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Theres two products: "safe cars" and "dangerous cars" a. are these two products substitutes or compliments? b. if new research makes it easier to produce safe cars, what happens to the supply of safe cars? What will happen to the equilibrium price of safe cars? c. now that the price of safe cars has chafed, how does this impact the demand for dangerous cars? d. in a free market, as engineers and scientist discover new ways to make cars safer, the number of dangerous cars sold will tend to...?
Whenever there is an outflow of funds from any of the balance of payments accounts, it is recorded as a __________ , and called _______ .
The competitive rental rate of machines (capital) is the sum of forgone interest and depreciation costs the machine’s owner must pay for one period. In the case of machines that do not depreciate, the competitive rental rate of machines (capital) is..
q. the owners of a small manufacturing concern have hired a manager to run the company with the expectation that he
Lone Star Industries offers online automobile Insurance to preferred risk drivers in the state of Texas. The company is the low cost provider of insurance in the market with fixed costs of $18 million per year, plus variable costs of $750 for each dr..
Consider a numerical example using the Solow growth model, suppose that F(K,N)=K^0.5N^0.5 with d=0.1,s=0.2,n=0.01,and z=1, and take period to be a year. Determine capital per worker, income per capita, and consumption per capita in the steady state. ..
Mary Carey, a clever 3360 student, has borrowed $125,000 at 8% from her parents. She is asking Dragon Kevin for $75,000 to start her own business. Kevin requires that the business make a 12% rate of return. If they both agree, what is Mary's before-t..
Suppose that the demand for and supply of bonds both change with the state of the business cycle. In economic expansions, the demand for bonds is given by the equation D=200+2,000r; and the supply is S=500-1,000r. Given these equations, what is the e..
One requirement of this course is for you to write a briefing paper on the macro economy of a country of your choice, other than the United States. You do not need to pick a particular “type” of country: every country has a macroeconomic history and ..
Give an example of how an organization may use household data and individual data as part of their CRM strategy. How would these data sets affect their marketing strategy?
Consider a free market with demand equal to Q= 1000 – P and supply equal to Q = 20P. What is the equilibrium price and quantity?
q.you are watching national news broadcast with your parents. the news anchor clarifies that the exchange rate for the
A capital asset has first cost of $10 000 and it depreciates at 10% rate annually. Operating costs over the next four years are given below: Year Operating costs, $/yr 1 1800 2 1600 3 3800 4 3000 Operating costs are expressed in actual dollars. Calcu..
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