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Hi! How to do the bank loan , 1st JAN 2011 the business borrowed 100000 on a 5 year loan. interest rate of 6% per annum was payable monthly. It was on an interest only basis with interest paid monthly at the end of each month. Chat started
Pizza Factori produced $88,000 worth of pizzas in the past year. They paid $39,000 to employees, paid $11,000 for vegetables and other ingredients, and paid $4,000 in taxes. They began the year with ingredient inventories valued at $1,500 and ended the year with inventories valued at $2,000. What was Pizza Factori’s (and their employees') total contribution to GDP this year (in $)?
Accounting rules determine a firm’s ‘‘profits’’ for tax- and dividend-paying purposes. So why any firm should be concerned about its economic profits? Specifically, why should a firm be concerned about the opportunity costs of the people who invest in it when those costs never enter into its accounting statements?
The purpose of economics is to provide a way to think. Economic thinking and decision-making recognize that because of scarcity something cannot be obtained without giving up something else. Consequently, we must make our decisions by comparing the costs and benefits and evaluating the tradeoffs. In doing so, five principles of economic thought come into play: tradeoffs, incentives, opportunity costs, marginal thinking, and voluntary exchange. Explain with a specific example of each how you apply these five principles of economic thought in your everyday life.

The ticket sales of the city’s professional football team have increased by the 30 percent while average ticket prices have risen by 50 percent. Do these changes imply an upward sloping demand curve? Explain.

1. It's a very hot, sunny day and Peter is outside and feels very thirsty. He sees a lemonade stand where a glass of lemonade is selling for $0.50. He buys one glass and drinks it. The next day, Peter is outside and the temperature is much higher than the first day. Peter is even more thirsty, and buys 2 glasses of lemonade. He pays a total of $1.00 2. It's a very hot, sunny day and Peter is outside and feels very thirsty. He sees a lemonade stand where a glass of lemonade is selling for $0.50. He buys one glass and drinks it. The next day is same as before, however, a glass of lemonade is selling for $0.30 a glass. Peter buys 2 glasses of lemonade and pays a total of $0.60. In both of the situations we notice that Peter buys 1 glass on the first day and 2 glasses on the 2nd day. How are the 2 situations different? Where do you find a change in quantity demanded and where do you find a change in demand for Peter? Please explain as clearly as possible
What are economic resources? What categories do economists use to classify them? Why are resources also called factors of production? Why are they called inputs?
1. if a firm revenue course function is given as R=250Q + 3Q2 C= 150 - 5Q derive the maximization output and profit acqiured to the firm. 2. supposed a firm has the following information, the course of machinery factory plant amounted to 50,000. if it variable function is given below; 20x - 3x2 and price per eggs is given as 250 - 15x. what is the profit function of the firm?
find at least 3 countries or economies that have housing price stabilization policies and measures. Provide your suggestion on best measure that can be used in Melbourne housing market.
Assuming PPP holds and that real exchange rate doesn´t change. Additionally we assume fully mobile internationally capital and consumption growth its the same among countries. i) Show by using Fisher equation - r(t) = i(t) - E(t) (π (t+1)) that standard expression for Uncovered interest rate parity (UIP) follos from previous assumptions; ii) Considering a test of UIP with the follow regression: E (e (t+1))- e(t) = α + β (i (t) - i* (t)) + v(t). The i* (t) its given and p*(t) = E(p*(t+1))=0 where p* its the log of the foreign price level and p the domestic prices. The domestic policy makers set i (t) according to a price targeting rule, i(t) = r*(t) + µ p(t) + u(t) where u is serially uncorrelated and independent of v. Demonstrate that β will biased away from 1 if µ its different from zero; iii) Demosntrate the condition under which β <0.
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