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a bank is offering a loan of 12000 with a yearly interest rate of 12 compounded monthly and payable in 48 monthsa
a large wood products company is negotiating a contact to sell plywood overseas the fixed cost that can be allocated to
patrick enjoys consuming chocolate but really detests broccoli describe the shape of patricks indifference curves for
two alternative designs are under consideration for a tapered fastening pin the fastening pins are sold for 070 each
consider the following short-run production function q 5l2 minus 13l3a derive a marginal product of laborb derive an
quotation marksmdashright or wrongi donrsquot know why he uses lsquoliterallyrsquo when he means lsquofigurativelyrsquo
the manager of a vacation resort has claimed that on average a guest spends at least 1600 at the resort during a one
1 true false uncertain explain whya in the solow growth model a higher savings rate is a good way to get higher gdp and
in 2014 thomas piketty came out with a popular book ldquocapital in the twenty-first centuryrdquo in it was a model not
the cobb-douglas production function is given by y akalphal1minusalpha where 0 lt alpha lt 1does the cobb-douglas
explain the elements of the estate tax formuladescribe the interplay between gift and estate taxesdescribe strategies
suppose michelle makes a trip to a candy store where she intends to purchase two goods gummy worms g and donkeys d her
for each of the following use the concept of revealed preferences to rank the two bundles of goods if you cannot rank
the cobb-douglas production function is given by y akalphal1minusalpha where 0 lt alpha lt 1a define a k and lb what
health economics questiona based on ruhmiacutes paper on recessions and health what are the age group where mortality
why was the xerox corporation chosen to be in the top 100 what has been the companys history as rewards outsourcing as
consider all of these statementsa monopolistically competitive firms short run profits must necessarily be zerob
suppose that omarrsquos marginal utility for cups of coffee is constant at 55 utils per cup no matter how many cups he
consider a random variable x sim n 8 16a if x macr is the sample mean obtained from a random sample of 25 draws from
for each one of the costs below explain whether the resource cost is explicit or implicit and give the annual
car a initially costs 500 more than car b but it consumes 004 gallonmile versus 005 gallonmile for b both vehicles last
suppose that the total revenue received by a company selling basketballs is 840 when the price is set at 30 per
suppose there are two goods being produced in the economy robots and wheat robots are a capital intensive good and
all stratified societies have groups of individuals that do not produce but still receive a lsquocutrsquo of the social