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Assume monthly car payments of $500 per month for 4 years and an interest rate of 0.5% per month. What initial principal or PW will this repay?
What is meant by the term balance of payment? Why is it difficult to solve international economic problem in the short run? Define the term strategic planning.
In a market economy, every resource will tend to be paid according to its marginal product. Highly productive resources will command high prices, whereas less productive resources will command lower prices.
Suppose the domestic demand of corn in country Y can be represented by the equation QD = 80 – 2P and the domestic supply by QS = -10 + P. The world price of corn is $35. How much are the consumer surplus and producer surplus if the country is in aut..
Hannah and Sam run Moretown Makeovers, a home remodeling business. The number of square feet they can remodel in a week is described by the Cobb-Douglas production function. Q=F (L,K) Q=10L0.5K0.5 where L is their number of workers andKis units of ca..
The sales revenue in the agricultural sector is $120, the earnings of labor in the agricultural sector is $70 and the earning of capital in the agricultural.
Charles Smith is a senior production engineer who has worked for 18 years since he graduated from college. Yesterday in the mail, he received a report from the U.S. Social Security Administration. Charles never thought much about social security; he ..
If the earnings per share last year, Eo, were $2.00 per share and the cost of equity is 10 percent, then what should be the current price of XYZ company stock?
Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level.
ABC collects 16 percent of its sales in the month of sale and the remainder is collected in the following month.
Historical data suggests that in the athletic shoe industry, the price elasticity for shoes is approximately -0.67. Explain what price elasticity is, and how to interpret the stated elasticity for athletic shoes of -0.67. Using the price of $100 and ..
a. Assume that the interest rate is 5%. What is the price of the bond? (Please show me work) b. Now suppose that the interest rate falls to 2%. What is the price of the bond? (Please show me work)
Draw supply and demand curves. Show the impact of an increase in demand on the price and quantity exchanged in the market. Show the impact of a decrease in demand on the price and quantity exchanged in the market.
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