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A $5000 loan was repaid with 8% simple annual interest. A total of $5350 was paid. How long had the loan been outstanding?
"The optimal tax rate for the economy is the point on the Laffer Curve where the tax revenue is maximized."
What is the opportunity cost of the decision to take these benefits from staying in the apartment and dick and Jane know that the annual property tax rate is 1% of the property value
What is the distinction between comparability and consistency? Describe the constraint inherent in the presentation of accounting information.
w=10, r=25. The price of output is constant at $50. The production function is f(L,K) = L^.5K^.5.If the current capital stock is fixed at 1600 units, what is L* in the short run? How much profit will the firmearn?
Some years ago, conservation groups paid cattlemen in the Western United States to move their herds away from wild buffalo herds so that the buffalo would have more feed and would not have to compete with the cattle. What is the relevance of the C..
What are the sources of oligopoly power
Explain how natural monopolies cause market failure? How is the deadweight loss associated with this form of market failure measured?
Construction workers frequently sponsor political lobbying in support of greater public spending on highways and public buildings and A third degree price discrimination can be applied to which of the following market structures?
You have been asked to create a PowerPoint presentation on a training method for executives at an organization you currently work for or an organization you wish to work for in the future.
A negative supply shock (a huge natural disaster or significant energy price spike) would do what to the short-run Phillips curve? To the long-run Phillips.
Define and explain the relationship between total revenue, average revenue, and marginal revenue for a monopolist. What is monopoly profit Should a monopolist produce quantities of product greater than which would maximize profiits
A person buys a piece of property for $ 3,000. The payment scheme calls for a $1,000 down payment now and $ 99.80 monthly payments for 24 months. What are the monthly effective rate, nominal rate, and effective interest rate?
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