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7- Pat is a 10-year-old computer hobbyist. She has a paper route that nets her $135 each month in profit and she wants to start saving to buy a new computer. Assume she can find a bank that pays 0.75% interest monthly, she will deposit the entire $135 at the end of each month, and she wants to buy the new computer at the end of 1 year.
• Draw the cash-flow diagram for this situation.
• Name the proper compound interest formula to apply to this problem.
• Explain how much money will Pat have available to spend on her new computer after 1 year?
Assuming that wheat and barley both sell for $1, and income is $20, compute the price elasticity, cross price elasticity and income elasticity for wheat."
A consulting company estimated market demand and supply in a perfectly competitive industry and obtained the following results.
Jim Vendors is viewing about manufacturing a new type of electric razor for men. If advertise were favorable, he would get a return of $100,000.
Which of these same curve would shift as a result of the per-burger tax. Curves average fixed cost,marginal cost would shift as a result.
Compute the profit-maximizing output for the price leader. Illustrate what the market price is given the price leader's output in (c). Elucidate how much does each competitive firm produce.
Explain how should it be allocated. Explain hardwood usage in the two lines of product are.
One main difficulty examined in the book is the cleanup of hazardous waste sites.
Illustrate what is the maximum price of capital at which the firm will still make nonnegative profits.
Illustrate what will be the cumulative effects including the multiplier for each of the above three policy choices.
Calculate the marginal cost function. What is Chill man's profit-maximizing cost as well as output combination.
Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.
M is the average income in the United States. What could be the impact on your rm.
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