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A specially built computer system has just been purchased by Progress Greenhouse Products to monitor moisture level and to control drip irrigation in hydroponics beds that grow cluster tradiro tomatoes. The system's first cost was $97,000 with an AOC of $10,000 and a salvage value on the international market of $20,000 after 4 years, when Progress expects to sell the system. Determine the capitalized cost (i.e. forever) at 12% per year and explain its meaning.
Countries A and B have two factors of production, capital and labour, with which they produce two goods, X and Y. Technology is the same in both countries. X is capital intensive; A is capital abundant.
What is the history of the juvenile justice movement? Include when it began, how it began, why it began, etc...
The GDP deflator is a good cost of living index. GDP is more volatile in the short-run than the long-run. All government spending is in GDP. If GDP is adjusted for purchasing power, the US usually improves its relative position.
Why would the global campaign halt the spread of the imitated medicines. With the cost of innovation and the necessity to achieve economies of scale, the pharmaceutical industry is continuously re-organizing on a worldwide scale. Explain in detail.
When ECB went out for bail out then what was expected to happen to the interest rate in Greece? Comment on the expected outcome of this policy on behalf of ECB. Provide diagram and detailed explanation on output and prices. Explain why a group of eco..
Define inference and assumption, and then explain the relationship between the two. Provide two examples of inferences that you made from assumptions that you have.
Illustrate which of the following tax systems could NOT be structured to satisfy conditions of vertical equity.
The university is seeking a grants to cover capital cost. How big of a grant would make this project worthwhile (to the university)?
The interest rate affects the investment patterns in the economy. A friend of yours suggests a get-rich-quick scheme: Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate, and profit ..
Consider a (closed) economy in which GDP (Y) equals $15 billion, consumption (C) equals $9 billion, government expenditures (G) equal $2 billion, and tax revenue (T) equals $1 billion. What is national saving equal to in this economy?
q. how to calculate marginal revenue from demand?a.if the marginal propensity to save is 0.05 how large is the
From FDR's Folly Chapter 13: Explain why there was not widespread support for a U.S. federal pension plan prior to 1935. Explain why there is a pervasive misunderstanding that citizens who have paid Social Security taxes are entitled to benefits when..
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