Use the following information to answer the question which immediately follows Y 2,000, GT-200, Cd 400+0.9(Y-T)-600r, 1200-80r, L 0.5Y 5001, M-5000, P=7.35, -0.02 What is the value of r? Select one a 0.58 Ob. 0.45 OC 0.62 Od 0.38 4

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
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Use the following information to answer the question which immediately follows
Y = 2,000, GT-200, Cd=400 +0.9(Y-T) - 600r, 1200-80r, L-0.5Y 500, M-5000, P-7.35, n² = 0.02
What is the value of r?
Select one
a 0.58
Ob. 0.45
OC 0.62
Od 0.38
13
Transcribed Image Text:101 Use the following information to answer the question which immediately follows Y = 2,000, GT-200, Cd=400 +0.9(Y-T) - 600r, 1200-80r, L-0.5Y 500, M-5000, P-7.35, n² = 0.02 What is the value of r? Select one a 0.58 Ob. 0.45 OC 0.62 Od 0.38 13
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