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A young chef is considering opening his own sushi bar. to do so, he would have to quite his current job, which pays him $20,000 a year , and take over a store building that he owns a currently rents to his brother for $6,000 a year. His expenses at the sushi bar would be $50,000 for food and $2,000 for gas and electricity what are the explicit costs?
a. $26,000
b. $66,000
c. $78,000
d. $52,000
e. $72,000
Could you explain the "interest rate effect" in terms of the slope of a curve?
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How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?
what causes a shift in the balance of payment?
In 2007, based upon the Survey of Household Spending of 2005, Statistics Canada announced the following weights for the major spending categories tracked by the CPI.
Doesn''t money move out of stock markets into bond? If more people buy bonds does this not push bond prices up and yields down? My question is about this quote from the Gardian tod
Explain whether, the following statements are TRUE, FALSE or UNCERTAIN. Briefly justify your answer. (i) The circular flow shows how real resources and financial payments flow
Now suppose that the archery instructors need a license in order to charge for archery lessons. The license is free of charge, but there are only four licenses distributed. Assumin
I am working on a project for my class and this week discussion is on international trade and exports. what I am needing is the information for the 1970s
what is stagflation
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