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Problem: Visit the Long Beach Small Business Development Center website and watch the virtual tour. Write a paper about it's impact on local economy and how Cerritos College students can benefit from it. Please write 1 pages on this information.
What combination of labor and capital would satisfy the input hiring rule that minimizes the cost of production, if the price of labor is $10 and the price
An engineer borrowed $3000 from the bank, payable in six equal end-of-year payments at 8%. The bank agreed to reduce the interest on the loan if interest rates declined before the loan was fully repaid.
your company has just purchased a large piece of property and multiple creditors have a security interest in the
A household splits its $4,000 monthly income between necessity and luxury goods. The average price of necessities is $30 per unit and that of luxuries is $100 per unit. Write the household budget constraint.
A full time student used to earn 30000 in his previous job but now attend a 4 year collage, He paid a total of 15000 in tuition and fees per year. He also took a student loan of 10000 at a annual interest rate of 3% per year and withdrew 14000 in sav..
Suppose velocity is constant and real output grows at 3% per year and money supply grows at 8% per year. Using the Quantity Theory of Money,
Using a real world experience in a free market (not government regulated) to explain a change that occurred in supply or demand as a result of world events that led to the need for a move among two equilibrium states. Describe the process of how that..
Go to Table 1 the Last Word and compute the ratio of average wealth to median wealth for each of the 6 years. What trend do you find? What is your explanation for the trend?
Assume that, at a price of $1.50 per gallon, each individual consumer would demand 50 gallons of soft drinks. The U.S. population in 1997 was 267 million. From this information about the individual demand schedule, calculate the market dema..
Imagine you are one individual looking to purchase some of the only two goods in your economy, cherry pies and coffee. How many coffee cups do you purchase
Explain how the circular flow diagram relates to the current economic situation. Using the circular flow diagram, explain a way that your family interacts in the factor market and a way that it interacts in the products market.
Why should a company consider expanding globally? What are the alternative tools or strategies for expanding internationally?
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