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To pay off $60,000,000 worth of new construction bonds when they come due in 19 years, a water municipality must deposit money into a sinking fund. Payments to the fund will be made quarterly, starting 3 months from now. If the interest rate for the sinking fund is 9% compounded quarterly, how much will each deposit be?
Explain why the demand for the good or service provided by the organization you work for is elastic or inelastic. How does this influence pricing decisions?
J&M Company is a real-estate developer considering a 40-unit apartment complex in a growing college town. As the area is also booming with foreign automakers locating their U.S. assembly plants the firm expects that the apartment complex, once built,..
For the range of prices that you are planning to charge, own price elasticity of demand is believed to be -1.5. Calculate the optimal (profit maximizing) price that you should charge. Show all calculations.
You operate a small but popular and profitable restaurant/bar in a college town. There are several other restaurants and bars nearby. You have conducted a market research study and discovered that the price elasticity of demand for local residents is..
Lindsey's Pretzel plant has the following short-run function: C(q,K) = (wq^3) / (1,000K^1.5) + 50K Where q is Lindsey's output level, w is the cost of a labor hour, and K is the number pretzel machines Lindsey leases. Determine Lindsey's profit/loss...
There are two excavators to choose from, A and B: The capital cost tor Excavator A is $150k, runs for 4 years and the maintenance costs are $20K per year. The capital cost for Excavator B is $150k, runs tor 3 years and the maintenance costs are $15k ..
Define the concepts of interconnectedness and complexity as it relates to urban planning. Why are these two concepts so important to urban planning? Explain what Woodrow Wilson (1887) meant when he claimed that politics and administration should be c..
q1. due to the housing bubble many houses are now selling for much less than their selling price just two or three
In response to the Great Recession a number of European governments adopted aus- terity policies which cut government spending on goods and services. Assuming no change in autonomous consumption or in autonomous investment, explain whether such an au..
In the long run, if the demand curve of a monopolistically competitive firm is tangent to its average total cost curve then
How might this potentially benefit students? What problems might high schools and colleges face in trying to help students evaluate the future earnings' prospects of various jobs?
The rate at which one input may be substituted for another input in the production process, while total output remains constant
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