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The demand for 1,000 units of a part to be used at a uniform rate throughout the year may be met by manufacturing. The part can be produced at the rate of 3 per hour in a department that works 1,880 hours per year. The set-up cost per lot is estimated to be $40, and the manufacturing cost has been established at $5.20 per unit. Interest, insurance, taxes, space, and other holding costs are $3.10 per unit per year. Calculate the economic manufacturing quantity.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
Traditionally, taxi drivers were only paid by the mile. A couple of decades ago, Yellow cab experimented with paying the same per mile rate plus a fixed fee every time a customer got in the cab. How does this change driver behavior?
What constraints does the consumer who follows Biblical principles have on his consumption that a non-Bible believing consumer would not have?
What factors led to the mortgage default crisis? How did mortgage defaults affect banks involved in mortgage lending and mortgage investing?
Even though the use of checks lower transaction costs when compared to the use of paper currency, it is unlikely that the use of paper or metallic currency will disappear entirely. Why?
If television sets are sold in a perfectly competitive market, calculate the annual number sold. Under what consiquences will the market equilibrium be efficient.
What are some more common restrictions on the activities of multinational corporations in host countries? Your 200 word answer should focus on selecting and organizing your most relevant comments in a coherent fashion.
Write down equation that can be solved for yield to maturity of this bond: that is, equation that equates Current value of bond payments to cost of bond. Estimate Current value of bond when interest rate is 8%.
If the price of food falls by 10 percent and the quantity sold increases by 5 percent, then the price elasticity of demand in that range equals
After allowing for sleep and personal care, she has 70 free hours each week and must split these hours between work to earn money.
Suppose that the government is debating whether to spend $100 billion today to address climate change.
explain the future consequences of this action on the economy and the inflation rate. Please indicate the documentation on your research.
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