Suppose the supply curve of portable radio rentals in golden gate park is given by: p = 5 + 0.1q, where p is the daily rent per unit in dollars and q is the volume of units rented in hundreds per day. the demand curve for portable radios is: p = 20 – 0.2q. if each portable radio imposes $6.00 per day in noise costs on others, by how much will the equilibrium number of portable radios rented exceed the socially optimal number?

You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?

Afood worker has just rinsed a dish after cleaning it.what should he do next?

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.