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The office of Naval Research sponsors a contest for college student to build underwater robots that can perform a series of tasks without human intervention. Your college won $7,000 first prize over 21 other colleges. If the team spent $2,000 at time zero, what annual rate of return did the team make over the project life of two years?
Fairfield Homes is developing two parcels near Pigeon Fork, Tennessee. In order to test different advertising approaches, it uses different media to reach potential buyers. The mean annual family income for 15 people making inquiries at the first dev..
Is the china dishes a personal property? What is a personal property? Do Marlene waver her ownership rights by abandoned the dishes at a dump site? Does Joe have new owner rights to the china dishes when it was found at the dump site?
In the 1970s, the economy experienced stagflation - a situation where prices rise but output falls. In the short run, then, stagflation must be caused by. In the long run, the shift described in the last question would cause ________ in the price lev..
He pays for the car in 30 equal monthly payments with interest at 12% per annum, compounded monthly. What is his monthly loan payment?
Write one page powerpoint style on how current commodity prizes are impacting globla economy. Please touch on 3-4 commodities in you powerpoint.
Consider how to explain how higher saving leads to a higher standard of living. What might deter a policymaker from trying to raise the rate of saving?
Assume you invest your money is a portfolio of stocks known as the S&P 500 (i.e. a portfolio of 500 stocks). Based on historical performance, in which investment horizon would you earn the largest annualized gain (i.e. percentage gain per year or ye..
Suppose a monopolist produces at constant marginal cost and is able to discriminate between two groups of consumers. The demand in each group is linear. Would the monopolist discriminate (charge different prices to the two groups) if the slope of eac..
A well design experiments allow us to make cause-and-effect relationships? What experimental design principles allow us to make cause and effect conclusions?
illustrate what can you say about cost elasticity of demand for DVD players. Will cost reduction necessarily lead to an increase in profits for DVD player manufactures.
Suppose market demand for oranges is given by QD = 40 - 2P where QD is quantity demanded and P is the market price. Market supply is given by QS = 4+P where QS is quantity supplied and P is the market price. Equilibrium price is 12 and quantity is 6...
If the central bank (the Federal Reserve) keeps printing money and lowering the interest rates to get consumers buy and businesses to borrow money, then the economy will improve. Do you agree with the statement? Hint: Think about the short term and i..
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