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Beth and Bob Salerno are looking at a home loan of $250,000 and have been quoted 3.75% for a 30 year loan compounded monthly. a What will the monthly payment be (assume no fees in the mortgage)? b How much principle will be paid in the first 10 years? c What will the remaining principle be after 20 years of payments?
What is an "oligopoly" and why do they exist? Mention three or four oligopolies whose products you own or regularly purchase.
The daily load factor of a given entity is defined as the total daily energy served to that entity divided by theproduct (peak demand)*(duration of the time interval). For a daily load factor, the duration of the time interval is 24.
1. what types of things do you need to consider if you want to change your default electives? what resources will you
two consumers justin and cindy of the same product have the following demand curves q1 500 - 10 p and q2 500 - 20 p.
Does an increase in the average annual labour income imply that the individual worker's labour income has increased and
The demand and supply equations in a market are given as Q = 30 - 2P and Q = 10 + 2P. If the government imposes a tax of $0.50/unit on the suppliers,
From an economist standpoint, why might there be more research, development, and innovation occuring in oligopolistic market structure than in any other?
Last week a there was a general strike of labour union demanding increase in their salaries.You are requested to investigate from a sociological point of view
1. describe some healthcare situations in which an agent has taken advantage of a principal. now describe some
A constant cost, perfectly competitive market is in long-run equilibrium. At present, there are 1,000 firms each producing 400 units of output. The price of the good is $60. Now suppose there is a sudden increase in demand for the industry's produ..
The cost of other variable inputs is $2,000 per day. You are told that the firm's fixed cost is high enough so that the firm's total costs exceed its total revenue.
Canada, Mexico, and the United States have a free trade zone. What would be some of the advantages of having a common currency as well? The disadvantages? Do you think it would be a good idea? Why or why not?
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