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Inara Serra earns substantial funds in exchange for Companionship. A politician requests her company for three weeks for a fee of $20,000 per week.
If she agrees to this arrangement, how much money should she have in 3 years from this one transaction, given a prevailing interest rate of 6%?
q1. consider an investment that will pay 680 per month for the next 15 years and will be worth 28000 at the end of that
Let the inverse demand curve for tennis classes is: P = 90 - 1.5Q. If the equilibrium price is $15, calculate the optimal quantity and the consumer surplus. If price increase to $30, calculate the optimal quantity and the new consumer surplus.
the circumstances under which you need information regarding her preferences to determine which package she should choose.
A profit maximizing monopolist hires workers in a perfectly competitive labor market. Employing the last worker increased the firm’s total weekly output from 110 units to 111 units and caused the firm’s weekly revenues to rise from $25,000 to $25,750..
Given the option to work for a company in a particular market, would you choose to work for a Western Multi-National Enterprise (MNE) such as IBM, moving into a developing country such as India, or would you choose to work for a company from an emerg..
What asymetric Information can contribute to the onset of both a currency and financial crisis.
10 consumers, ranked by their value for a network product v = 1...10, are deciding whether to connect to the network. If there are n people on the network, including oneself, then a consumer's willingness to pay equals n x v. What is the highest pric..
On a graph with time on the horizontal axis and yt on the vertical axis, draw the evolution of output per worker over time. Does output per worker grow in the long run? Explain why or why not.
The market for grapes is given by the following supply and demand equations: Q = 120 – 15P Q = 20 + 5P a. Identify the demand function and the supply function. b. Compute for the equilibrium P* and Q* (Q*, P*). c. Compute the PED at (Q*,P*) AND the P..
A cost-effective policy is always socially efficient. Enforcement costs are critical to the success of environmental program and should be included in the overall social costs of the program when evaluating different policy options
Economic history since the industrial revolution [in the United States] strongly suggests that technical learning, not the process of perfect competition, drives growth over time. Please explain.
q1. why do economists attempting to forecast short run future changes in real gdp and employment look closely at data
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