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A city engineer knows that she will need 25 million in 3 years to replace toll booths on a toll road in the city. Traffic on the road is estimated to be 20 million vehicles per year. How much per vehicle should the toll be to cover the cost of the toll booth replacement project? Interest is 10%
A million dollar oil drilling rig has 6 year depreciable life and a 75,000 salvage value at the end of that time. Determine which method provides the preferred depreciation schedule; DDB or SOYD.
Determine the four stages of the Business Cycle and compare and Contrast five internal and external Business Cycle theories.
A rural utility company provides standby power to pumping stations using diesel-powered generators. An alternative has arisen whereby the utility could use natural gas to power the generators, but it will be a few years before the gas is available..
This customer can buy or sell the commodity depending on its cost.
Illustrate what are two reasons economists support free trade. Can you list what three of those assumptions likely.
Suppose that over a range of prices, the price elasticity of demand varies from 15.0 to 2.5. Over another range of prices, the price elasticity of demand varies from 1.5 to 0.75. What can you say about total revenue and the total revenue curve
What are the effects of an appreciating/depreciating exchange rate on the balance of payments? exchange rate on the balance of payments.
Interest-Rate Parity. If the interest rates on the 30-day instruments in the US and Switzerland are 12 and 10 percent (annualized), respectively, what is the correct price of the 30-day forward SF?
Utilize these determinants in judging either demand for every of the following products is elastic or inelastic.
There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games. Explain why do shortages and surpluses exist for different games.
Explain how do you define social diversity and business ethics. How has a more diversified labor force affected the corporate structure and economy.
Classify the following utility functions as risk averse, risk neutral or risk seeking and draw the relevant diagrams
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