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The annual maintenance costs for a facility are $2000 for the first year and increase by $300 each year afterward. The facility life is 15 years. What is the present equivalent cost of maintaining the facility if interest is 8% compounded annually.
Evalute the percentage change for the two years. Explain the drastic change and what this meant for the U.S. population.
It has been estimated that the price elasticity for cigarettes is 0.164. Assuming there are currently no taxes on cigarettes, to reduce cigarette purchases 5%, government would need to tax cigarettes enough t.:
What is the effect of an increase in the investment rate on the level of steady-state output per worker in the Solow model? What is the effect of an increase in the investment rate on the growth rate of output per worker in the model? Illustrate and ..
What is average variable cost? Is the firm profitable? Should it stay in business? Should it stay in business in the short run? Should it stay in business in the long run? Show your work and explain answer.
The Wall Street Journal's experience after it increased its cost to 75 cents. Illustrate what implicit assumptions are the publishers also the analysis making about cost elasticity.
A country that borrows more from the rest of the world than it lends to it in a year is called a ________, and a country that lends more to the rest of the world than it borrows from it in a year is called a ________.
suppose that the demand and supply functions for good x are as followsqd 75 .004m - 4pqs -43 - .4pi 3pa. is this
Suppose that average household in a state consumes 800 gallons of gasoline per year. A 20-cent gasoline tax is introduced, coupled with a $160 annual tax rebate per household. Will household be better or worse off under new program.
Write a formula which describes the marginal product of labor in the short run as a function of the amount of the labor used.
If equilibrium national income is 3,500 billion while the national income and output (GDP) necessary for full employment is 3,900 billion (assuming an MPC of 0.6) then. What is the size of the GDP gap? What size change in government spending would el..
In “Intellectual Property and Pharmaceutical Drugs: An Ethical Analysis,” Richard T. De George lays out what he comes to call the “Status Quo Approach” as a defence of copyright protection of pharmaceuticals. Do you find this argument persuasive ..
A manufacturing company purchased electrical services for the next 5 years to be paid for with $70,000 now. The service after 5 years will be $15,000 per year beginning with the sixt year. After 2 years service, the company, having surplus profits, r..
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