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Question: A man borrowed $750 from a bank. He agreed to repay the sum at the end of 3 years, together with the interest at 8% per year. How much will he owe the bank at the end of 3 years? We know that a certain piece of equipment will cost $150,000 in 5 years. How much must be deposited today using 10% interest to pay for it?
If the firm wants to spend $8,000 on labor and capital, what is the maximum output it can produce? How many units of L and K does it employ?
Please compare GDP, GDP per Capita and HDI for Egypt, USA, China, Turkey and Brazil for the last five years trying to explain the difference in each country's performance
Explain to your friend why you think economic efficiency needs to be integrated into her study and describe how she could do so. Since she is working on her proposal.
A friend of yours just bought a new sports car with a $4500 down payment, and her $27000 car loan is financed at an interest rate of 0.50 percent per month for 48 months. After 2 years, the "blue book" value of her vehicle in the used car marketplace..
Drawing Conclusions Use a graphic organizer like the one below to illustrate what will happen to supply in each of the situations provided.
how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
Each of 50 golf clubs in the Niagara Region has a demand for generic advertising of Q = 200 - P. Ads cost $3000 each. How many ads will the clubs want to purchase as a group?
Draw the PPF - Find the equation of the PPF and Find the opportunity cost of 1 S in both the US and Japan.
What types of paid advertising can you purchase through this platform? How is the advertising priced? Do you pay for a placement, pay for impressions, pay for clicks, or pay for performance?
Assume each worker is paid $10 per hour and works a 40-hours week. How many workers should the firm hire if the price of the output is $ 10? Suppose the price of the output falls to $7.50.What do you think would be the short-run impact on the firm..
The Wall Street Journal once reported on dating services, noting that the fees were $300 for men and $250 for women. The owner of the service said the difference in fees was to compensate for inequalities in pay scales for men and women
Consider an HMO with a demand curve of the following form: Q=100-2P. Suppose that its marginal and average costs were $20. If the firm maximizes profits, determine its price, output, and profits. If the firm must act as a perfect competitor, in the l..
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