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What is creative destruction? Is it important to the economic development? explain why this practice is not important and rather waste of resource.
Describe your educational goals and share personal information as directed by your instructor and to the extent that you are comfortable.
Suppose you borrowed $10,000 at an interest rate of 12%, compounded quarterly over 36 months. At the end of the first year (after 4 payments), you want to negotiate with the bank to pay off the remainder of the loan in 4 equal semi-annual payments. W..
Suppose that you are having a discussion with a manager from a profit-maximizing firm about choosing the appropriate level of output for his firm. what would you tell this manager about his approach to choosing his business’s output level, ceteris pa..
In Saint Louis, Missouri, the demand for new houses is given by 320 - 2x while the supply for new houses by 20 + 3x, where x is the number of new houses per yea
Eli Lilly owns the patent to Xigris, which is the only approved drug for the treatment of sepsis. Sepsis is a severe illness caused by a bacterial infection, wh
illustrate what way is Per Capita GDP a better measure of economic well being than GDP. How does this relate to economic problems in the undeveloped world.
From California to New York, legislative bodies across the United States are considering eliminating or reducing the surcharges that banks impose on noncustomers. what would be the no pecuniary cost of legislation that would place a $1.50 cap on the ..
Based on the information provided in the preformed statement attached below, compute the Net Present Value, the Internal Rate of Return, the Cash Payback and the Accounting Rate of Return (CO 6). (Hint: Depreciation is not a cash item)
John Adams is the CEO of a nursing home in San Jose. He is now 50 years old and plans to retire in ten years. He expects to live for 25 years after he retires, that is, until he is 85. He wants a fixed retirement income that has the same purchasing p..
Suppose the demand curve for a public park is Q = 80 –2p, where Q is the number of visitor-days and p is the entry price. The marginal cost of operating the park is MC = 10. What is the efficient level of entrance fee and the number of visitors at th..
When a industry's marginal revenue product equals the income rate, marginal revenue also equals marginal cost.
A TV station is considering the sale of promotional videos. It can have the videos produced by one of two suppliers. Supplier A will charge the station a setup
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