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Cost of a part increases by 3$ every 6 months. If the cost for the first semiannual period is expected to be $85, what is the present worth of the cost for a 4-year time period at an interestrate of 1% per month?
When the price of pears fell to $3, what part of the change in Sarah's demand was due to the income effect and what part was due to the substitution effect?
After the first course in biology or chemistry, many decide to major in something other that the natural sciences. which of the 12 principles is at work here?
A firm employs 8 units of the variable resource. at this level of employment, average product is 2, and average variable cost is $4. Explain how much output is the frim producing.
His parents claimed that hospital doctors administered excessive oxygen to the baby and that this caused the blindness.
a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company.
Explain the multiplier concept as it applies in this case. Illustrate what are the qualifications and limitations of the Multiplier Model.
Illustrate what is the WTO. Briefly describe one trade topic identified by the WTO on the website. And, what did you learn from the Web site about the WTO.
Why was the Teamsters Union so opposed to allowing Mexican truckers to deliver their goods in the United States.
Elucidate why housing is expensive around campus and use the concept of implicit cost to justify students' hesitation to move away from campus.
How would you elucidate the impact of each of the following events on a production possibilities curve for factory and farm goods (you don't need to draw a graph, just describe what would change).
Compute the standard deviation of the return as a percentage over the coming year c) If the risk-free return is 7%, what is the risk free premium for a stock market investment?
Find the Herfindahl index for an industry composed of (a) three firms- one with 70 percent of the market, and the other tow with 20 and 10 percent of the market
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