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Consider the annual worth of an investment that has the following parameters: a $500,000 initial investment, annual savings of $92,500 for a ten-year period, a salvage value of $50,000, and a MARR of 10 percent. What would the annual worth be if the annual savings turned out to be actually 50 percent less? Enter only the signed number with no other symbols.
the graph on the left shows the short-run marginal cost curve for a typical firm selling in a perfectly competitive
Suppose a firm has the following demand equation, Assume the company decreased the price to $2.50. Would this be beneficial? Explain. Illustrate your answer with the use of a demand schedule.
Briefly explain whether each of the following is primarily a microeconomic issue or a macroeconomic issue. a. The effect of higher cigarette taxes on the quantity of cigarettes sold
An industry is composed of 20 firms, all with equal sales. The Herfendahl Index ratio in this industry is a. 1000 b. 500 c. 800 d. This cannot be determined from the information given.
Is it possible to collect new tax revenue, and at the same time guarantee that the poor individual will not be made worse-off by the new carbon tax? Be specific, and make sure you calculate the final tax revenue. Assume the government is able to o..
globalization was welcomed around the world at the beginning of the 1990s. different trade theories were used to
Suppose labor costs are 17.5 percent of revenue per vehicle for General Motors. In union negotiations during the late 1990s, GM attempted to cut its workforce to rise productivity.
The manager concluded that they were most likely to win when the third-string team played the most, and he therefore recommended that the third-stringers should become the first string.
Which of the following does not describe the circular flow model between the householdand the firm? John works at a coffee shop and makes $10 per hour. He decides to leave work an hour early to go see a movie that costs $8 per ticket. The opportuni..
A city that operates automobile parking facilities is evaluating a proposal to erect and operate a structure for parking in its downtown area. Three designs for a facility to be built on available sites have been identified as follows, where all d..
Analyse the short and long run impacts of an expansionary monetary policy, within an AD-AS (aggregate demand/ aggregate supply) model on each of the following economic variables.
the as curve does not describe the same kind of relationship between price and quantity as a microeconomic supply
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