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Disposing of Used Assets
Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it in inventory for possible future product and estimates that the reservation value is $250,000. Your dealings on the second hand market lead you to believe that there is a 0.4 chance a random buyer will pay $300,000, a 0.25 chance the buyer will pay $350,000, a 0.1 chance the buyer will pay 400,000, and a 0.25 chance it will not sell. If you must commit to a posted price, what price maximizes profits?
Add an indifference curve to your graph and label the point of consumer equilibrium. Indicate Chris's consumption level of A and B. Explain why this is a consumer equilibrium. What can you say about Chris's total utility at this equilibrium?
What are the short- and long-term economic benefits and costs associated with our current high federal government budget deficits Do you think the economic benefits outweigh the economic costs, or not Why If we wished to reduce the budget deficit t..
Terry wants to sell his car and the lowest price he is willing to accept is $3,000. Alice likes the car and is willing to pay at most $4,000 for it. They begin to negotiate to arrive at a price. Which of the following statements will be true?
choose two 2 public corporations in an industry with which you are familiar - one 1 that has acquired another company
analyze the effect of the political economy on trade agreements and policy. analyze the various countries to which the
suppose your firm produces electricity by burning coal. currently it buys central appalachia 12500 btu per ton coal at
what was the effect on the worldwide market for alcoholic beverages of the eighteenth amendment to the u.s.
As Malcolm Gladwell points out in his article "High Prices," increases in drug spending are more the result of increases in drug utilization then in increases in drug prices. Why is this relevant to the debate over whether something should be done..
1. How do the federal rules of evidence address the originality of computer data in relation to the best evidence rule 2. Are the hearsay rules applied differently in cases of computer related evidence
For each of the following production functions, state and show whether it is Constant/Increasing/or Decreasing Returns to Scale: [Hint: to show Constant/Increasing/or Decreasing Returns to Scale, see how production changes when all inputs incr..
E-Commerce to a certain extent are comprised of the same business models as traditional or brick and mortar businesses. One thing an entrepreneur must understand is how their business will earn money...ie a Revenue Model.
(a) an increase in the price of a gross substitute for labor, (b) a decrease in the price of a pure complement in production with labor, (c) a decrease in the demand for the product that the labor helps produce.
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