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Determining Profit or Loss from an Investment. Three years ago, you purchased 150 shares of IBM stock for $88 a share. Today, you sold your IBM stock for $103 a share.
For this problem, ignore commissions that would be charged to buy and sell your IBM shares.
a. What is the amount of profit you earned on each share of IBM stock?
b. What is the total amount of profit for your IBM investment?
Describe how the market for Alaskan king crab will be affected if, at the same time that medical reports confirm that suspected health benefits from consumption of Alaskan king crab meat, wages are increased for trawler men
im taking a microeconomics class and i have to illustrate a 15 tax on a 30 item with a quanity of 30. i need to
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suppose the poorest 90 percent of citizens actually have an income of $15,000 because each receives $5,000 of unreported income from the underground economy. what is the Gini coefficient now?
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your company manufactures controllers used in the production of commercial air conditioning units. your current price
why is monopolistic competition inefficient suppose that you counted the higher price the consumer pays for the monoplistically comptetive firm's product surplus, would that change the conclusion regarding the efficiency of monopolistic competitio..
Business Week, in an article dealing with management, wrote, "When he took over the furniture factory three years ago.(the manager realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
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the typical industrial bakery can produce cookies at a daily long run cost of tclrq 0.01q2900where q is the number of
question 1why does the assumption of independence of risks matter in the example of insurance? what would happen to
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