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What is the maximum it would be reasonable for the owner of a building to pay for a new sprinkler system if it would save $843 per year in insurance premiums? Assume it would have a life of 20 yrs and a salvage value equal to 10% of it's first cost. Assume also that the owner would like to make at least 7% on his investment. Provide answer with two decimal place precision.
your son is graduating from high school and is about to enter the work force. he has developed a strong curiosity about
Draw a graph of the market for banana. What are the equilibrium price and quantity and calculate Rie's income elasticity of demand for beef. Show your calculation.
Does farming in the United States have the characteristics of perfect competition How does perfect competition in the farming industry help farmers and consumers? Hurt farmers and consumers
what is the difference between real and nominal gdp? does gdp accurately reflect the nations welfare? why or why not?
1. what is the shape of the average fixed cost curve and why?2. what are the shapes of the average variable cost
question 1 the economic implications of externalities 5 marks to parts a and ba briefly explain what an externality is
evolving issues in health care please respond to the followingpropose several current and future economic issues
the buyer values and seller costs for another experiment in which students are buying and selling used textbooks. In this experiment, the seller pays the tax. Suppose that traders who are indifferent between trading and not trading go ahead and trade..
What is the Laffer curve, and how does it relate to supply-side economics? Why is determining the economy’s location on the curve so important in assessing tax policy?
youve recently learned that the company where you work is being sold for 380000. the companys income statement
assuming that all other factors remain unchanged determine how a firms break-even point is affected by each of the
when several people died because of poisoned capsules of tylenol pain reliever strict government regulations were
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