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Have you thought about starting your own business? What opportunities seem attractive? What type of financial resources and personal skills would you need to launch a new business? How would you obtain these financial skills and personal resources?
If the loan interest rate is 15% (APR) compounded monthly, $150,000 is borrowed and repaid in 36 equal monthly payments. How much of the 30th payment would be interest?
In the long run with free entry and exit, is the price in a market equal to marginal cost, average total cost, both, or neither?
Joe can make apple pie at a lower opportunity cost than Sandy but Sandy can make more apple pies per day than Joe. This means that
What is the cost function associated with producing y units of output? Assume now that input prices are (w1,w2). What is the cost function associated with producing y units of output?
q.a country home is populated with workers who produce either food f or clothing c. there are 200 workers producing
In a free market, assuming that the expectations of buyers and sellers are accurate, every transaction should involve... Consumer surplus and producer surplus, Consumer surplus or producer surplus, but not both
Explain how Democratic is it to support an unelected judiciary. Defend your argument for or against the election of federal judges and Supreme Court justices.
How much would you be willing to pay for this security if he market interest rate is 6%? Suppose that you have just purchased the security, and suddenly the market interest rate falls to 5%. What is the security worth? Suppose that one year has elaps..
The quantity of beef demanded and supplied is related to the price of beef. Given that the demand function for beef is q = √306.25 − p + 2.5 and that the inverse supply function for beef is p = 76 + 3q, where q is the number of kilograms of beef dema..
Explain how does the price elasticity for flu vaccinations change in times when flu is more prevalent versus times when flu is less prevalen.
The cost of the grapes may be as much as 60% of total production costs but varies greatly from lower-quality inexpensive wines to the highest quality wines.
If your taxable income is $100,000 and state tax rate is 6% and federal tax rate is 34%, how much federal tax do you owe? A truck has a cost basis of $70,000. It has a total life of 150,000 miles with a $10,000 salvage value. You drove 50,000 miles i..
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