You just received a loan offer from friendly loans. the company is offering you $5,000 at 9.3 percent interest. the monthly payment is only $100. if you accept this offer, how long will it take you to pay off the loan? 5.84 years 5.29 years 6.80 years 6.33 years 7.59 years

Adisadvantage of corporations is that shareholders have to pay on profits.

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.

Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.