Answers: 1
Business, 21.06.2019 18:20
Amathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. thus, if mexico's real gdp per person is growing at 7 percent per year, it will take about 10 years(=70/7) to double. apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about $11,000 per person, while it was about $44,000 per person in the u.s. if real gdp per person in mexico grows at the rate of 5 percent per year: how long will it take mexico's real gdp per person to reach the level that the united states was at in 2005? (hint: how many times would mexico's 2005 real gdp per person have to double to reach the u.s.'s 2005 real gdp per person?
Answers: 3
Business, 21.06.2019 19:20
Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t
Answers: 1
Business, 21.06.2019 23:30
Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?
Answers: 3
Business, 22.06.2019 06:50
Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces
Answers: 1
As output increases, marginal cost Multiple Choice increases, but then turns negative. increases con...
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Social Studies, 11.09.2020 07:01
History, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Physics, 11.09.2020 07:01
Social Studies, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01
Mathematics, 11.09.2020 07:01