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A bank gives its customers an interest rate of 10% that it compounds half yearly. What is the amount of money they will have in the account if they deposit $ 10,000 and let it stay in the account for three years?
Imagine that an environmental regulation will increase the demand for particular good, increasing gains from trade in that market.
Using the chi-square table determine where the p-value would be, for the data having df= 5 and computed value is 20.36
Thinking back on what you have learned in this course, identify the single most important economic principle learned and explain why it was more significant than any other principle or concept.
If the marginal profit is negative for the sale of a certain number of units of a product, is the company that is marketing the item losing money on the sale? Explain. If the marginal profit is negative for the sale of a certain number of units,
Identify and explainthree arguments against heavy government intervention in an economy - What prompted greater intervention by the German government in 2009?
What are the three main issues that face correction professionals on a regular basis and what are the best responses to these issues?
A monopolistic firm faces the following demand curve. What price should this monopoly charge to maximize its profit? What would be its equilibrium profit? What price should it charge if it were to maximize its revenue? What is the break-even quantity..
In the two countries, Techi and Aggi, the costs of all factors of production are constant, the factors are perfect substitutes for each other and thus equally productive (efficient). Currently, before trade, Techi’s residents prefer to produce and co..
Suppose that the annual growth in real income in Japan is expected to be between 2 and 3 percent and that income elasticity of demand for housing in Tokyo is estimated to be between 0.8 and 1.0 for rental units and between 0.7 and 1.5 for owner-occup..
Willy owns a small chocolate factory, located close to a river that occasionally floods in the spring, with disastrous consequences. Next summer, Wily plans to sell the factory and retire. The only income he will have is the proceeds of the sale of h..
q.in 2012 balnur taught music and earned 20000. she also earned 4000 by renting out her basement. on january 1 2013 she
If the marginal product of the 4th worker hired is 6, and the marginal product of the 5th worker hired is 4, you should not hire the 5th worker because your profit would decrease since the 5th worker’s marginal product is less than the marginal produ..
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