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A firm purchased some equipment at a very favorable price of $30,000. The equipment purchased in an annual net savings of $1000 per year during the 8year it was. At the end of 8 years, the equipment was sold for $40,000. Assuming interest did the equipment purchase prove to be desirable?
The short-run aggregate supply curve slopes upward because of all of the following reasons except:
Demand for football tickets at a state university is Qd x = 80, 000−12, 000p. The capacity of the stadium at that university is 50,000 seats (In other words, Qs x = 50, 000). a. Find the marginal revenue curve that corresponds to the demand curve. Fi..
Demand curve facing a firm in a perfectly competitive market each firm is so small and re are so many firms that none can affect price.
Assume the interest rate is at equilibrium at 8% and the money supply is increased by 100 from Ms1 ti Ms2. If the interest rate remains at 8%
Give example of a particular trade deficit from your own experience, commenting on how the trade deficit affected strategic decisions for a firm. Discuss how the economic recession we've experienced has affected the U.S. trade position with key count..
Explain the effects of each of each of the following factors on the economy’s price level and real GDP. Illustrate your explanations with appropriate diagrams.
Jenna is a single taxpayer with no dependents so she qualifies for one personal exemption. During 2013, she earned wages of $122,000. She doesn't itemize deductions, so she will take the standard deduction and her personal exemption to calculate 2013..
if they use a regulation should they allow for pollution permits? explain the benefits and detriments of each form of control. what would you recommend?
A price-setting firm faces the following estimated demand and average variable cost functions: where Qd is the quantity demanded, P is price, M is income, and PR is the price of a related good. The firm expects income to be $40,000 and PRto be $53. T..
q. in 1976 the parents of a seven year old boy sued a new york hospital for 3.5 million. the boy was blinded shortly
Why is it important to adjust for inflation when comparing nominal quantities at different points in time. What is basic method for adjusting for inflation.
Let's work on an example of calculating Marginal Costs. The book describes Marginal Costs as the additional cost incurred when the output is increased by one unit. However, sometimes in the real world information isn't available for increases of sing..
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