Claire has borrowed $\$5,\! 000$. she plans to pay off the loan in full after two payments. she will make one payment 3 years from now, then another payment 6 years from now. the second payment will be exactly double the amount of the first payment. how much is the first payment if the interest rate of the loan is $8.5\%$, compounded annually? express your answer as a dollar value rounded to the nearest cent.

Uppose the book-printing industry is competitive and begins in a long-run equilibrium. then hi-tech printing company invents a new process that sharply reduces the cost of printing books. suppose hi-tech's patent prevents other firms from using the new technology. which of the following statements are true about what happens in the short run? check all that apply. hi-tech's average-total-cost curve shifts downward. hi-tech's profits increase. the price of books remains the same. hi-tech's marginal-cost curve remains the same.

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

What so u want to be when u grow up?