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Scenario 13-5 Suppose that Emily opens a restaurant

Economics

Scenario 13-5 Suppose that Emily opens a restaurant. She receives a loan from a bank for $200,000. She withdraws $100,000 from her personal savings account. The interest rate on the loan is 6%, and the interest rate on her savings account is 2%. Refer to Scenario 13-5. Emily's annual explicit cost of capital is a. $2,000. 200 ofx xo106 = 12,000 b. $4,000. your oppxolo2 = 7,000 c. $12,000. d. $14,000. UD /
n, when Q rises by 1 unit, total revenue rises by P dollars. Therejure, -rms, marginal revenue equals the price of the good to gierisci enolls godini Larisan stew Isnigus brus og stove to alqoriosedi as dan Quick Quiz 2. When a perfectly competitive firm increases the in quantity it produces and sells by 10 percent, its ing marginal revenue and its total revenue rises by der to a. falls; less than 10 percent b. falls; exactly 10 percenti (@bris (1) armulo c. stays the same; less than 10 percent AR PAR d. stays the same; exactly 10 percent Answers at end of chapter. DI stinevahetavat mine camerak by Sunt dve desire

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