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Guide Questions:
a. What are the main factors that differentiate business from personal loans?
b. How can you distinguish a specific loan as business or personal loan?
c. In what situations are personal loans appropriate to take?
d. When do we consider using personal loans for business?
e. What other factors do you need to consider in choosing a loan?
In another graph, show how this policy would impact the hours supply decision of a mother of a preschooler who is already working.
if the price is greater than the average variable cost and less than the average total cost at the profit-maximizing quantity of output in the short run, a perfectly competitive firm.
Show that if the food stamps could be legally re-sold, the welfare of the household would be increased. Give one reason why food stamps should not be re-sold.
For each of the following, determine whether it represents moral hazard, adverse selection, both, or neither. Suppose prospective clerical workers fall into one of two categories in equal numbers: high productivity (HP) and low productivity (LP). An ..
From the scenario, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs.
The demand for cartons of cigarettes is Q = 1200 – 10P and the supply of cartons of cigarettes is Q = 20P. Suppose the federal government levies a $10 per-carton-tax on sellers for every carton they sell. What is the statu tory incidence for the $10..
In economic terms, when the wage rate increases we sometimes see the number of hours worked by individuals decrease now.
Use SMART method to determine the form of transport which has the highest valued overall benefits, assuming that mutual preference independence exists
The Constant Elasticity of Substitution Production Function Q(K,L) = A[b(K^b) + (1-b)L^p]y/p. (b = beta p = rho y = gamma) Determine the returns to scale for this production function. Find sigma, the elasticity of substitution.
An economy with nominal tax rates significantly higher than effective tax rates has
What effect will each of the following have on the market labor demand for a specific type of labor?
What is accounting equation? Please give an essay on accounting equation and give a good example on it, i need to develop a project on accounting equation.
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