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Toby can produce 5 gallons of apple cider or 2.5 ounces of feta cheese per hour. Kyle can produce 3 gallons of apple cider of 1.5 ounces of feta cheese per hour. Can Toby and Kyle benefit from special
Where does e-garbage go? i.e. Unwanted and outdated computers, monitors, DVD, cell phones. etc.. What is the effective approach to control it? Pls explain in two paragraph.
Suppose that unusually hot weather in summe causes the demand curve for ice cream to shift to the right. Why will the price of ice cream rise to new market-clearing level?
Choose an organization that has a high fixed cost and low variable cost balance to run its operations. Discuss the balance of fixed and variable costs for the organization. How has the Internet change
Sp represents personal savings. This money does not go into the economy. So why is it counted in this formula?
A price change causes the quantity demanded of a good to decrease by 30 percent , while the total revenue of that good increases by 15 percent. Is the demand curve elastic or inelastic ? Explain?
What equal annual deposits must be made at t=2,3,4,5,8,9 and in 10 in order to accumulate $40,000 at t=15 if money is worth 10% compounded annually?
Mr.Fritz wishes to purchase a bond having a face value of $1000 and a bond rate of 8% payable annually. The bond has a remaining life of 12 years. In order to earn 10% rate of return on the investment
If the demand of corm increases do to it use as an altenative engery source, what will happen to supply of corn substitute such as soybean? what will happen to the price of corn oil?
Suppose that annual income from a rental property is expected to start at $1,300 per year and decrease at a uniform amount of $50 each year after the first year for the 15 year expected life of the pr
On January 1, 2007, Shaffer Co. purchased inventory for $1,000 cash. These goods were sold on April 30, 2007 for $1,400 cash. The company can currently earn 3% interest on an account at a bank.
Suppose a competitive market consists of identical firms with a constant lon-run marginal cost of $10. (There are no fixed costs in the longrun) The demand curve is given by q=200-p
Do you advocate an active or passive policy approach? Why? Why might an active policy approach be more popular than a passive approach, especially during a recession?
Why does a temporary increase in the real wage increases the amount of labor supplied, but a permanent increase may decrease the quantity supplied. Condiotions of this too happen too.
What are the relationships between these basic units? How does a circular flow diagram illustrate these relationships?
What if The heuser company currently outstanding bonds have 10percent coupon and a 12 percent yeild to maturiity and a mariginal tax rate of 35 percent what is the after tax cost of debt?
Suppose the government spends more on building new infrastructure. Assume that the new infrastructure projects are useful and make the economy more efficient. What is the effect on the long-run level
"Anjali and Sanu are married, and Sanu is the breadwinner. Anjali provides 4 non-market hours of service daily, and her productivity at home is $15. Sanu's earnings are $20/hour, and his productivity
Suppose two parties agree that the expected inflation rate for the next year is 3%. Based on this, they enter into a loan agreement where the nominal interest rate to be charged is 7%. If inflation fo
Suppose you purchase a 3-year, 5-percent coupon bond at par and hold it for two years. During that time, the interest rate falls to 4%. Calculate your annual holding period return. Assume that the cou
If the price of a one bedroom apartment in Washington DC is currently $1000.00 per month is there a shortage or surplus of apartments if the equilibrium point is price $1100.00 and quantity of apartme
If the price elasticity of demand is 2 in absolute value, then when the price of a good x rises 25% the correct answer is the greater demand of good falls by 50%. Can you explain how they got thi
If the elasticity of demand for spring break packages to cancun is -5 and if you notice that this year in cancun the quantity packages demanded increased by 10% then what happened to the price of canc
The value of a home depends in part on how attractive other homes and yards in the neighborhood are. How do local zoning ordinances try to promote land uses that generate external benefits for neighbo
If an alternative has monthly payments of $10,000 a month for three years with a purchase price of $75,000 at the end of year three, what would the cash flow diagram look like?