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This is for a microeconomics class
Suppose a company incurs the following costs: labor, $600; equipment, $300; and materials, $200. The company owns the building, so it doesn't have to pay the usual $900 in rent.
What is the total accounting cost?
What is the total economic cost?
If the company sold the building and then leased it back, what would be the change in
a) Accounting costs?
b) Economic costs?
Distinguish between skimming price and penetration price policy. Which of these policies is relevant in pricing a new product under different competitive conditions in the market?
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Do unexpected monopolistic profits serve any useful function in a market economy? Could additional oil revenue be used to explore and develop new fields?
The project is expected to have annual operating cash flows of $10,291. What is the Total Cash Flow in Year 7 of the project if the equipment can be sold for $6,185 and the tax rate is 37%?
Suppose at Columbia University, grade point average (GPA) and SAT scores are related by the conditional expectation
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What is a specific, "real-life", example of a type of human resource (job skill) that earns a "much greater than average" wage or salary in the United States today? Your posting should be at least two paragraphs long, and identify a specific good or ..
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