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Question: Jean has decided it is time to buy a new battery for her car. Her choices are:
Zappo Kicko
First cost $56 $90
Guarantee period, in months 12 24
Jean believes the batteries can be expected to last only for the guarantee period. She does not want to invest extra money in a battery unless she can expect a 50% rate of return. If she plans to keep her present car another 2 years, which battery should she buy?
What is the law of diminishing returns? Give an example of what the law of diminishing returns implies. What happens when the government raises taxes and uses revenue to engage in spending?
Draw a time line that illustrates the level of GDP per capita in Xandu in 20 year increments for the next 100 years. Draw a time line that illustrates the level of GDP per capita in Yurdu in 10 year increments for the next 100 years. Given your an..
A company establishes a sinking fund for replacement of equipment worth $700,000 that depreciates in 8 years. How much should the company deposit semi-annually into an account that pays 4.25 % interest compounded monthly?
What are the labor force and unemployment rates in 2007? What is the frictional, structural, and cyclical unemployment in 2007? What is the natural rate of unemployment in 2007
In the world of electronics overtime people realized the immense use of having a personal laptop. And at the same time the technology has improved significantly in last decade. In fact the technological improvement has surpassed the increase in willi..
1. roshima is researching universities where she could study for her mba degree. she is considering 3 major attributes
What type of market do you think your franchise operates and What type of competition does your firm face? Who are some competitors? (Even if you said your firm is a monopoly, think of some subsitutes.)
Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,Y) = X*Y UB(X,Y) = 2X + Y The initial endowments are: A: X = 4; Y = 2 B: X = 6; Y = 8
If you were a City Manager, what kind of data or statistics would you like to see before making a decision regarding the purchase and implementation of a body worn camera initiative.
What is Cohort Effect? How to disentangle the "pure" effect of age from a birth cohort effect?
Credit card companies are readjusting interest rates and the amount of annual fees. Should this be allowed or should the Government limit the discretion of the credit card companies. How should the Federal Reserve Bank exercise its authority in this ..
You have enough land to grow one tree. The height of your tree (in feet) equals 100*(square root of age of the tree) ! The cost of cutting down the tree is $0. The interest rate is 4%, and the price of one foot of the tree is $16. a. What is your opt..
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