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For the following cash flow, compute the interest rate at which the $240 cost is equivalent to the subsequent benefits.
Year Cash flow
0 -240
1 75
2 95
3 100
4 90
Moving along a demand curve, the quantity demanded decreases 8 percent when price increases 10 percent. Find the arc price elasticity of demand over the price range from $3 to $7. Interpret the value of price elasticity.
How many workers should the firm hire if the price of the output is $10? Suppose the price of the output falls to $7.50. Illustrate what do you think would be the short-run impact on the firmâ??s production.
Using graph, illustrate the effect of an increase of the input price on the production and profit of a one input-one output firm with decreasing return-to-scale technology?
Explain how do you suppose the tickets were rationed. Sketch supply and demand curves for the tickets to each of the two games.
Suppose savers either buy bonds or make deposits in savings accounts at banks. Initially, the interest income earned on bonds or deposits is taxed at a rate of 20%. Now suppose there is a decrease in the tax rate on interest income, from 20% to 15%.
Compute Ikonomia's gross national expenditure (GNE), gross national income (GNI) and gross national disposable income (GNDI).
List the economic benefits of, and problems with, subsidized college education. Examine subsidized college education by considering answers to the three basic economic questions: What to produce with limited resources? How to produce the goods and se..
Discuss what a manufacturer of each product might do in the short run to increase production. Illustrate how does the long run differ for these products.
For the product is charging the most favorable price
q1. you buy a season pass to the philharmonic symphony hall. you paid 250 for five performances. what is the money cost
Why would equal-sized falls in aggregate output due to a fall in aggregate demand have different effects on magnitude and duration of unemployment in se two economies.
Illustrate what do you think would be the short-run impact on the firm's production.
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