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Ann has a 48 month installment loan with a fixed monthly payment of $83.81. The amount she borrowed was $3500. Instead of making her 18th payment, Ann is paying the remaining balance on the loan. What is the total amount due to pay off the loan?
During the financial crisis of 2007-2008, the governor of the Bank of Canada expressed concern that the commercial banks were "hoarding" cash rather than extending a more appropriate volume of loans. Why might the banks do this, and what is the impli..
If there is a new breakthrough in manufacturing technology that reduces the cost of producing DVD players by half, what will happen the following Four parts of supply and demand: (1) supply of DVD players, (2) demand for DVD players, (3) price and sa..
Direct investment inflows by foreigners into the United States have been sizable in recent years. How might this net inward movement of capital affect the level and pattern of U.S. trade according to the Heckscher-Ohlin model? The level of world outp..
Drezner mentions that in this current era of globalization, the international relations community might need to develop brand new theories to explain global governance, rather than relying on theories that took hold in the latter part of the 20th ..
List and describe the business drivers behind choosing a particular operating system. What factors might influence IT to choose between open systems versus proprietary systems versus server operating systems?
Mathematical Oligopoly Problem. Suppose a duopoly is operating using the following information. The firms are denoted Firm a and Firm b. Use the Cournot solution method to find the output-reaction equations for both firms.Use the Cournot solution met..
The simple case of a fixed per-unit tax is indicative of more complicated ones. Consider a proportional sales tax and a progressive sales tax.
An injection molder is purchased for $500,000 for a large scale commercial operation. Its expected life is production of 2 million plastic wheels. Its salvage value is $1,000. Using the units of production method, calculate the depreciation rate per ..
The Coase Theorem is significant because it. shows that it is crucially important how property rights are assigned. demonstrates that there are no transactions costs involved with correcting externalities.
Compare the strategic role of domestic transportation within the United States and the strategic role of international transportation. How do strategic concerns impact the firm, and how might a firm respond in practice?
In what sense, if any, are people in poor countries trapped by poverty? Contrast the views of Sachs, Easterly and Banerjee and Duflo. Be sure to explain the views of the various authors using supporting evidence from the relevant texts. Which argumen..
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
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