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A company named Highway Data has been given a contract to install highway information signs along a 500 mile portion of interstate 555. The signs will be placed at the end of each 10 mile section. The signs cost $138 each. Data fiber optic cable communication lines are also required which will cost $1,299 per mile for material and installation. There will also be a onetime cost of 9,629 to establish a network connection through Verizon networking group. Highway Data will gain 32% profit on this project. How much are they charging for the project?
An economy has 110,000,000 people employed 8,000,000 unemployed, and 4,000,000 discourage workers. The conventional measure of the unemployment rate is what percent?
The other product is K9Grass for consumers who have pet dogs. The addition of these two new synthetic grass products is a way for Forever Lawn to increase its:
Elucidate why are shortages or surpluses more likely with preset costs, such as those on tickets, than flexible costs
Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.
What proportion of the tax will be paid by the suppliers of Martin guitars? How many guitars will be sold after the tax is imposed?
Compare performance of a single-price monopoly with that of perfect competition. Explain how price discrimination increases profit. Explain why monopoly can sometimes achieve a better allocation of resources than competition can.
Compute the minimum rate of interest, and, therefore, the risk premium, at which you would lend $1000 on the informal market. Suppose you are risk-neutral.
Illustrate what is area of employment why has this shift occurred in illustrate what direction would shift in labour supply and demand go. Illustrate what would be its effect on equilibrium of labour market.
On one hand, the WTO's role in international trade is becoming more significant. On the other hand, its verdict on the Brazil's Embraer versus Canada's Bombardier case did not seem to solve the problem.
A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double. Elucidate how long will it take Mexico's real GDP per person to reach the level that the United States was at..
Explain why lean manufacturing requires a stable demand environment. Describe how success to successful system archetype works. What should be done about it.
The United States, Brazil,and Argentina are land rich and efficient farming countries. Which countries have large pools of low cost labor? How do countries with no natural resources manage to manufacture and export large quantities of goods?
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