Economy Introduction
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Title: Economy Introduction

Essay Details:

Subject: Business
Author: Francis L
Date: February 5, 2015
Level: University
Grade: A
Length: 29 / 8402

Essay text:

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. 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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