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A manufacturer plans to open a new plant. The new plant will cost $4,000,000 to build and make ready for production. Company management believes that the plant will produce a net profit of $150,000 in the first year and that profit will increase 5% per year until year 6 at which point profit will remain constant for the remainder of the plant's useful life. Determine the payback period for the plant. Do not consider the effect of interest. Express your answer in years to the nearest whole year.
Explain how the joint venture can take advantage of the Polish cultural differences to build a stronger organization.
Which of the following might explain why the government would create a price ceiling for a certain good?
A market consequence of the establishment of a price floor program is that price will be:
Use several alternative discount rate values (1% to 10%) to investigate the sensitivity of the present value of net benefits of the dam in exercise (1) to the assumed value of the real discount rate. Determine the "breakeven" value of the discount ra..
Most labor economists believe that the supply of labor is..
Suppose SRAS is horizontal as believed by Keynesian economists and is given by P = 110 and that the aggregate demand curve is P =200-2Q. Now suppose that the SRAS shifts upward from P=110 to P = 115. What will happen to the inflation rate? What will ..
q.a major producer of consumer goods set out to forecast the price of fresh salmon three years ahead. such a forecast
Assume bad wear in Florida ruins much of orange crop. Illustrate what happens to consumer surplus into market for oranges.
q.luella has to pay an interest rate of 50 to borrow. she only gets an interest rate of 5 if she lends. she is
Tennessee provides insurance coverage for up to $25,000 in annual health expenses. Of the $25,000, the most that can be spent on hospital bills is $15,000. Expenses above these thresholds are not covered by the state plan. Is Tennessee consistent wit..
Are you concerned that automation may increase unemployment or underemployment in the United States and around the world.
The president of the United States announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what happen to interest rates if the public believes him.
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