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Cornell has two options for upgrading their athletic facilities. The off campus option costs only $20 million, but it will require frequent bus service to those facilities at an annual cost that starts at $300,000 and increases by 4% per year. (Buses, drivers, and mechanics salaries, maintenance, road wear etc). Improving the on- campus facilities will cost $50 million, but no extra transportation costs are required. Both options involve an estimated annual maintenance cost of $1 million for about 40 years before new facilities will again be needed. Using benefit-cost ratio analysis, determine which option is more economically efficient. Use an interest rate of 8% per year.
Can we say that the plant in country b is more efficient than the plant in country A? Discuss in terms of both technology and economic efficiency.
q. in 1999 mercedes- benz usa assumes a new pricing policy which it called nfp negotiation- free process that sought to
We want to consider elucidate how a change in the U.S. money supply affects interest rates. On all graphs label initial equilibrium point A.
In a large city, a good, real-world example for perfect competition would be. A firm under monopolistic competition will earn
Illustrate what is Consolidated Company's total profit under this condition.
Louisa is managing a training program for a major bank. She designs the following experiment to assess the effect of sleep on learning. A group of trainees is given a 3-hour session on some task, followed by a 2-hour test on what they have just learn..
A student has not yet graduated from school but is looking for a job. Is the student considered to be in the labor force? Why or why not? In what ways is GDP a misleading measure of economic performance? Is real GDP per person a sufficient measure of..
Explain what a market is by giving a definition of the term “market” in expressions like “the market for wheat,” “the U.S. market for anaesthesiologists,” and “the market for the common stock of company X.
Define the opportunity cost of getting your degree by analyzing what steps and economic factors a potential student must make when choosing to pursue an education. Given your answer, is getting a formal college education worth your opportunity costs?..
How much does the airport need to set aside now to pay for these costs, if the company can earn 10% per year, compounded every 4 months?
If the government decides to spend an extra $5 billion on fighter jets that they would otherwise have spent on road construction, and the MPC = 0.75, what is the effect on AD?
Should the Federal Reserve Board of Governors remain independent - What is the strongest argument on either side?
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