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A contractor estimates maintenance costs for a new backhoe to be $275 for the first month with a monthly increase of 0.5%. The contractor can buy a 4 year maintenance contract for $18,500 at any point. If the contract is purchased at the same time as the backhoe is purchased the dealer has offered a 10% discount. Use i=0.75% per month. What should the contractor do?
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..
Describe the importance of Charles Darwin's trip to the Galapagos Islands in 1831. What were some of the key insights Darwin gained on this voyage? After the publication of On the Origin of Species, were his ideas immediately accepted? Do you t..
public policies often alter the costs and benefits of private actions. why is it important for policymakers to consider
a random sample of 10 economists produced the following forecasts forpercentage growth in real domestic
What market structure is used to benchmark allocative efficiency and why do we use it? Illustrate and explain using a diagram
What is the difference between gross private domestic investment and net private domestic investment? If you were to determine net domestic product (NDP) through the expenditures approach, which of these two measures of investment spending w..
aggregate demand involves the purchasing actions taken by consumers businesses governments and the spending by u.s. and
consider the case of a single polluter and regulator. the regulator knows the marginal benefit of pollution abatement
Draw a supply/demand diagram of the market for "loanable funds" in the U.S. Use the "interest rate" as the "price" of loanable funds on your diagram. Show the effects of a rise in the expected inflation rate on your diagram.
think of a business firm you recently visited such as walmart home depot red lobster barnes amp noble mcdonalds etc..
PARC Company has money to invest in an employee benefit plan and you have been chosen as the plan's trustee. As an employee yourself, you want to maximize the interest earned on this investment and have found an account that pays seven percent compou..
Explain how you would modify the data in order to make it relevant to decisions a manager must make. Explain the major factors that affect the degree of competitiveness in your industry.
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