Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Jane is trying to decide which of three career paths to pursue. The first one requires one year of training at a cost of $10,000. The second requires two years of training at a cost of $7,000 per year. The third requires four years of training at a cost of $4,000 per year. If she opts for career path one she can work for five years after training is completed earning an incremental wage rate of $2,000 in year 1, $3,000 in year 2, $3500 in year 3, $4,000 in years 4 and $5,000 in year 5. If she elects career path two she will earn an incremental $9,000 the first year after training is completed and $8,000 the second year after training is completed and $4,000 the third year after training is completed. She will only have incremental earnings for three years after training if she elects career path 2. If she opts for career path three she will have incremental earnings of $6,000 per year for each of the five years after training is completed. After this time she will have no incremental earnings.
a. Assuming the first year of training is not to be discounted. Calculate the present value of the costs and the present value of the benefits of each career path assuming an interest rate of 3% and then again at an interest rate of 10%. Which of the career paths should she pursue under each interest rate?
Based on the Coase theorem, if private parties can bargain without expense, then the private market will solve the problem of externalities
It is supposed that the liquid soap market is perfectly competitive and current price of a case of liquid soap is $42.00. The firm has estimated it's marginal cost function to be as follows: MC=0.006Q.
Assume the government sets an effective price floor in market for oranges and agrees to buy all oranges that go unsold at that price. The oranges bought by the government are discarded.
Determine the effect of an raise in the quantity of money and find the difference between real variables and nominal variables? Are these variables affected through the quantity of money?
Suppose an economy of two firms and two consumers. The two firms pollute. Firm 1 has a marginal savings function of MS1(e) = 5-e where e is the quantity of emissions from the firm.
What price should do you charge if it wants to maximize its revenue from this concert? And, how much revenue will it receive?
About the topic of national debt, it just likes we lent money from our offspring. Most of us think the debt is bad.
Draw a network that depicts the company's distribution network. Identify the supply nodes, transshipment notes, and demand nodes on the network.
IBM Company has a reputation for not necessarily making new technology, but acquiring relatively new firms with innovations and successful technology.
Compute the best response function of each firm in terms of prices. Compute the resulting equilibrium price quantity combination for each firm. Describe your answer with a suitable graph. Also calculate optimal profits of each firm.
Set up the consumer's utility maximization problem for prices pi, p2 and income m and how can this person be better off than by consuming the bundle
Find an expression for the marginal product of labor, MP L , when the amount of capital is fixed at 16 units, and then illustrate that mardinal producer of labor depends on the amount of of labor hired by calculating the marginal porducto of labor..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd