.
What is the probability that 25 randomly selected packages will have an average weight more than 19.9 ounces?
A current account balance-of-payments surplus implies an
Advertising is powerfull strategy to make people aware about company products and services and for this case is to emphasize reliability and low price, this effort will help the company to sustain in this area and to develop a customer franchise a..
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