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In the design of an automobile radiator, an engineer has a choice of using either a brass-copper alloy casting or plastic modeling. Either the material provides the same service. However, the brass-copper alloy weighs 25 pounds, compare with the 20 pounds of plastic molding. Every pound of an extra pound in automobile has been assigned penalty of $6 to the account due to fuel consumption during the life cycle of the car. The brass copper alloy casting cost $3.35 per pound whereas plastic molding cost $7.40 per pound. Machining cost per casting are $6 for the brass copper alloy. Which material should the engineer select. What is the difference in unit cost.
determine what sales price must be obtained at the end of that period in order for Amjay to break even, when the interest is 12 percent.
If you turn this measure of cost around, illustrate what is the prospect cost of cheese in liters of milk per gram of cheese.
In terms of a firms MRP of labor, explain why the firm will only hire the next worker if that worker can make the firm money.
Describe partnership contributions and distributions. Please include information on the taxability of partnership contributions and distributions and how the IRS has created various elections to counterbalance or minimize the uneven effects of certai..
What are the similarities between the Great Depression and the Recession of 2008 and differences between them, and to what extent did government intervention both initiate and resolve these economic difficulties? Lastly, what are the lessons to be le..
Compare the classical labor theory of value to the neoclassical utility theory of value. How do they differ both in assumptions and implications? Please cite volume and page numbers from Capital when appropriate.
Unemployment is a more serious economic problem than inflation and it should be the focus of the Fed’s monetary policy.” Evaluate this statement and explain why the Fed’s primary policy goal is price stability.
In the course of conducting a valid stop and frisk for weapons, if the police officer discovers evidence of another crime for which an arrest is proper, the officer:
The recent merger of US Air with American Airlines received both national and local attention. The U.S. Department of Justice contested the merger on the basis that it would produce harmful monopoly-like behavior in many airline markets. Develop an a..
If she has to eat only whole servings, what will she have for breakfast, and how many calories will she consume? If she can eat partial servings, how would your answer differ?
Over the business cycle,
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 12,000 -5Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 3,000QL and CF (QF) = 6,000QF.. Determine the equilibrium output level for both the le..
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