Question 4 Figure: The Market for Hybrid Cars Price

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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: How long will it take for P1,000.00 to amount to P1,346.00 if invested at 6% compounded quarterly?

A: According to the formula of compound interest rate we get: A=P(1+rn)nt Here A=P1,346.00 P=P1,000.00…

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A: Consumer surplus = 1/2 * (max price – equilibrium price) * equilibrium quantity = ½ * 8 * 40 = 160…

Q: 100 90 80 70 PRICE (Dollars perton) 8 588 50 20 10 0 0 125 250 375 500 625 750 875 1000 1125 1250…

A: Long-run:- The long run is a hypothetical notion where all marketplaces are in equilibrium, all…

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