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Define annual simple interest rate. Discuss the annual simple interest rate in the United States. Explain to the client how the move would benefit savings. Research the current interest rate on saving
Discuss a situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the contract. Provide specific examples to support your response.
Based on the possible beneficial externalities from college education, argue for whether or not a case exists for public funding of college education. Explain your rationale. No page or word limit.
Analyze the two following situations for firms in competitive markets: Suppose that TC=100 + 15q, where TC is total cost and q is quantity produce. What is the minimum price necessary for this firm t
Analyze the various ways in which property rights encourage economic development and make at least one recommendation for improving current laws. Explain your rationale.No page or word limit.
Consider the following graph in which demand and supply are initially D and S, respectively. What are the equilibrium price and quantity? If demand increases to D', what are the new equilibrium pric
For each of the following statements, state the relevant elasticity and state what its value should be (negative, positive, greater than one, zero, and so on). The supply of labor is inelastic but s
calculate total fixed and total variable cost for the year. show annual results showing fixed and variable separately. show revenue and cost per visitor.
The demand for land is givven by the function: Qd = 2,500+ 20; and the supply is given the function: Qs= 1,000,000. Qd= quantity demanded, Qs= quantity supplied and P= Price. Solve for the equilibri
What criteria would you apply to determine whether such a policy is or is not successful? Judging from your own stated criteria, was Japan's exercise successful? Why or why not?
Globalization and global trade have led to increased competition in world markets and increased allocation of scarce resources. Is it accurate to say that this is contributing toincreased consumer s
On a diagram illustrate the shop's initial optimal combination of capital and labour needed to produce hamburgers. You do not need give actual quantities of capital and labour in the answer.
To make the problem interesting, I think it is necessary for there to be a cost of capacity, in addition to a marginal cost of production, for each firm.
Identify firms that periodically shut down their operations. What are the conditions that exist when they shut down their operations and the conditions that exist when they resume their operations?
Subsidize this production and shift to alternative fuels. Is this a good or bad idea from and economic view? If you say "Yes" or "No", why, explain your answer using sound economic theory?
When Wal-mart locates in a smaller town, often the local retailers (e.g., hardware, clothing, appliance store are unable to successfully compete and are driven out of business. why does Wal-Mart ha
Firm B cheats, it earns $150 in that period, but A earns $50. If both cheat, each earns $30 in that period. Construct the payoff matrix for a single period game.
Review the discussion of pitfalls in economic thinking. Then identify the fallacy, or mistake in thinking, in each of the following statements.
What fiscal policies and monetary policies would be appropriate at this time? You must use at least one article. Use references and APA
The muffins will spoil and have to be discarded. Assuming this donut shop wants a 30% markup based on cost and produces 200 muffins, each muffin should sell for.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)?
A population of 100. Today it has nominal GDP of $3,000, a GDP deflator of 400, and population of 150. What happened to the real GDP per person?
How would you advise the baker as to whether he should employ four assistants on a Saturday? How would you advise the baker to extend his shop, thereby allowing more customers to be served on a Saturd
Draw a graph to illustrate this situation. on your graph be sure to indicate the areas representing consumer surplus, producer surplus and dead weight loss.
Japanese government bonds of 6% during this period, by 1970 was the cost to Japan of protecting this industry recovered due to its improved long run productivity compared to having imported cars fro