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One year ago a machine was purchased at a cost of $2,000, to be useful for five (5) years. However the machine failed to perform properly and has cost $200 per month for repairs, adjustments, and shut-downs. A new machine designed to perform the functions desired is quoted at $3,500, with cost of repairs and adjustments estimated to be $50 per month, for its useful life of five (5) years. Except for repairs and adjustments, the operating costs for the two machines are substantially equal. With interest at 8%, show whether it is economical to purchase the new machine.
etween February 2008 and Summer 2009 the Fed supplemented its open market operations with a greatly expanded program of direct lending (both overnight and short term 28 and 84 day loans) to commercial banks, investment banks, brokerage and primary de..
A monopolistically competitive firm is operating in the short run, is operating at the optimal level of output, and is earning positive economic profits. Describe how this industry will adjust in the long run.
Use the midpoint method to compute your price elastcityof demand as the price of compact discs increases. Compute your income elasticity of demand as your income increases.
A shirt company spends $1,000 per week on rent for its factory. Each shirt made at the factory requires $2 worth of cloth and $8 worth of labour and energy. Illustrate what is the marginal cost of a shirt.
The overarching reason of a measurement system should be to help a team, rather than senior managers, gauge its progress.
Explain why moody's decreasing the risk for these countries for example BBB BH and Cairo BBB how create this action by international instiutions effect international.
q.south korea can produce a maximum of 600 million toaster ovens or 900 million tons of rice per year. the u.s. can
q.two alternative designs are under consideration for a tapered fastening pin. the fastening pins are sold for 0.70
q1. timber companies in the united states cut down many trees on openly owned land. describe likely efficiency of
Show a point that is impossible for the economy to achieve. Show a point that is feasible but inefficient.
Hospitals are engaged in intense competition to fill maternity beds. What type of advertising would hospitals most likely use to advertise their new amenities like hot tubs in every room, filet mignon or lobster on the menu, and afternoon teas for th..
some firms leave the industry and the industry returns back to a long-run equilibrium. Illustrate what will be the new equilibrium price, assuming cost conditions in the industry remain constant.
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