Problem 1 (15 Points Total): a) (5 points) For an interest rate of 1% per quarter, determine the nominal interest rate per i) semiannual period, ii) year, and iii) 2 years. b) (10 points) You plan to deposit $100 per week into a fund that pays interest of 6% per year, compounded quarterly. Identify the interest period, compounding period, and number of times interest is compounded per interest period.
Answers: 2
Business, 22.06.2019 11:40
Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
Answers: 3
Business, 23.06.2019 00:00
Match each economic concept with the scenarios that illustrates it
Answers: 2
Business, 23.06.2019 00:20
Firms like papa john’s, domino’s, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?
Answers: 1
Business, 23.06.2019 02:00
Donna and gary are involved in an automobile accident. gary initiates a lawsuit against donna by filing a complaint. if donna files a motion to dismiss, she is asserting that
Answers: 1
Problem 1 (15 Points Total): a) (5 points) For an interest rate of 1% per quarter, determine the nom...
Biology, 05.02.2020 21:45
Mathematics, 05.02.2020 21:45
Mathematics, 05.02.2020 21:45
Mathematics, 05.02.2020 21:45
Computers and Technology, 05.02.2020 21:45
History, 05.02.2020 21:45