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If the discount rate is 10%, what would the present value of this proposal for a five year time span. All taxes, depreciation, salvage value, cash flow, etc. can be ignored (they will be considered
Problem: Consider the following scenario to understand relationship between marginal and average values.
Because of Titanium shortages, the firm's total production capacity drops to only 1.5 million pounds per year. Determine the firm's optimal quantities and prices in this case.
Armel consumes two commodities only, meat and potato. His marginal utility of a unit of meat is 300 and each unit is purchased at $5. Marginal utility of a unit of potato for Christopher is 50 and
Q1. If the price of capital is $7.50 per unit what is the per unit price of labor? Q2. How many units of labor should the firm use in order to produce 400 units of output at the least cost?
a. If the price of capital is $7.50 per unit what is the per unit price of labor? b. How many units of labor should the firm use in order to produce 400 units of output at the least cost?
Which inputs are fixed and which are variable in the production function of Jennifer Trucking Company? Over what ranges do there appear to be increasing, constant and/or diminishing returns to the n
Question 1. Explain how Internet security measures can actually create opportunities for criminals to steal, rather than prevent them. Question 2. What are some of the steps a company can take to cur
Using Microsoft Excel, construct a graph for each of the market structures and explain how price and output decisions are made in each structure and how they differ.
Are brand extensions an important brand-growth strategy or can they endanger brands? Perhaps start with a definition of brand extensions?
Which of the following statements is an example of a firms implicit costs?
Calculate the profit maximizing level of operation, the number of CDs the company will produce to maximize profit.
Salvage value at the end of the five year life of each boat is estimated to be $25,000. The fisherman's minimum attractive rate of return is 6%. (1) The Net Present Worth of Boat A is:
Complete the following statements: 1. The rate of return of Alternative A is: 2. The incremental rate of return for the increment (B-A) is:
Discuss how the company you selected should increase its competitive stance in the marketplace and how management would implement the recommendations. Provide specific examples to support your respo
Make sure to: 1. Explain how to balance fixed and variable costs. 2. Explain Production Possibilities.
Suppose an airline flying on the New York - Chicago route has estimated the demand curves for three different types of customers: business (no advance purchase), leisure (7 day advance purchase), an
What is total cost (TC)? What is average cost (AC)? What is variable cost (VC)? What is average variable cost (AVC)? Is the firm profitable? Should it stay in business in the short run? Should it st
How is this likely to cause a loss in efficiency? What are the efficient outputs of military hardware and the outputs desired by the military bureaucracy?
Say you are the manager of a perfectly competitive firm selling a t-shirts for restaurant advertisement. Your business is making a loss because total revenue is less than total costs. What would you
If price falls from $200 to $150, what is the elasticity of demand over this range?
There exists what has been termed the triangle of healthcare. The three sides are: (a) cost, (b) access, and (c) quality. What is this triangle and the relationship of the three aspects? How does ea
(1) Given a uniform rate of interest of 9% and a uniform life of the projects of 10 years each, calculate the NPVs of each Project.
Based on your knowledge of marginal analysis, how many workers should you hire? Explain you answer.
Given we have a monopoly due to a patent, determine the profit maximizing output level, the monopoly price, and economic profits(High price/high output model).