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What are the three basic economic questions? How are decisions made differently in a market economy than in planned economies?
Mario and Claudia deposit $100 into their joint account at the end of each month. If their account earns 7 percent/year/year/month (7 percent per year compounded quarterly), how long will it take them to have a total of $15,000 in their account
Find the Nash equilibria of this game, considering both pure and mixed strategies.
A decision must be made on which fuel to use. An analysis of costs shows that the installed cost, with all controls, would be at least for natural gas at 30000, for fuel oil it would be 55000, and for coal it would be 180000.
When might it be a bad idea to use the PPP theory in this way?
Describe and derive an expression for the marginal cost (MC) curve. Why would marginal productivity decline when you hire more workers in the short run after a certain level?
The company will make the move when its real estate sinking funds has a total value of $1.2 million. If the fund currently has $400,000 and the company adds $50,000 per year, how many years will it take for the account to reach the desired value.
Why is producer surplus maximized under perfect price discrimination?
what is the case against an increase in the gas tax to the European level?
use the following equations for demand and supply to solve for market equilibrium price and quantitydemand qd 100 -
Show the payoff matrix for the two drivers engaged in this game of chicken. Determine the Nash equilibria for this game.
What are the differences between the following three pricing strategies: block pricing, segmenting, and quantity discounts?
For tests of balances, what are the major account balances in the balance sheet need to be examined. Why are these tests important?
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