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Compare two units, A and B. A has a new cost of $42,000, a life expectancy of 14 years, a salvage value of $4000, and an annual operating cost of $3000. B has a new cost of $21000, a life expectancy of 7 years, a salvage value of $2000, and an operating cost of $5000. Assume an annual interest rate of %7. Which of the two units would you recommend ? What initial cost of machine A woul make the two machines identical in overal cost?
Draw the indifference curves that represent the following individual's preferences for peanut butter and jelly. Indicate the direction in which the individuals' utility is rising.
Find out the optimal prices, the number of tickets sold in each area and the seller's profit given that the seller wants to serve all consumers.
The marginal utility of a pizza is 20 utils, and its price is $2. If you buy one unit of each good, will you achieve consumer equilibrium? If not, how can greater total utility be obtained?
This statistic elucidates how that government antimonopoly strategy has been applied more harshly to the textile industry than to the automobile business.
Use this information to predict the annual number of VCRs sold if increasing competition from Asia causes VCR prices to fall by 10% with income and the price of DVDs is unchanged. 4.35 million 5.65 million 5.85 million 4.58 millio..
Elucidate how an economist could use the slope of the yield curve to analyze the probability that a recession will occur and why the spread may matter.
As a policy maker concerned with correcting the effects of gases and particulates emitted by and local power plant, illustrate what two policies could you use to reduce the total amount of emissions.
You have been asked to produce a forecast for your company's new product (bottled water). List out and briefly describe four factors you would consider before giving the forecast.
Illustrate the tourism industry in Florida prior to the spill and potential tourists, rightly or wrongly, fear polluted waters and ruined beaches from the spill, show the new lines and equilibrium points after the spill.
would there be any automatic Stabilizers in government budget. Would re be any distinction between full-employment deficits and actual beget deficit.
we haven't been able to say much on theoretical side about private information combined with complementarities.
A firm uses 50,000 workers to produce 200,000 units of output per day. Compute the values for the following four formulas.
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