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Assume you own a factory and you could expand it for $50'000 to produce an additional $20'000 worth of output for 3 years (3 payments, the first one after one year).
a. If the interest rate is 10% should you do the investment?
Distinguish between explicit and implicit costs, giving examples of each. What are some explicit and implicit costs of attending college?2. Distinguish between accounting profit, economic profit, and normal profit. Does accounting profit or econ..
For this hypothetical economy, what were the three major issues of concern in 2009 AND What is the relationship between these three variables, that is, how does one affect the other?
Unable to borrow from other banks, University Bank is forced to turn to the Federal Reserve for needed funds. What is the interest rate the Federal Reserve will charge University Bank called?
What is each orchard's labor demand as a function of the daily wage W? What is the market's labor demand? Ectenia has 200 workers who supply their labor inelastically. Solve for the wage W. How many workers does each orchard hire? How much profit ..
The economy produces only one good, FatBit. The economy produced 5,000 units of FatBit during Year 1 and 7,000 units of FatBit in Year 2. The price of each unit of FatBit in Year 1 was $100 and it was $200 in Year 2. Suppose Year 1 is taken as the..
Select a video from https://www.brighttalk.com/ in the security section. You may also use other sites but the video must be publicly available and should be from a credible source. Do not use amateur videos from YouTube. You may choose a video rel..
Why do medications cost so high in the U.S. compared to other countries? Should individuals be allowed to purchase medications over the Internet?
Explain how do high inflation rates affect the exchange rate of a country in the short and the long run.
Assume that an iPad in the US is $500 while in Switzerland it costs 400 Swiss Francs. Suppose the nominal Swiss Franc/Dollar exchange rate is 1.1 Swiss Francs per Dollar.
Find out average fixed costs when the firm produces 50 widgets per day. Find out average total and variable costs for producing 49 widgets.
however many critics contended that this sequester measure is only temporary and too small given the 4t us government
Explain how one of the components of the GDP would help you to predict the amount of inventory to keep in stock if you were the owner of a retail store and were placing a merchandise order for the next few months.
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