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Question - In his will, Frank's uncle has given Frank the choice between two alternatives:
Alternative 1 $2000 cash
Alternative 2 $150 cash flow plus $100 per month for 20 months beginning the first day of next month.
(a) At what rate of return are the two alternatives equivalent?
(b) If Frank thinks the rate of return in (a) is too low, which alternative should he select?
How much of the higher price for checkups using the new method (as compared to checkups in the previous year) re- flects a true price increase of checkups and how much repre- sents a quality increase?
What is the per-unit amount of the externality? Create a new graph illustrating the market for water park business for these two externalities. Label the demand curve, the social-value curve, the market equilibrium level of output, and the efficien..
What is the economic meaning of the expression that "There is no such thing as a free lunch?"
Explain why governments place higher tax rates on products such as petrol and cigarettes - Examine the impacts of rationing on a certain consumer good.
the olde yogurt factory has reduced the price of its popular mmmm sundae from 2.25 to 1.75. as a result the firms daily
You will write a one-to-two page paper about your specific chosen topic. Discuss at least four points that are important considerations for the topic you chose and include 2 or 3 sentences discussing why each point is important to consider as a busin..
Explain the Law of Demand in your own words - Give an example of a good that is a normal good for you. Give an example of a good that is an inferior good for you.
The Einstein Bagel Corp. offers a frequent buyer program whereby a consumer receives a stamp each time she purchases one dozen bagels for $5. After a consumer accrues 10 stamps, she receives one dozen bagels free.
between 2008 and 2010 despite significant recent reductions in prices the sales of automobiles declined world-wide but
Explain what would happen if banks were notified they had to increase their required reserves by one percentage point from, for example, 9% to10% of deposits.
explain and demonstrate the effects on the production possibilities frontier or curve of the following events1.the
When going from a price of $160 per unit to a price of $140 per unit, what is the price elasticity of demand of GPS units
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