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1. A Pentsys lift table equipped with a powered deck extension can provide a safer and faster method for maintenance personnel to service large machinery. If labor savings are estimated to be $13,000 per 6 months, how much can Follansbee Steel afford to spend to purchase one, if the company uses a MARR of 1% per month and wants to recover its investment in 2-1/2 years?
2. Atlas Long-Haul Transportation is considering in- stalling Valutemp temperature loggers in all of its re- frigerated trucks for monitoring temperatures during transit. If the systems will reduce insurance claims by $40,000 per year for 5 years, how much should the company be willing to spend now if it uses an in- terest rate of 12% per year compounded quarterly?
Hospital administrators sometimes complain about a "shortage" of nurses. The shortage is the result of a higher wages that occur in the competitive market and could be eliminated if nurses earn wages closer to their MRC.
3.Suppose in the short run a perfectly competitive firm has variable cost = 4q2, and MC = 8q where q is the quantity of output produced. Also, the firm has fixed cost F = 144.
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..
Obtain summary statistics and histograms for the variables WAGE and EDUC - Calculate the residuals and plot them against EDUC. Are any patterns evident and, if so, what does this mean?
The economic principle that consumers are willing to consume more of a good when price is low is depicted by the:
please write a 700-1000 word paper in which you address the questions below. also please do your best to format your
In a sentence or two explain why the pigouvian tax depends on knowing both pmc and demand. If total damages are linear, do we still need to know PMC and demand in order to set the optimal tax?
The budget rate, the lowest acceptable dollar per pound exchange rate, was therefore established at $1.5 per British pound. Any exchange rate below would result in SALEM actually losing money on the transaction.
Explain bains limit pricing theory. Please make sure to provide detail study of "bains limit pricing theory" and make it proper citation in end of the report.
Suppose that Manisa Co. is currently not paying any dividends, but is is known that starting in four years (i.e. the first payment is four years from now), Manisa will begin paying $2 a share. The interest rate is 4%. In three years time, what..
Consider a simple economy, with just three occupations: subsistence producer, industrial worker, and entrepreneur. Subsistence producers can produce some fixed amount valued $2,000 with their labor. An industrial worker can earn a wage w. An entrepre..
kaiser-permanente the nations largest health maintenance organization was founded?ato provide cost-effective medical
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