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Nancy’s Notions pays a delivery firm to distribute its products in the metro area. Delivery costs are $31,000 per year. Nancy can buy a used truck for $9,500 that will be adequate for the next 3 years. Operating and maintenance costs are estimated to be $22,500 per year. At the end of 3 years, the used truck will have an estimated salvage value of $4,200. Nancy’s MARR is 20%/year.
What is the present worth of the investment?
Smith likes cashews better than almonds and likes almond better than walnuts. He likes pecans equally as macadamia nuts and prefers macadamia nuts to almonds. Assuming his preferences are transitive, which doe he prefer:
Find out the optimal price-quantity if the firm can price discriminate but cannot charge a two part tariff.
Many economies impose restriction on international capital flows. Assuming that such restrictions limit the scope for arbitrage between domestic and foreign bonds, thereby effectively making such bonds poorer substitutes for each other, explain how t..
Write 3-4 paragraphs pertaining to the theme below, be detailed on your work: The nuances and intricacies of nineteenth and twentieth century political and economic ideology The relationships among war, economics, and politics in twentieth century Eu..
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
A machine makes drill bits. When the machine is operating correctly, the variance of the diameter of drill bits is no more than .04 inches. In a random sample of 81 drill bits, the sample variance was .07. Test the hypothesis at the 1% level that the..
Principle theory of management
Alternative B is for reforming the disability system is to maintain the old benefit levels (for those who receive them) but allow workers to earn up to $300 a month and still keep their benefits. Those who earn over $300 per month would lose all DI b..
Elucidate the equilibrium price and equilibrium quantity. Suppose the price is currently $2. What problem exists in the economy? What would you expect to happen to price.
Which of the following is not an assumption of the theory of consumer behavior described in this chapter? In deciding what to buy, the consumer will choose the good with the:
Empirical studies suggest that when a large number of firms are present in a market, prices are usually ________ and profits are usually ________ than when there are only a few firms in a market.
What part of the business cycle is the U. S. economy currently in? Evaluate your answer using three economic indicators. Analyze the trends and forecast the direction of the business cycle in the next six months using your economic indicators.
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