A price ceiling in the market for gasoline that is below the equilibrium price will lead to

Suppose the revenue from producing (and selling) x units of a product is given by Upper R (x) equals 10 x minus. 04 x squared dollars. (a) Find the marginal revenue at a production level of 20.

How do international organizations establish and maintain a stable/cooperative world structure?

Standing in line at a small-town grocery store gives people a chance to socialize. Is this a positive externality associated with the act of shopping? Why or why not? a. Yes, because chatting with others is not inherently part of buying groceries b.

Reggie purchased a life insurance policy with a face amount of $500,000. after 15 years, the cash value has accumulated to $100,000 and the policy's face amount has become $600,000. which type of life insurance policy is this

A firm recently issued $1,000 par value, 20-year bonds with a coupon rate of 6% and semi-annual payments. The bonds sold at par value, but flotation costs amounted to 5% of par value. The firm has a marginal tax rate of 21%.

Gaston owns equipment that cost $17,000 with accumulated depreciation of $3,400. Gaston sells the equipment for $12,200.

If the supply of loanable funds exceeds the demand then borrowers will bid up the interst rate. True / False.

The scientific method begins with A. the development of a formal hypothesis. B. the gathering of information. C. the identification of a problem for investigation. D. methodical observation of a phenomenon of interest.

Charles loves watching downton abbey on his local public tv station, but he never sends any money to support the station during its fundraising drives. economists would call charles afree rider.

Georgina is the owner of a company called piquant (which means having a pleasantly sharp taste or appetizing flavor).