7. Brobdingnag has a comparative advantage in the production of

Q: If you stay in-state you can attend college for $6000 let year, but pay $950 per month in rent. Or…

A: Option A (in state)College fees=$6000Annual rent=$950*12=$11400Annual cost=$6000+$11400=$17400

Q: Subject: Engineering Economics Please write handwritten Answer And Explain Briefly Please don't…

A: Future Value = P x {(1+r)n-1}/r Given;r =10%n = 30P = 20,000 Future value = 20000 x (1+0.1)30-1/0.1…

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Q: When can we use the Cash-Flow Approach?

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A: Here total days for which the interest will be calculated are 3days in May , 30 days in June and 28…

Q: ecoeco have borrowed $10000 from bank with the understanding that you will pay it off with lump sum…

A: The future value  = $12000 Present value  = $10000 Time period (n) = 2 years

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A: Present value is the value of investment in today's dollar. Future value is the value of investment…

Q: Р МС $4.00 ATC $3.00 D $2.50 $2.00 MR 3,000 3,500 4,000

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Q: Example: Suppose $1500 is deposited at the end of each year for the next 6 years in an account…

A: The amount of annuity (A) = $1500 Total number of years (n) = 6 Interest rate ( r ) = 8%

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Q: You want to borrow $1500 at 8% and you are willing to pay $210 in simple interest.How long can you…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: If you wish to have $800 in your savings account at the end of 4 years with 5% APR interest. How…

A: solution:-

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A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

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A: Since it is given that the annual saving is $5000 but in the 5th year there is no saving and at the…

Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.