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Q: 1.Would you consider an interest payment on a loan to a firm an explicit or implicit cost?
A: Implicit cost: It can not de directly conveyed in monetary terms. For example, cost related to emplo...
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A: To solve above question let us consider two period (1& 2 ). In period 1 : Nominal Exchange rate ...
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A: Given, Interest rate = 4.25% Time = 9month Payment scheduled today = 870 Future value = 1160
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A: To find the number of years taken to double an amount, compound interest method can be used.
Q: Which of the following is a producer good?
A: To find : Which is producer good
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Q: Enrico Suarez has decided to purchase a house instead of renting an apartment. He can a ord a monthl...
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A: Marginal effect measures the change in dependent variable due to change in independent variable.
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Q: 22. Suppose that Dent Carr's long-run total cost of repairing s cars per week is c(s):=3s2'+12. If t...
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