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Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281 Exercise 9
ADVANCED ANALYSIS User cost is equal to the present value of future profits in the model presented in Figure 15.7. Will the optimal quantity to mine in the present year increase or decrease if the market rate of interest rises Does your result make any intuitive sense (Hint: If interest rates are up, would you want to have more or less money right now to invest at the market rate of interest)LO4
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C. Romer and D. Romer show that tax incr...
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
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