If a person is going to borrow $30,000 for a car and pay it off in monthly payments of $566.14 for 5 years, the internal rate of return is
A. 0%.
B. 10%.
C. 15%.
D. 5%.
Answer: D
Economics
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What are the effects of a tariff on a good?
What will be an ideal response?
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In the long run, a typical perfectly competitive firm will produce at the minimum point of its long-run average total cost curve and the minimum point of its short-run average total cost curve
a. True b. False
Economics
Which of the follow is NOT an example of a market?
A. Retail trade of chocolate ice cream in Boston. B. The buying and selling of homes in Kansas City. C. The farmer's market in Madison, Wisconsin. D. The buying and selling of used cars.
Economics
If the demand of a good is inversely related to income, it must be
A) a bad good. B) an inferior good. C) a normal good. D) an everyday product.
Economics