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A car dealer offers you a car loan with payments of 4,500, semi-annually, for 4 years. If the posted APR on the loan is 5%, what is the cost of the car?
Business Economics, Economics
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In the course of producing its output, this firm causes pollution. The government passes a law that requires the firm to stop polluting, and the firm discovers that it can prevent the pollution by hiring 0.2 workers for ...
In 2009, the hershey company of pennsylvania became the latest company to open a candy factory in mexico, joining other american candy companies including brach's confections and ferrara pan candy, which had opened plans ...
True and False Question and need to explain it The theory of comparative advantage states that trade arises due to different amounts of labor and capital in a country. What arises trade in neo-classical model and o-h mod ...
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In defining demand and supply, why do economists focus on price while holding constant other factors that might have an impact on the behavior of buyers and sellers?
Determine the margin of error for an 80?% confidence interval to estimate the population mean when s? = 36 for the sample sizes below. ?a)n=12 ?b)n=26 ?c)n=54 ?a) The margin of error for an 80?% confidence interval when ...
What's your answer about the equilibrium change from an event which decreases both demand and supply? You don't need to provide graph here. Just describe the curve shifts and how the equilibrium price and equilibrium qua ...
1. Suppose that the total benefit and total cost from a continuous activity are, respectively, given by the following equations: B(Q) = 100 + 36Q - 4Q2 and C(Q) = 80 + 12Q. [Note: MB(Q) = 36 - 8Q and MC(Q) = 12.] a. Writ ...
P = 165 - 2.5 Q . (Here Q is measured in millions of barrels per day.) OPEC's marginal cost per barrel is $15. a. What is OPEC's optimal level of production? What is the prevailing price of oil at this level? b. Many ...
If we compare and contrast the four market structures, it is evident that one market structure is most practiced and evident in the United States. It is the one that promotes and strives on competition. It is the one tha ...
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