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A company is considering the purchase of a new piece of equipment. The new equipment is expected to reduce manufacturing costs by $20,000 per year for 2 years, and by $15,000 per year for years 3 through 6. What is the present worth of these cost savings using an interest rate of 18% per year?
If the minimum wage is set at $100, how many will be unemployed? If the minimum wage is equal to $125, what is the quantity of labor supplied, the quantity of labor demanded, and number unemployed?
Suppose that the government imposed a $1 tax each time someone used an ATM.
The probability of successfully drilling exploration well in a region is 40%, the cost of drilling and completing a well is $50 million and if the well is successful, the etimated size of the discovered reserves is 50 MM barrels. On the other hand, a..
Suppose that Jean is an unskilled worker who is making the market wage of $7 per hour and that the market for unskilled labor is competitive. Assume there is no minimum wage. If Jean could lobby the government, what position should she take regarding..
Guest Corporation issued (sold) 1,000 shares of its no par common stock for $110 per share. The bylaws established a stated value of $100 per share. The transaction is recorded as an increase in contributed capital of a. $ 100,000. b. $ 110,000. c. $..
As we noted in class, most members of labor unions work in the public sector, industries that are regulated, or industries in which production is concentrated into a few firms. “Right to work” laws in several states (mostly in the South and the Rocky..
Sketch a diagram that illustrates what happened to the Bridgewaters' budget constraint. What could they have been made worse off by the change.
Analyze five aspects of the transaction, comparing the online experience to a traditional in-store experience. Discuss the advantages and disadvantages for each aspect of the online purchase. What ethical or legal issues do you recognize?
Explain the relationship between the price elasticity of demand and total revenue. What are the impacts of various forms of elasticities (elastic, inelastic, unit elastic, etc.) on business decisions and strategies to maximize profit? Explain using e..
What are the key trends impacting consumer behavior that may develop within the next 5 years? Consider the past 5 years and the expansion of movements such as social media, mobile media, and other emerging technologies, and respond to the following: ..
Elucidate what happened to Ikonomia's net foreign assets during 2007. Did it acquire or lose foreign assets during the year.
q. assume the united states exports 2000 computers at a cost of 3000 each and imports 200 uk autos at a cost of
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