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Larson has started a home wine-making business and he buys all his ingredients from his neighborhood farmers' market and a local bottle manufacturer. Last year he purchased $4,000 worth of ingredients and bottles and produced 2,000 bottles of wine. He sold all 2,000 bottles of wine to an upscale restaurant for $10 each. The restaurant sold all the wine to customers for $45 each. For the total wine production, calculate the value added of Larson and of the restaurant.
A small business owner estimates that the heat loss through the exterior walls of her warehouse will cost approximately $4,000 next year. A local company is offering insulation that can reduce the heat loss by 80%,
Socially approved patterns of market behavior, governance, and obligation are deter-mined by culture, not universalist utility-maximizing. Why is this insight fundamental to understanding the diversity of economic systems?
Real GDP Consumption Planned Investment Government Purchases Net Exports $1,000 $1,000 $100 $150 -$50 2,000 1,900 100 150 -50 3,000 2,800 100 150 -50 4,000 3,700 100 150 -501) Using the table above, answer the following question. The numbers in the t..
Use the capital-asset pricing model to predict the returns next year of the following stocks, if you expect the return to holding stocks to be 12 percent on average, and the interest rate on three-month T-bills will be two percent.
What are the implications for the supply curves facing the employers janitorial firms and hospitals?
Gold Trackers watching the value of precious metals and has daily information on prices and sales of gold for the last many years.
Draw a separate box diagram to show what the contract curve might look like if Aisha was concerned about very low consumption of food and clothing by Robin, but Robin was only concerned about his own consumption.
The BXC Company manufactures various types of parts for automobiles. The manger of the factory wants to get a better understanding of the overhead costs. The overhead costs include supervision, indirect labor, supplies, payroll taxes
Explain each of primary methods used for setting value, describing its applications, strengths and weaknesses, show the formula and compute an example for each method.
Suppose you may choose between two machines for production atyour store. Both machines have a useful cycle of 10 years. MachineA cost $10,000, leaves an annual (EOY) income of $2,500, machine Ahas annual expenses of $1,000
A parametrical study is expected to develop a suitable final design. The final design will include materials selection, mechanical design, technical drawings, and the cost estimation.
A small business that has taxable income of less that $50k purchases a machine for $10k. The machine yields an annual benefit of $5k over its 5-year life. Is the after-tax rate of return for this item closer to 5% or 12% Assume a straight-line de..
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