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If you will receive $1000 in one year (maybe a bonus from your company) and in two years you will receive $1500 ( a second bonus). If you deposit those amounts (received in 1 year and in 2 years ) in a deposit account at a rate of 5% per year. How much money you will have in 6 years.
Elucidate the supply function for a perfectly competitive industry with constant returns to scale? Consequently, what will be the equilibrium price and equilibrium profits for this industry.
Dave and Christy both follow the life-cycle hypothesis: they smooth consumption as much as possible. They each live for five periods, the last two of which are retirement. Here are their incomes earned during each period: Compute their wealth (that i..
Explain why, in a perfectly competitive environment, a profit maximizing firm will increase its labor force up to the number of workers that equates the prevailing wage rate to the value of the marginal product of labor (the marginal revenue product ..
Why might some argue that news stations ought to stick to reporting what is actually happening on Election Day rather than making projections? Projection may cause a bandwagon effect. Projections based on push-polls may be inaccurate.
Zura Kazhiloti sold jewelry bearing the luxury brand names “Cartier” and “Van Cleef & Arpels” to jewelry stores. The retailers then sold the jewelry through their brick and mortar stores, through websites, and through the Internet auction site eBay. ..
All references need to adhere to APA guidelines, and images should not be copied unless author permission is obtained or copyright free images are used.
Explain in detail the concept of excess burden (or welfare cost) and explain the factors significant in the calculation of the excess burden. What is the marginal excess burden and why is it important concept for policy evaluation?
Discuss the freedom of speech section of the First Amendment to the US constitution and its protection and permitted regulation, of the commercial and political speech engaged in by busniness, including justification for such regulations
A company will need $100,000 in five year's time to replace one of its production lines. Assuming the company can earn 7% per year compound interest on its savings, how much should the company be saving at the end of each year for the next five years..
Imagine that you borrow $5,000 for one year and at the end of the year you repay the $5,000 plus $600 of interest. If the inflation rate was 4%, illustrate what was the real interest rate you paid.
The behavior of almost everyone indicates that people believe they will be better off if they earn a larger income, because a larger income means the ability to acquire more of what they want almost, but not quite, without regard to what it is that t..
Find the? consumers' surplus if the demand function for a particular beverage is given by D(q)= 3000/(3q+8)^2 and if the supply and demand are in equalibrium at q=7. What would be the consumer surplus?
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