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One real-world example, each for at least, 8 powers of 10 (similar to what the video illustrated): ? $1 snickers ? $10 Pants ? $100 Video game ? $1,000 camera ? $10,000 motorcycle/dirt bike ? $100,000 buy a condo ? $1,000,000 buy two houses ? $100,000,000 invest in property/real estate 2. How was using currency helpful in your understanding of the powers of 10? Currency was helpful in my understanding of the powers of 10 because it helped me connect an image to the number. The greater the power, the greater the prize. It helped me see the real size of things in space. 3. What possible downside might there be to using currency as a method of understanding the powers of 10?
What will be each workers daily earnings and How many bicycles will each worker assemble per day - Calculate the optimal lifetime incomes W+ and W- the firm will promise the two employees.
A company puts $25,000 down and will pay $5000 every year for the life of a machine (10 years). If the salvage value is $0 and the interest rate is 10%.
Mankiw discusses that if federal authorities suppose responsibility, entire financial system might well become a group of government sponsored enterprises.
The labour- force participation rate of married woman has more than doubled over the last 50 years. One economic influence on this rate was the increase in women's wages over the period. Another economic influence was the increase in men's wages
Draw the social marginal benefit curve for society as a whole. Determine the theoretical optimum level of national defense to provide. Why in practice will no one reveal their preference if the payment scheme in (c) is adopted.
Is Publix the monopolistic competition, oligopoly, monopoly, or perfect competition? Justify your classification of firm and employ the characteristics and features of the different market structure to determine which market structure to classify ..
Develop a personal Aim statement for something in your own life. The statement should include what, for whom, when, how much, and a full statement.
EC 365 Boston University comparing counties with more and less erosion. What are the two classic adaptation responses to a climate disaster that Hornbeck
What is foreign aid and what is the goal of foreign aid? Does foreign aid promote economic development? Explain briefly. Your response should be at least 75 words in length.
Explain the environmental Kuznets curve. What does it show? How is it constructed? Is it really useful in predicting the path of environmental d degradation and recovery an hypothetical country is on?
What number of workers appears to minimize the marginal cost of pizza production assuming that each pizza worker is paid $500 per week - Describe and derive an expression for the marginal cost curve.
Suppose you run a manufacturing business that is involved in manufacturing and selling a single product. The fixed cost to run the business is $15,000 and the constant marginal cost is $7.50 per unit. The sale price of your product is $15 per unit.
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