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A woman made 10 annual end-of-year purchases of $1000 worth of common stock. The stock paid no dividends. Then for 4 years she held the stock. At the end of the 4 years she sold all the stock for $28,000. What interest rate did she obtain on her investment?
In the typical signalling model, it is assumed that the costs of acquiring an education are higher for low-ability than for high-ability workers. Suppose that the government steps in and subsidizes low-ability workers for the higher costs they incur ..
In recent decades, trade has been growing faster than income for many countries. What combination of trade effects is sufficient for this to come about? Is this behavior consistent with the Rybczynski theorem? Under what circumstances?
If marginal cost is below average variable cost:
During the beginning of the 21st century, the growth in desktop computer sales declined for the first time in almost two decades. As a result, PC makers dramatically reduced their orders of computer chips from Intel and other vendors. Explain why com..
Using a market or industry as an example, explain how the Prisoners' Dilemma game helps explain observed (real-world) behavior among oligopolistic firms.
The classical economists believed that our economy was always at full employment or tending toward full employment. If our economy were operating below full employment, what would happen, according to the classical, to move the economy back toward fu..
q1. estimate the malthusian population momentum treatise to the current 3rd world population growth crisisq2. home is a
Julio receives utility from consuming food (F) and clothing (C) as given by the utility function U(F,C)=FC. In addition, the price of food is $2 per unit, the price of clothing is $10 per unit, and julio's weekly income is $50. What is julio's margin..
Suppose the marginal cost to produce a good is $10. There is only one person who is willing to purchase the good, and she is willing to pay $90 for one unit. According to the particular two-part pricing scheme from Lecture 3, an access price will be ..
Which of the following is not a valid generalization concerning the relationship between price and costs for a purely competitive seller in the short run?
Write down an expression describing total income from tickets plus popcorn plus other concessions. Forecast total incomes for regular also special Tuesday-night pricing.
Describe the characteristics of each of the following trade blocks. Be certain to explain the ways in which they are the same and the ways in which they differ.
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