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Good evening can you please explain the law of demand? Can you also explain Why the demand curve slopes downward and provide an example?
If a bank has deposits of $10,000 and reserves of $5,000 and if the reserve requirement is 20%, it can make loans of $5,000. A decrease in the demand for money would result from: If long-term interest rates are 8% and short-term rates are 3%, the mar..
Consider the following Heckscher-Ohlin model: there are two countries, America and China, two goods, high-tech manufactures and low-tech manufactures, and two factors of production, skilled labor and unskilled labor. What happens to the wage of skill..
A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals is a
An oil company is considering a routine core analysis to be done from an outside lab. The outside lab charges 20$ per core plus $1 per core for shipping and handling. Discuss why the core analysis should be done outside. What is the correct perspecti..
A calling agency has data showing that the average response time is 5.6 minutes with a standard deviation of 1.8.
Negotiable instruments are transferred every business day of the year. Make a checklist for the potential buyer or holder of a negotiable instrument. Remember they are going to give something of value in return for this document and they don't want t..
The required return on theinvestment is 8%. Find the NPV of the investment and determine ifit should be purchased.
Regarding utility maximization, what is meant by the application of the "Equimarginal Rule" and it's relevance to the marginal principle?
If the price of labor is constant and a firm experiences diminishing marginal product, then its. When a bank or Bank like institution borrows from individuals or firms with excess funds and lends it to those who need funds it is:
A large induced-draft fan is needed for an upgraded industrial process. The motor to drive this fan is rated at 100 horsepower, and the motor will operate at full load for 8760 hours per year.
q1. consider a firm using a single variable input labor and a single fixed input capital. please explain what will
How are trade relationships between countries built on gains of specialization in production?
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