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Every day your friend commutes to school on the subway at 9 AM. If the subway is on time, she will stop for a $3 coffee on the way to class. If the subway is delayed she skips the coffee and goes straight to class. The probability that the subway is delayed is 40%. Find the probabilities that she spends, 0, 3, 6, 9, 12, and 15 dollars on coffee over the course of a five day week.
Elucidate how the asset demand for money as a green line draw the transactions demand-for-money curve.
A12-cylinder heavy-duty diesel engine will have a guaranteed residual value of $ 1000 in 5 years. Today (year 0) the equivalent worth of this engine is how much if the interest rate is 9% per year?
What do the employees of the state and local government produce? What is the opportunity cost of that output? What is a possible opportunity cost for building a public golf course?
The publisher of a sports magazine plans to offer new subscribers one of three gifts: a sweatshirt with the logo of their favorite team, a coffee cup
An easy on "under what conditions would a nation be able to currently produce more of both consumer and capital goods? At least 150 words excluding "a", "an" and "the"
jim likes to go to church but he also likes to drink wine. Unfortunately for jim the consumption of one of these goods reduces the enjoyment of the other. Draw the indifference curves that display jims preferences
Show that the gross increase in profits from raising price by dp equals pqt(1 - tε). Recall that t = (dp/ p). Show that the gross decrease in profits from raising price by dp equals mptqε.
What would the government likely challenge a merger where a firm with 20% share is attempting to acquire a firm with a 5% share.
A property, if sold today. will provide the equity investor with $250,000 in cash flow after taxes. If the property is held, the annual after-tax cash flow received by the investor is expected to be $23,000 per years 1 to 5. If held and sold in 5 yea..
Calculate the change in GDP and Suppose that exports fall by $150 billion with an MPC of .7. Calculate the change in GDP.
Composite index of leading economic indicators - What is the value (last report) is the trend up or down? Why is it a “Leading” index? What indexes comprise the composite index?
Calculate the net present value of each of the 2 projects. Which would be preferred according to the net present value criterion?
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