Use the following information to answer the question which immediately follows Y 2,000, GT-200, Cd 400+0.9(Y-T)-600r, 1200-80r, L 0.5Y 5001, M-5000, P=7.35, -0.02 What is the value of r? Select one a 0.58 Ob. 0.45 OC 0.62 Od 0.38 4

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Use the following information to answer the question which immediately follows
Y = 2,000, GT-200, Cd=400 +0.9(Y-T) - 600r, 1200-80r, L-0.5Y 500, M-5000, P-7.35, n² = 0.02
What is the value of r?
Select one
a 0.58
Ob. 0.45
OC 0.62
Od 0.38
13
Transcribed Image Text:101 Use the following information to answer the question which immediately follows Y = 2,000, GT-200, Cd=400 +0.9(Y-T) - 600r, 1200-80r, L-0.5Y 500, M-5000, P-7.35, n² = 0.02 What is the value of r? Select one a 0.58 Ob. 0.45 OC 0.62 Od 0.38 13
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