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A software company’s labor requirements currently cost $380,000/year. The labor-hour requirements are expected to increase by 8% per year over the next 5 years. If inflation is 6.0%, determine the labor costs after 5 years using:
How would each company determine the location of their facilities? List the specific needs and requirements of each company when determining location.
You are in charge of making recommendations based on economic forecasts to upper management of your firm, which produces widgets, and employs 2,500 workers. What would you look for in terms of leading indicators (discuss at least three indicators), a..
What would an increase in government purchases do to aggregate demand? When would an increase in government purchases be an appropriate countercyclical fiscal policy? If the current budget shows a deficit, what would an increase in taxes do to it?
Assume that the price of Smartphone’s increased from $420 to $444 per unit. The manufacturer decides to supply 15,000 units instead of 12,000. Calculate the price elasticity of supply.
An investment has a beta of 1.0. The risk free rate is 2% and current market return is 8%? What is the required return?
a multinational engineering consulting firm that wants to provide resort accommodations to certain clients is
The GDP deflator is a good cost of living index. GDP is more volatile in the short-run than the long-run. All government spending is in GDP. If GDP is adjusted for purchasing power, the US usually improves its relative position.
show the impact of the expeted future in gasoline prices on the current demand for gasoline by shifting the demand curve on a graph.
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil
Suppose that a Presidential candidate proposes to cut taxes by $120 billion in his or her first year in office. Assuming that the US is a large open economy and its MPC = 0.8, state the long run impact of this tax cut on Y, C, I, G, NX, r, ε, Sp, Sg,..
Sheridon Corporation is investigating automating a process by purchasing a new machine for $519,000 that would have a 6 year useful life and no salvage value. By automating the process, the company would save $135,000 per year in cash operating costs..
Suppose Katie, Kendra, and Kristen each purchase a particular type of cell phone at a price of $80. Kate's willingness to pay was $100, Kendra's willingness to pay was $95, and Kristen's willingness to pay was $80. For the three individuals together,..
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