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Over the past 6 months Heads-Up Hair Care, Inc., has normally had sales of 500 bottles of A-6 Hair Conditioner per week. On the weeks when Heads-Up ran sales on its B-8 Hair Conditioner, cutting the
You are going to buy a milling machine for your company. The company borrows money to make the purchase and the loan terms are 9% per year, compounded monthly while making quarterly payments for 10
Use the information in the following table, which summarizes the payoffs (i.e., profit) to two firms that must decide between an average. Referring to the table above, is this an example of a prisone
Nancy Lerner is trying to decide how to allocate her time in studying for her Economics course.There are two examinations in this course. Her overall score for the course will be the minimum of her
Assume an economy with a coal producer, a steel producer, and some concumers (no gov.) in a given year, the coal producter produces 15M tons of coal and sells it for $5 a ton. the coal producer pay
An individual wishes to deposit an amount of money now and $100 every six months so that at the end of five years $1,500 will have been accumulated. With interest at 4% per year, compounded semiannu
A homeowner pays $18,000 for a 3.0 kWpeak solar photovoltaic system. They get a one-time upfront $2 per Wpeak utility rebate immediately. After the first year, they get a 30% federal tax credi
Five separate projects have calculated rates of return of 7, 11, 15, 18, and 20 percent per year. An engineer wants to know which projects to accept on the basis of the rate of return. She
A drug company has a monopoly on a new patented medicine. The product can be made in either of two plants. The total costs of production for the two plants are given by c1(y1) = 20y1 + y1^2 and c2(y
Upon entering college, Meena borrowed the limit of $5000 on her credit card to help pay expenses. The credit card company charges 19.95% annual interest, compounded continuously. how much will meena
Suppose that the residents of Vegopia spend all of their income on Cauliflower, broccoli, and carrots. In 2008, they buy 100 heads of cauliflower for $200, 50 bunches of broccoli for $75, and 500 ca
Qd= 100-10P(buyers) Qs= 15P(sellers)Equilibrium Price and Quantity respectively are 4 and 60. Suppose an excise tax of $2.00 per unit is placed on the sale of this good.
What does Gunder Frank provide as evidence of a Sino-centric world between 1500 and 1800 What was meant be the Columbian Exchange and how did this contribute to the Rise of the West
Suppose that the demand function for apartments in a competitive market is initially D(p)=40-2p and there are 10 apartments. However, after observing how profitable it is to rent apartments, owners
Suppose that the demand function for apartments in a competitive market is given by D(p)=200-10p. If there are 20 apartments available, compute the equilibrium price and quantity of apartments.
You deposit today $1500 in an account that pays 1.7% per year. For the next few years you will keep making deposits 8.4% larger than the previous one. What will be the balance on the account after 6
a hospital emergency room needs the following numbers of nurses: Day Mon. Tue. Wed. Thur. Fri. Sat. Sun. Min no. 4 3 2 4 8 6 4Each nurse should have two consecutive days off.
David Christopher is an orthopedic surgeon who specializes in three types of surgery hip, knee, and ankle replacements. the surgery mix is 40 percent hip replacement, 50 percent knee replacement, an
An experiment involves rolling two, six-sided dice. A trial consists of tossing two other. There are 36 possible outcomes for each experiment, so what is the probability of rolling a score of 10 or
The cost of capturing and storing all CO2 produced by coal-fired electricity generating plants during the next 200 years has been estimated to be $1.8 trillion. At an interest rate of 10% per
Coal-fired power plants emit CO2 which is one of the gases that is of concern with regard to global warming. A technique that power plants could adopt to keep most of the CO2 from entering the air i
assuming elasticity is linear and a plane flight holds 310 seats a load factor of 70 mean 70% of the seats are filled. a load factor of 72 means 72% of the seats are filled. what price would it take
Linda loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the number of times she goes dancing per month, T, is U(S,T) = 2 ST. What is her marginal utility fro
"suppose you could buy a three year bond for $1078.73 that had a face value of $1000 and paid a coupon rate of 10%. What rate of return would you earn if you bought this bond
A coal mining company has a supply curve of W=48 + (72/2000)L and Demand of P= 60- (9/4000)Q. coal miners produce 8 tons of coal a day. they max profit. How many workers will be hired.