Economy Introduction

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Issue:

Business

 

Written by:

Anonymous

 

Date added:

December 4, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

31 / 8402

 

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3575 times

 

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Essay content:

Is air scarce? Is clean air scarce? 3. Your car needs to be repaired. You have already paid ? 500 to have the transmission fixed, but it still doesn’t work properly. You can sell your car as it is for ? 5,000, but if your car were totally repaired, you could sell it for ? 6,000. The garage assures you that to have the car totally repaired you need to spend a further ? 500 to replace the ignition system...
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The garage assures you that to have the car totally repaired you need to spend a further ? 500 to replace the ignition system. Is it worthwhile to spend this additional money? 4. A pharmaceutical company is developing a new drug (drug X3Y). The total cost of this development is 6 million euros (?), and the expectation is that the sale of the drug will bring net revenue to the company for 12 million ?...
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