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If the higher cost employer were able to increase the labor productivity of their shop, what magnitude of increase (as a percent of current labor time) would be necessary to give them a cost advanta
What three problems must an economic system solve? Write your response in a white paper. Keep in mind to write your response according to APA format.
Question: State whether the following actions will increase, decrease, of have no change to GDP:
Problem 1: There are four basic components of the AD curve: Consumption, Investment, Government Expenditures, and Net Exports. Problem 2: Of these four components what one of them is currently negati
During the 1990s, the age cohort that grew the most rapidly was the 45-54 cohort, which has the highest saving rate. Yet during that same period, the personal saving rate as reported by BEA declined
Caculate the total change in a years GDP: On March 31, you decide to stop throwing away $50 a month on convenince store nachos. You buy $200 worth of equipment, corn meal, and cheese, and make your
He needs to know how much money his car will add to his stash for his trip when he sells it three years from now. Use the declining-balance depreciation method to tell him.
RCMP (pertaining to the first problem in part b) can forecast demand for its products for only three years in advance. The salvage value after three years is $40000 for model T and $80000 for model
Evaluate the impact of the price cut on the (i) total revenue and (ii) contribution margin of Model A. Based on this analysis, should the firm lower the price of Model A?
a. Compute the marginal cost curve for Ajax b. Given Ajax's pricing strategy, what is the marginal revenue function for Ajax?
a) What is the economic life of the machine? b) What is the equivalent annual cost over that life? Now assume that the MARR is 5%. c) What is the economic life of the machine?
Suppose nominal GDP of $566 billion in 1992, $600 billion in 1993, and $642 billion in 1994. If 1992 is the base year, the price index is 105 in 1993, and real growth in 1994 is 3 percent, what is t
Economists are often criticized for making assumptions. Why are assumptions necessary? To think about this, you might consider an assumption that is often made: people are ratonal.
Question: Define opportunity costs, accounting costs and economics costs. Solve this problem:
Find the contribution margin and the break even point in both units and dollars.
Describe why if your friends comply this is enough data to compute the cluster coefficient.
Company A is selling bonds paying $105 annually that will mature 10 years from today. The bond is currently selling for $970, the face value of the bond is $1000.
Prepare a statement of cash flows for Palomba showing: Net cash provided by operating activities. - Net cash provided by or used in investing activities. -Net cash provided by or used in financing act
1. If you currently hold a market-index portfolio, would you choose to add either of these portfolios to your holdings? Explain.
Suppose that there is a general increase in incomes. Compare the effect of this increase on the demand faced by the following two chains:
Q1. Graph the MSB and MSC functions on the same diagram Q2. Assume the government sets a uniform standard for winter and summer at A=500. Support or refute this policy based on the criterion of a a
Retirement of the baby boomers threatens the Social Security system because the number of retirees will be relatively large compared to the number of workers remaining by 2020. What possible actions
1. Write an equation for the point elasticity as a function of quantity. 2. At what price is demand unitary elastic?
Which of the following is the best example of two inputs that would exhibit a constant marginal rate of technical substitution?
Ben bakes bread and Shawna knits sweaters. Ben likes to eat bread and wear sweaters, and the same is true for Shawna. In which of the following cases is it impossible for both Ben and Shawna to bene