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Home Question Bank Economics Archive 2024 December 08

Economics Questions from Dec 08,2024

Browse the Economics Q&A Archive for Dec 08,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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5) Un oferente monopolista, considera que la demanda del producto que fabrica está dada por la función \( x+ \) \( \frac{1}{40} p-25=0 \), donde \( p \) es el precio por unidad. Si la función de costo de dicbo monopolista estả dada por \( C(x)=280 x+600 \). Halle el nivel de producción que maximice el beneficio. Determine el mismo. In 1985, the ratio of the median house price to income was 3.6. Compare that value with the value you calculated for 2021. Was it easier or harder to buy a house in 2021, compared to 1985? Explain your reasoning. Identify each item as a liability or asset. Explain your reasoning. 1. the mortgage on your house 2. money in your savings account 3. a car that is paid off 4. a loan used to oav for college all What is the annual interest rate you'll s? be charged if you carry a balance? a. introductory rate b. over-the-limit rate c. credit agency rate d. annual percentage rate 5. Introductory rates are also known as what? a. minimum payments b. teaser rates c. annual percentage rates d. annual fee rates 3. The highest amount that can be charged to your credit account is called? \( \begin{array}{ll}\text { 6. The least amount of money required to } \\ \text { a. credit limit } & \text { be paid each month is called what? } \\ \begin{array}{ll}\text { b. free period limit } & \text { a. grace period payment fee } \\ \text { c. minimum payment limit } & \text { b. credit score fee } \\ \text { d. APR limit } & \text { c. minimum payment } \\ & \text { d. maximum payment }\end{array}\end{array} \). 1. Which term represents interest and all other fees added on to credit purchases? a. annual fee b. annual percentage rate c. introductory rate d. finance charges 2. What fee will you pay if you go over your credit limit? a. minimum payment fee b. over-the-limit fee c. introductory rate d. grace period fee If \( \$ 16,000 \) is invested at \( 8 \% \) for 12 years, find the future value if the interest is compounded semiannually. Please round the answer to the nearest cent. If \( \$ 11,000 \) is invested at \( 7 \% \) for 6 years, find the future value if the interest is compounded daily. \( \$ 16,740.90 \) \( \$ 16,729.31 \) \( \$ 16,741.17 \) \( \$ 16,735.43 \) \( \$ 16,739.53 \) \( \$ 11,000 \) is invested at \( 7 \% \) for 6 years, find the future value if the interest is \( \$ 16,740.90 \) Find the value of a \( \$ 3,000 \) certificate in 2 years, if the interest rate is \( 10 \% \) compounded annually. Please round to the nearest cent.
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