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Wong Industries is depreciating the value of its machinery over a thirty-year life. Its original value was $1,000,000 and it is assumed to have a scrap value of $100,000. After 20 years, it is decided that the machinery still has another twenty years of life left but it will then be worth nothing. Find a piecewise linear function that describes the broken-straight-line depreciation that the company is using
Joe, the owner of Super Taco, has historical sales info from recent price changes. Joe is certain no other demand factors, such as compeitor prices or consumer income, have significantly changed.
Suppose that the production is given by Y=A*K^0.5*L^0.5, where Y is GNP, K is capital stock and L is labor. Initially A is equal to 10. If capital is 100 and labor is 400, what is The total amount of output paid to labor
As you are analyzing the data, apply econometrics methods (linear regression, statistical mathematics, nonlinear regression, or another relevant model) to validate data and determine strategies and solutions for the economic data retrieved. Data n..
Tony owns a fancy Italian restaurant, Tony's Trattoria. He uses only the finest ingredients and hires the best chefs in the country. Suppose Tony's total cost function is given by the following relationship: TC =100 +10Q +Q^2 , where Q is the numb..
You have recently moved to Hanscom AFB MA and need to make a decision between living in base housing or buying a home in the local market. Compare the following costs and benefits on an annual basis.
Show how the allocation of the loss of total consumer and producer surplus between suppliers and demanders described in part b depends on the price at which broccoli is sold. How woiuld the loss be shared if P = 140
A rich graduates of engineering program at your University wishes to start an endowment that will provide scholarship money of $40,000 per year beginning in year 5 and continuing indefinitely.
You are considering opening a new business to sell golf clubs. You estimate that your manufacturing equipment will cost $100,000, facility updates will cost $250,000, and on average it will cost you $80 (in labor and material) to produce a club.
What constitutional provision provides the better support the Commerce Clause or Fourteenth Amendment and why?
1. suppose z follows a standard normal distribution i.e. a normal distribution with mean 0 and variance 1.a. what is
Derive a product rule for y = F(x)S(x)T(x), where F, S, and T are each differentiable functions. Show that in words it says: to multiply two factors by the derivative of the third factor, and do this in all three possible ways and add the results
The forecasting staff for the Prizer Corporation has developed a model to predict sales of its air-cushioned-ride snowmobiles. The model specifies that sales S vary jointly with disposable personal income Y and the population between ages 15 and 4..
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