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Bill has $10 to spend on a Superman, Batman, or an X-Men T-shirt. Bill buys the Superman T-shirt and the Batman shirt was a close second choice. What is the opportunity cost?a. The Batman T-shirt.b. Nothing, since he got his preferred choice.c. The amount he spent, $10.d. The X-Men T-shirt.
What are the three stages of a financial crisis? Briefly explain how each stage played out differently during either the Great Depression or the Crisis of 2008.
Describe the effects of each of the following managerial decisions or economic influences on the value of the firm: 1. The firm is required to install new equipment to reduce air pollution.2. Through heavy expenditures on advertising, the firm's mark..
If you borrow $15,0000 at a fixed nominal interest rate of 7 percent per year. If annual inflation turns out to be 10 percent, what is the real rate of interest?
What is the magnitude of J.R.'s consumer surplus at the equilibrium price and how high must the price of ribs be for Judy to supply 20 ribs to the market?
A project will cost $50,000. The benefits at the end of the first year are estimated to be $10,000, increasing at a 10% uniform rate in subsequent years. Using an 8-year analysis period at a 10% interest rate. Compute the benefit-cost ratio.
A fundamental assumption of administrative reformers in the late 1800's and early 1900's was that politics could have only adverse affects on administration. How valid is that belief?
what are the basic objectives of monetary policy? comment on the cause-effect chain through which monetary policy is
The inculcation of these values would ensure the survival of the Republic and the stability of the social order. Mid-nineteenth-century public schools and private colleges were expected to furnish the mind, strengthen the moral character, and prep..
above you see three indifference curves and a budget line.nbsp answer the following questions.a.nbsp if this consumers
What is the present worth of the total 20 payments, occurring at the end of every four months (i.e. the first payment is in four months), which is $400, $500, $600, increasing by a fixed sum. Interest is 12% nominal per year, compounded monthly.
1. of u.s. firms with less than 500 employeesnbsp less than 25 export less than 40 export less than 5 export over 50
A monopolist is about to open a new amusement park. A typical visitor is expected to take Q = 8- P rides, where P is the price of a ride. The marginal cost of a ride is two (MC = AC = 2). Derive the typical visitors inverse demand function, where P ..
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