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Doug is a recent high school graduate considering three careers that involve flowing water. He can begin work immediately at the municipal Water Department, which would pay him (in real terms) $30,000 each year for the next 45 years. A second choice is to spend five years in college, with an annual tuition of $25,000 per year, and become a civil engineer; this would allow him to earn $55,000 per year for the 40 years after he graduates. The final option is to get the same civil engineering degree (just as before), spend the following 5 years getting a Ph.D. in hydrology (with no tuition and a $15,000 annual fellowship), and then work for 35 years as a groundwater specialist who earns $75,000 per year. a. If the interest rate were 7 percent, which option would Doug choose? Use a spreadsheet program (your choice-Excel, QuatroPro, whatever) to perform your calculations, and attach the output of that exercise. The top line of your output should look like the following. Remember to start in Year 0 (i.e., the first payments are made and/or received immediately, not one year from today) and end in Year 44.
today corporations are required to send their stockholders an annual report. assume that you are a prospective
rons window washing service is a small business that operates in the perfectly competitive residential window washing
apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about 12000 per person
what is the economys current stage in the business cycle? support your answer with an article written within the last
Choose a United States multinational company. In terms of currency denomination, discuss how the company values its revenues and costs.
suppose a firm uses both labour l and capital k as inputs and has the production function q 2kl. the marginal product
Consider the choices of two groups of women ages 30 to 50. All the women in one group have a college education. All the women in the other group have less than a high school education
why is monopolistic competition inefficient suppose that you counted the higher price the consumer pays for the monoplistically comptetive firm's product surplus, would that change the conclusion regarding the efficiency of monopolistic competitio..
Work decisions are based upon a comparison of priviate cost and the private benefit. The external or spillover benefit of someone doing additional work is measurable for society as the change in?
What is the highest profit or lowest loss availability to this firm? c. Should this firm operate or shut down in the short run? Why? d. What is the relationship between marginal revenue and marginal cost as the firm increases output?
bull assume that you were recently hired by a marketing research company.bull you are assigned to a research team to
Compute their TR, MR, ATC, MC and profit/loss schedules, find out the equilibrium price, equilibrium output, unit profit, and total profit at the equilibrium point for these ingenious entrepreneurs.
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