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Your cat just won the local feline lottery to the tune of 3000 cans of "9 Lives" cat food (assorted flavours). A local grocer offers to take the 3000 cans and in return, supply 30 cans a month for the next 10 years. What rate of return, in terms of nominal annual rate will you realize on the deal? (Compute to the nearest 0.01%)
suppose your firm produces olive oil in a perfect competitive market and is currently earning zero economic profits.
Why do public goods demonstrate the limitations of a free market economy. they allow consumers to make all of the economic decisions or else.
A firm in an oligopolistic industry
question a discuss the following statement in the real world there is no industry which conforms precisely to the
a. suppose your local congress representative suggests that the federal government should not intervene in the
1. you are the manager in a market composed of five firms each of which has a 20 percent market share. in addition each
The owner of a flower shop needs a short-term loan to tide her business over until she completes the sale of some unused property.
Machine A was purchased 3 years ago for $10,000 and had an estimated market value of $1,000 at the end of its 10-year life. Annual operating costs are $1,000. The machine will perform satisfactorily for the next seven years. A salesman for another co..
Why is there a limit to capital deepening? What roll does government play in economic growth? Why might education, foreign aid, infusion of new machinery, and efforts to stem population growth not imroved the standard of living in a lot of develop..
microeconomics problem price gouging after disastersyour final research paper should be a minimum of four pages and not
If interest rates or opportunity costs investment, happened to be the same in both developed countries and emerging economy nations, what could account for faster upward shifts in the latter group's planned investment functions Are stocks of produ..
Notice the following model of a bond market. In each situation given, describe what happens to the bond price and yield and why. The graph is price of bonds on the vertical axis and quantity on the horizontal axis. With Supply of bonds starting above..
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