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1. If the interest rate is 6% per year compounded quarterly, how long (number of quarters) does it take earn $100 interest on an initial deposit of $300?
2. Downtown is experiencing an explosive population growth of 18% annually. At the end 2002, the population was 16,000. If the growth rate continues unabated, at the end of how many years will me population have passed 75,000?
What is the relationship between social auditing and crisis management? What can organizations do to become better prepared for preventing and responding to ethical misconduct?
Suppose that doctors' visits cost $20, and the typical consumer has an income of $100. Consumers spend all of their incomes on doctors' visits and a "composite good" that costs $1 per unit. Draw a graph that illustrates the consumer's budget constrai..
Why do the soft technologies open more opportunities for women? To what extent have these technologies impacted the perceptions of men’s and women’s roles in the economy, within marriage, and in society as a whole?
Chipotle wants to run an experiment to estimate the demand elasticity for its customers who consume pork burritos. Chipotle raises the price of pork burritos 5% in half of its restaurants, but keeps the price of pork burritos unchanged in the other h..
If the utility function (U) between food (F) and clothing (C) can be represented as U = FC, the marginal rate of substitution of clothing for food equals? Please explain how to het MRS from utility function and formula?
Hank Yoon is the economist in a competitive market. The market price is $35 per item. The total cost equation is C(Q) =10 +2Q+0.5Q^2, and MC = 2 + Q. What level of output of items should you produce in the short run? You are the project executive of ..
1. How might a family's socioeconomic status contribute to teenagers becoming parents? 2. What influence might previous child sexual abuse and/or placement in foster care have on teenagers who become parents?
Americans are known for their long-term love affair with their cars. But as gasoline prices soar and concern about the environment mounts, the need to conserve gasoline has become increasingly clear. What would it take to reduce the overall demand fo..
Suppose a firm employs capital (K) and labor (L) to produce a product with the following production function: Q = min(K, L), where Q is the quantity produced and min(K, L) is the minimum (i.e., smallest) value of K or L. For example, if K = 20 and L ..
This is a team discussion on “creating value” for customers, “relevance”, and “strategy”. I posted three articles titled "Value Proposition", “Preference vs. Relevance” and “Negatives_Relevancy” for this team discussion under Week 1 module.
A price-taking ?rm selling in a market with a price greater than the ?rm's average total cost should:
Based on the following information, what is the balance on the current account? Exports of goods and services = $12 billion Imports of goods and services = $14 billion Net income on investments = -$4 billion Net transfers = -$1 billion Increase in fo..
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