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A popular magazine offers a lifetime subscription for $200. Such a subscription may be given as a gift to an infant at birth (the parents can read it in those early years), or taken out by an individual for himself. Normally, the magazine costs $12.90 per year. Knowledgeable people say it probably will continue indefinitely at this $12.90 rate. What rate of return would be obtained if a life subscription were purchased for an infant, rather than paying $12.90 per year beginning immediately? You may make any reasonable assumptions, but the compound interest factors must be correctly used.
Which of the following is likely to make demand more elastic with respect to price? Angela consumes only two goods, x and y. Her income doubles and the prices of the two goods remain unchanged. Assuming that she is a utility maximizer and likes both ..
What are the obligations or debts that a business must pay in cash or in goods and services at some future time because of past transactions or events called and how are they reported?
Calculate the current velocity of money from the Federal Reserve Database (FRED). Using the Weekly, Seasonally Adjusted, M1 Money Stock, Updated: 2015-07-02 and the Quarterly, Seasonally Adjusted Annual Rate, GDP, Updated: 2015-06-24 - posted for the..
Formal written assignment highlighting published current economic events or issues and explain how they relate to theories learned in this course.
What is the average time period for the introduction of a new drug into market? One act passed by the federal government aimed at reducing the monopoly power of patented drugs was. Which drug is likely to be the most profitable for its producer (in t..
Assume , at its present rate of output, a perfectly competitive firm's marginal revenue exceeds both its marginal cost and its average variable cost. To maximize profit, the firm should.
Economists generally believe recessions occur with a slump in investment spending. This is followed by a corresponding slump in consumption spending. Explain why.
Atlas Transportation is considering installing temperature logger in all its refrigerated trucks for monitoring temperatures during transit. If the systems will reduce insurance claims by $40,000 per year for 5 years how much should the company be wi..
A machine costs $1,000,000 to purchase and will produce $200,000 per year revenue. Annual operating and maintenance cost is $50,000. The company plans to use the machine for 10 years and then sell it for scrap for which it expects to receive $50,000...
Public Relations Key Issues and Concerns Research the following types of organizations "Nonprofit, For-profit, Political and Government and International", identify key concerns for each and provide each type of organization. What are some issues tha..
As an engineering manager, you want to recommend an automated robot like the one above for palletizing product in the small manufacturing plant. You also want to go slow and get this tested out over time, then scale up. You see this as a Life Cycle c..
Describe your educational goals and share personal information as directed by your instructor and to the extent that you are comfortable.
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