To derieve the cost of keeping maintenance

Assignment Help Macroeconomics
Reference no: EM13197539

Say your parents give you a car for your birthday. It is not the new model you wanted, but it's in very good condition. They bought it used for $15,000 market value. The cost of keeping the car to you is not counting maintenance and operation cost is:

Reference no: EM13197539

Questions Cloud

Percentage change in monthly payment : Are either of the caps violated and what is the percentage change in monthly payment from year 1 to year 5?
Ethical challenge in hiring non cpa''s : write a paper explaining issues that bring concern to pricing your services and products. what ethical challenges will you face in hiring non CPA's.
Find articles about problems in education or economics : What is a specific problem facing the United States Congress where would I be able to find articles information about problems in education.
Explain the concept of opportunity cost : Using the concept of opportunity cost, explain why in developed countries with higher average incomes there is more support for costly environmental controls.
To derieve the cost of keeping maintenance : Say your parents give you a car for your birthday. It is not the new model you wanted, but it's in very good condition.The cost of keeping the car to you is.
Demonstrate the charging of optimal price for the product : Suppose a firm has a constant marginal cost of $10. The current price of the product is $25, and at that price, it is estimated that the price elasticity of demand is -3.0.
Explain short-run total variable cost : Suppose you are to specify a short-run total variable cost function for a nursing home. Explain the variables you would include in the function.
To improve the standard of living : To improve its standard of living, a nation’s economy must  remain stable, grow through innovation or else.
To estimate the coefficients mean : You have been hired by a local used car dealer to help in their pricing of used cars. then what the estimated coefficients mean for each of these regressions.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Simple keynesian consumption function

Why would the simple Keynesian consumption function predict that this strategy would work and the nominal interest rate cannot fall below zero. What might the Fed do to try to achieve the optimal real interest rate you calculate in Part b?

  Production possibilities curve for medical services

Draw a bowed-out production possibilities curve (PPC or PPF) with an aggregate measure of medical services, Q, on the horizontal axis and an aggregate measure of all other goods (and services), Z, on the vertical axis.

  Make confirm you continue to use the correct terms

Illustrate elastic or inelastic. Make confirm you continue to use the correct terms when considering changes in price

  Determine how many doses of the drug to produce

The company has already spent $150,000 on research and development for the drug. The first round of clinical trials has been performed cost $75,000 and the results from the trials were promising. The company is considering whether to proceed with ..

  Explain how does the leontief paradox challenge the overall

Explain how does the Leontief paradox challenge the overall applicability of the factor-endowment model.

  Explain how can a domestic market be protected

Explain how can a domestic market be protected. If a country had protected domestic market, what would be the likely effect on its balance of trade.

  Production function

Consumption per capita as a function of ? and s. e. Golden Rule consumption if ? = 10%. (Hint: Find the s that maximizes consumption)

  Strategic Interaction of Micro-credit programs

How many economic activities can be seen in this particular market? Which specific goods/services are related with these economic activities?

  Draw a indifference curve and degree of substition

Draw a indifference curve and degree of substition betweem goods: When the two goods are imperfect substitudes for each other, and assuming diminshing marginal rate of substitution.

  Elucidate why population growth has such a negative impact

Elucidate why population growth has such a negative impact on economic growth in the Malthusian and Neoclassical growth models.

  Illustrate what effect a contractionary fiscal policy

Illustrate what effect a contractionary fiscal policy have on the price level and real GDP.

  Understanding the international macroeconomy

Understanding the International Macroeconomy, According to the Solow growth model, there are two reasons why an increase in total factor productivity leads to an increase in output. What are those two reasons?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd