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Scarecrow Manufacturing will need to begin paying a licensing fee of $7402 at the end of year 7. Scarecrow will have to pay the licensing fee for 8 years, but the fee will decrease each year by $124. Scarecrow wants to spread out this cost so it would like to make equal deposits in each year before the first payment. (In other words, by the time of the first payment, Scarecrow will have all of the money saved.)The bank account pays 6% interest compounded annually. How much does Scarecrow need to deposit each year before the first payment to cover the entire cost of the licensing fees?
describe the amount of output produced by Stone Company. How much profit will Stone Company make when it acts as a monopolist.
The president of the US announces in a press conference that he will fight the higher inflation rate with a new anti-inflation program. Predict what will happen to interest rates if the public believes him. If the public believes the president's prog..
q1. you have a part-time work-study job at the library that pays 10 per hour 3 hours per day on saturdays and sundays.
In what ways may a corporation’s structure and culture be internal strengths or weaknesses? Look at your organization, and analyze its structural and cultural strengths and weaknesses. How can the weaknesses be improved?
The simple case of a fixed per-unit tax is indicative of more complicated ones. Consider a proportional sales tax and a progressive sales tax. How do the tax revenues, and quantities produced compare in these various cases? Explain how value can be c..
How would you go about estimating the different probabilities of three alternatives occuring if you have little empirical data on which to base your estimates?
q1. consider the following market demand and supply curves.p9 .4 qsp30 - .3qdwhere p is the price per unit in dollars
A large percentage of the world supply of diamonds comes from Russia and South Africa. Suppose that the marginal cost of mining diamonds is constant at $1,000. What would happen to South Africa’s profit if it increased its production by 1,000 while R..
Explore one of the sophisticated alternative pricing techniques (i.e. price discrimination, price bundling, etc.) and provide an example of how it is used. What are some constraints that may limit the ability of firms to use these techniques?
Elucidate why might an economist be skeptical of Billy's discrimination complaint. Billy works for the local piano-moving company part-time after school.
Discuss the conditions that led to the development of global markets. How can the increased interest in international marketing on the part of U.S. firms be explained?
Specify the main economic (not political) drawback of an economic integrations among nations? Explain. What (what circumstances) makes adopting and implementing common macroeconomic policies (monetary, exchange rate) challenging in a Common Market ar..
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