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A new widget, with a service life of four years, would save $50,000. in production costs each year. Using a 12.00% nominal annual interest rate, determine the highest price that could be justified for the widget, i.e., determine the present value of these future savings. Lump each year's savings at the end of the year. Work the problem again and take the saving at the end of each month. ($151,869 and $158,221) WITHOUT USING EXCEL
Think a competitive industry consisting of one hundred identical firms each with the following cost schedule,
Explain the concept of externality in economics? Give one example of a positive and a negative externality in Australia and what is Thorpe's marginal cost of GPA? Show and explain how his MC curve is derived.
Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is $.75 and the price of peanuts is $1.50.
country a produces two goods elephants and saddles. in the year 2006 the 10 units of elephants produced sold for 2000
Antitrust Practices and Market Power
Hasbro is approached by a savvy economist who has figured out a way to identify each market and segregate them. The demand from bronies and little girls is as indicated above.
Over the past 25 years, tuition at Brockport State has been steadily rising. During the same time period, the number of students attending has also been increasing. It looks like the quantity is going up as the price increases in violation of the ..
1. ajax inc. is a monopolist. the estimated demand function for its product isqd 120 u2013 0.8p 12y 4awhere qd
Regulations for the banking and financial industries have existed in the United States since the beginning of our country. Give a brief overview f the history of these regulations, focusing mostly on the great depression years of the 1930's.
Protectionist trade policies are often enacted with the political intention of strengthening exports, and hence GDP. Examples of protectionist trade policies include quotas and import taxes. What is the impact on overall GDP?
Why are new surgical techniques developed with public funds whereas pharmaceutical research and development is conducted privately by for-profit firms?
select one 1 of the following categories of products to research sports apparel automobiles home furnishings or
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