Economic justification of a non-business trip
Question: If an owner of a company wanted to make a trip for non-business use and their lost wages was not tax-deductible, how could they justify making their decision whether to go or not?
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(a) Depict the wage-schooling locus on a graph. (b) Derive the marginal rate of return to schooling curve. Depict on a graph as completely as possible.
Calculate: A. Quantity at which profit is maximized B. Maximum profit C. Quantity at which revenue is maximized D.Maximum revenue
1) Draw his budget line. assuming he is paid by the hour (and not the mile), what is his hourly wage? 2) Assuming he chooses to drive 10 hours a day, how many hours of leisure and how much consumption does this imply?
Calculate the totals change in a year's GDP. A family sells a home, without using a broker, for $150,000. They could have rented it on the open market for $700 per month.
If an owner of a company wanted to make a trip for non-business use and their lost wages was not tax-deductible, how could they justify making their decision whether to go or not?
Problem: Discuss the meaning of P = D/k. Identify the variables and spell out the assumptions related to the use of this "securities price" formula or model.
All the same time, every month during the year, 38 different people become unemployed, and 38 other different people who were unemployed find jobs. There is no cyclical unemployment. a.) calculate the frictional unemployment rate
At the end of the year, a firm produced 18,000 lab top computers. Its total costs were $8 million , and its fixed costs were $5 million. what are the avg. variable costs of this firm?
Please assist describing the following: Periodic Order Quantity (POQ), Economic Order Quantity (EOQ) and Material Requirement Planning (MRP) Lot-Sizing Technique Concepts.
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