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The price of a used Ford SUV has fallen from $6,000 to $5,000, or 16.6%. Over the past year the inflation has been 10%. By what percentage has the real price fallen?
Where Si is the quantity of hospital services supplied by hospital "i" (A or B) and P is the price of hospital services. Note that SA or SB cannot be negative. Identify the market suppl
Explain the social and the economic effects of colonization? How did it contribute the "Price revolution"? Discuss what were the main tenets of bullions /mercantilism?
How can calculate the absolute value of the price elasticity at a price of $ if a price increase from $5 to$7 causes quantity demand to fall 150 to 100?
What happen to the quantity of apples demanded when the own price elasticity of demand for apples is -1.2 if the price of apples falls by5%.
Calculate the future value equivalent to the three annual payments? Assume i = 10%, compounded quarterly, with annual payments of A = 100.
How much will it cost her to produce 70 units of output when the Agatha has a production function 2x1+x and if the factor prices are $8 for factor 1 and $5 for factor 2?
A sample of the monthly amounts spent for food by families of four receiving food stamps approximates a symmetrical distribution.
The production function is given by f(x) =4x^1/2. How much profit will the firm make if it maximizes profit if the price of a commodity produced is $60 per unit and the cost of the input is $20 per
Suppose that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a
What would have to be true about the variation in demand and supply curves for human capital among individuals in the population to accomplish this goal? Explain what types of government policies r
Describe why the prices of Short Term US treasury securities are still high enough to keep the interest low sufficient despite the fact that the US Bond rating has been downgraded from the
Explain what rate of return would be earned by an investor who bought newly issued one year T-bills @ a market price of $94 per $100 of the face value?
Discuss what was the percentage increase in production from 2009 to 2013, and by what percentage did the cost of living rise from 2009 to 2013?
Raying Refinery PCL signed a loan agreement for THB13.2 billion from the Siam Commercial Bank, Thai Bank, TMB Bank and the Government Savings Bank.
Apple Computer sold shares in an initial public offering (IPO) for $22 per share on December 12 of 1980. Since then, the stock has split 2-for-1 three times: June of 2000, June of 1987, and February
Discuss will a monopolist continue to form in the short-run if a loss occurs? Why or why not? Explain what will happen in the long-run?
The Deflation tax and Inflation Stealth Tax Cut the Inflation is a tax on currency. Prices in the UK have risen by the 28.2 % since 2005.
An article in Business Week warned of the dangers of deflation as the collapse of numerous Asian economies was creating worries that Asia might try to "export its way out of trouble" by ov
Smallville is suffering annual losses of taxable properties and the property values of 1% each. Even so, Smallville must sustain its tax collections at a constant value of $3.2 million to maintain
Explain the concept of opportunity cost with example. Discuss what would be your opportunity cost of taking on-line classes to obtain a degree at your University as compared to taking the classes a
Two firms sell identical products, compete by choosing the price at which they sell their product, and choose their prices at the same time in the market for widgets.
Suppose you have just purchased a municipal bond with a $10,000 par value for $9,500. You purchased it instantly after the previous owner received a semiannual interest payment. The bond rate is 6.6
Two firms, A and B, which is having a marginal cost of $50 (each), form an oligopoly whose market demand is P = 650? 10Q. what quantity wills they produce and what price will they charge if
The market inverse demand curve is P = 90 - Q, where Q is the total market output comprised of Firm 1's output, q1, and Firm 2's output, q2.