Business, 03.01.2020 01:31 nataliaguadaluoupa25
What annual growth rate is needed for a country to double its output in each of the following cases? instructions: in parts a-c, enter your answers as whole numbers. in part d, round your answer to 1 decimal place.
a. in 7 years: 10percent
b. in 35 years: 2percent.
c. in 70 years: 1percent
d. in 140 years: 0.5percent.
Answers: 1
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After the price floor is instituted, the chairman of productions office buys up any barrels of gosum berries that the producers are not able to sell. with the price floor, the producers sell 300 barrels per month to consumers, but the producers, at this high price floor, produce 700 barrels per month. how much producer surplus is created with the price floor? show your calculations.
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