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Question: A road costs $450,000 to build and $12,000 per year for street cleaning. The road is re-striped every 2 years for $28,000 and repaved every 10 years for $290,000. Assume that the road will last 60 years and that the interest rate is 8%. How many users per year are needed to justify the road if each trip is valued at $2? Assume re-striping cost not included in repaving cost.
Reflect on what you have learned about catch-up theory and policies that have facilitated growth to identify two or three countries and/or special administrative regions that have experienced economic growth due to effective governance. Describe w..
A perfectly compeitive market has 11 identical firms. The 11 firms have marginal cost of: MC = 2.6q + 5.4 Market demand: 59 - 4.5P
Why did the Federal Reserve use QE and what is its purpose? How does monetary policy work. How do money and taxes affect the AD and AS curves.
President Obama recently agreed in December with Republicans in Congress to extend existing tax cuts that were scheduled to expire December 31 and to create new tax cuts as well. Meanwhile, recent reports suggest that the economy may expand more.
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
How do you feel this has impacted the range of choice you have in radio stations? Did government deregulation cause the creation of monopolies? Why or why not? How are natural market forces and other economic factors changing or not changing your ..
I am planning giving a patent for a new drug. The public demand is given through: P=120-10Q, where Q is quantity of the drug and P is price. If the marginal cost of production is given by MC = 2Q,
Categorize type of economy that exists in your selected country as closed, mixed, or market. Evaluate any competitors' existing production in chosen country.
Suppose you are an executive director of the top management team of an American multinational.
Show a graph of the supply of the supply and demand curve for Money and make sure you correctly label the horizontal and vertical axis (what is it) is above equilibrium, what is the adjustment mechanism that will bring us to equilibrium
Each month, an airline sells 1,500 business-class tickets from London to Paris at $200 a ticket, and 6,000 economy-class tickets at $80 a ticket. Use this information to construct the demand curves of business travelers and tourists respectively, ..
Michael can buy either pizzas or submarine sandwiches. If the prices of pizza and submarine sandwiches double and Michael's money income triples, we can conclude that Michael's budget constraint will
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