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Question - The average cost of a certain model car was $18,000 ten years ago. This year the average cost is $30,000.
(a) Calculate the average monthly inflation rate (fm) for this model.
(b) Given the monthly rate fm, what is the effective annual rate, f, of inflation for this model?
(c) Estimate what these will sell for 10 years from now, expressed in today's dollars.
Identify a solution that the business community appears to favor for the current annual budget deficit in the US. For example, in the area of health care.
Explain how an EMS will assist your organization comply with environmental laws. Explain how an EMS will assist your organization reduce liability exposures and explain how the EMS will further benefit your organization.
The USPS is aggressively slashing prices for its biggest e-commerce companies in time for the holidays. The Wall Street Journal reports that the steepest price cuts will directly benefit consumers. In your opinion, is it true or false, and why?
Imagine that you are trying to value a particular piece of wilderness that people use for recreational hiking and cycling. While this area has no entrance fee, statistics have been kept on who visits and how frequently they visit the area.
Explain the theory of liquidity preference. How does it help explain the downward slope of the aggregate-demand curve?
For an $85,000 mortgage with a 30-year term and a 12% nominal interest rate, what is the monthly payment? After the first year of payments.
What is the probability that more than 10 parts will be defective? Answer to at least four decimal places.
1. caty consumes only goods x and y . her utility function is ux y minx y. we are given that px 3 py 6 and catys
Suppose that Jean Splicer, an investor, buys $300,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $315,000.
Show that this production function exhibits constant returns to scale if a+b=1, increasing returns if a+b>1 and decreasing returns if a+b
Read the case: "In a Bind: Peak Sealing Technologies' Product Line Extension Dilemma". What would be some advantages of introducing an economy grade tape for Peak Sealing Technologies (PST)?
One of his issues is that it is impossible to calculate the VMP of individual workers. Explain that argument, both logically and using the evidence Adler provides
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