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problem1 suppose that the profit-maximizing quantity of output for a firm in the competitive textile industry is 1
problem1 a restaurant owner is trying to decide whether to stay open at lunchtime she has far fewer customers at lunch
problemsuppose a firm is operating in a competitive market and is maximizing profit by producing at the point where
problem1 suppose that the manager of a donut shop tells you that he sold 220 donuts today for a total revenue of 220
problemin the market for gold jewelry unlike the market for gold ore products come in a range of designs styles and
problemyou are considering buying one of two types of health insurance you guess that in the next year there is a 1
problemyour savings account currently has a balance of 32300 you opened the savings account two years ago and have not
problemsuppose you run up a debt of 300 on a credit card that charges an annual rate of 12 percent compounded annually
problemif you deposit 500 in a savings account that offers 3 percent interest compounded annually and you dont withdraw
problem1 your bank offers 3 percent annual interest on savings deposits if you deposit 560 today how much interest will
problemback pedal is a bike-rental shop that rents bicycles helmets and other gear by the daya back pedal offers an
problemsuppose the economy is suffering and many people are afraid they will be laid off from their jobs workers would
problem1 julia pays 500 for an insurance policy with an expected value of 120 explain why this is a rational choice for
problema pharmaceutical company is considering investing in the development of a new drug the company stands to make a
problem1 suppose you know that an investment will earn a positive return in the future why is it important to know the
problemyou are considering taking out a two-year loan of 1000 from a bank on which you can pay either compound yearly
problemsuppose your aunt invests 2000 for you you are not allowed to have the money until the original amount doubles
problemcolton has a choice between 100 today and 150 in three months farah has a choice between 100 today and 125 in
problemanna is indifferent between receiving 200 today or 230 in a month what does this imply about her opportunity
problemimagine that faced with budget shortfalls a government changes its current policy of granting tax credits based
problemthe market for grocery-store baggers is a competitive labor market as shown in figure 16p-6 suppose a new
problemsuppose that fast-food chains start using healthier ingredients increasing the demand for fast food and
problemfigure 16p-2 shows the supply and demand for labor in the textile industry in each of the following scenarios
problemsasha has 60 hours a week she can work or have leisure wages are 8houra graph sashas budget constraint for
problemrecently some college alumni started a moving service for students living on campus they have three employees