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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
New source bias can exist for stationary sources. Discuss why this bias leads to a solution that is not cost effective. What policies might eliminate this bias?
Problem: I can not find the meaning of indigenization or how to use it. I know it is derived from the word indigenous.
Determine the demand curve faced by CPI in a typical market where P=$4, Pop=4,000,000 persons, I=$50,000 and A = $400,000. Show the demand curve with quantity expressed as a function of price, and p
Question: Who would bear the brunt of a national sales tax on tobacco products? Why?
Give an personal example of a reverse logistics system you've experienced as a consumer. Were you satisfied with the cycle time of the process and what steps did the company take to guarantee your
What conditions must be satisfied for SAR Publisher to practice price discrimination between the two markets?
A open economy has a marginal propensity to import (MPI) equal to 0.2 and a marginal propensity to consume equal to 0.7. What is spending multiplier of this economy?
Problem: When total revenue increases from $18,000 to $26,000 when quantity increases from eight to ten, marginal revenue is equal to:
Problem: Which of the following cost relationships is not true? a. AFC = AC - MC b. TVC = TC - TFC c. the change in TVC/the change in Q = MC d. the change in TC/ the change in Q = MC
Which of the following is a relevant cost? a. replacement cost b. sunk cost c. historical cost d. fixed cost e. all of the above are relevant.