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The expression "3/10, net 45" means that the customers receive a 3 percent discount if they pay within 10 days; otherwise, they must pay in full within 45 days. What would the seller's cost of capital have to be in order for the discount to be cost-justified? (HINTS: Consider Opportunity Cost. Remember that cost of capital is calculated on an annual rate, so you'll have to convert rates to compare apples to apples. Use simple interest - don't compound - for any rate conversion calculations.)
Illustrate the effect of each of these proposed policies in a demand and supply diagram of the gun market. For each question, show the price paid by consumers, th eprice received by producers an dthe quantity of guns sold.
Which of the subsequent represents a positive macroeconomic statement. Assume the United States can produce Toyotas at the cost.
If the farmer rented her land from a landowner,would she have the same incentives to control soil erosion. What would the landowner have an incentive to control erosion.
The US put a specific tariff of €10 on European widgets. Calculate the new equilibrium quantity and price as well as the new Monopoly's profit.
illustrate what is the largest cardholder fee that Tuan will pay. the long run a perfectly competitive firm experiences economic profit and new firms will enter the market.
Provide examples of two industries with different time frames for the short run. Clarify why this is the case.
Illustrate what are the opportunity costs of producing X and Y for Leah and Tim; and if specialization is possible, which good should Leah specialize in? and How about Tim.
Illustrate what is standard inconsistent cost. Illustrate what is the marginal cost.
Derive and plot Hugo"s Engel curve for donuts. Explain how much does his weekly budget have to rise for Hugo to buy one more donut per week.
explain why the tax would be placed on gasoline rather than, say yachts. Illustrate what might be the long run effect of raising the price of gas.
Write an algebraic formula that gives Mr. Midas' demand for bonds. Illustrate what is the sum of his demand for money and his demand for bonds.
The unsold computer is carried on XYZ's books as an $800,000 increase in inventory.
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