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Question: Explain the optimum spot for price elasticity on the demand curve. Include one economic and one mathematical reason to support your response.
What are the advantages of doing business as a limited liability company? That is, if you want to open a small business, you have several options---sole proprietorship, partnership, LLC, etc. Why might you select a LLC over the other options..
Ground handling activities are carried out by a combination of airport authorities, airlines themselves, and sometimes special handling agencies. If an aircraft is delayed the financial effects almost entirely fall on the airline. Think about the fol..
a. What is the avarage fixed cost of 4 units of output? b. What is the marginal cost of the fifth unit of output?
Consider a U.S. Treasury Bill with a one year maturity and a face value of $1,000. If you purchased one, it would be an asset for you and a liability of the U.S. Treasury; currently, some $1.4 trillion are outstanding, which indicates that the..
Explain why the effective or true multiplier would be expected to be much smaller when the economy is near potential output.
A friend of yours has borrowed $20,000 to buy a car, with an interest rate 10% compounded monthly. Monthly payments were calculated to be $645.34.
It costs a company $35,000 to produce 700 graphing calculators. The company's cost will be $35,070 if it produces an additional graphing calculator.
How can a firm in a merger avoid antitrust action by the government?
Suppose you do not want to be disturbed by phone calls in class and are willing to pay $5 for the first minute call reduced, $4.5 for the second minute reduced, and so on. Drive the formula for your marginal benefit and draw the MB curve.
qd 15 - 10 p 1.5 adv 0.4 px 2 i5.23 2.29 0.525 1.75 1.5r2 0.65n 120f 35.25standard error of y estimate 0.565qd
You buy a bond for $1118 that pays $20 interest every 6 months. It will reach maturity in 9 years at which time it will return its face value of $1000 plus the final $20 interest payment. What is the pre-tax annual rate of return on this bond? Estima..
Refer to Figure above. The effect of a decrease in the price of food, as depicted in the figure, leads us to believe that.
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