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The manager of a large group of employees must decide if she needs another copying machine. The cost of a machine is $275 per 8-hour day whether or not the machine is in use. An average of 16.5 people per hour need to use the copying machine. Each person uses the copier for an average of 3.5 minutes. The employee cost is $31 per hour, and we assume that a waiting cost is incurred when a worker is waiting in line. How many copying machines should be rented to minimize cost?
Tanya imports sweaters from Peru and sells them from her home. She collects $400,000 in revenue a year, and spends $200,000 on the sweaters and shipping costs, as well as $25,000 on accounting services and utilities.
If a price ceiling is not binding, then
How do these things affect the U.S market of foreign-currency exchange and on net capital outflow (NCO): A tax reform that imposes higher capital gains tax to Americans involved in offshore banking?
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal co..
How are the different dimensions of globalization - economic, political, cultural, ecological - connected?
Explain your answer what would happen to the value of gold if public discovered that it could simply be made at home from inexpensive materials.
q1. illustrate the result of the passage of the motor carrier act in 1980? please use the internet search or other
Assume only two countries, China and the US. If China decides to stimulate growth through a policy of running a large export trade surplus, does China’s national saving increase? Show the relationship between China’s national savings, domestic invest..
Explain what are two initial responsibilities of the financial manager. From the Internet what are two additional ideas about the other activities that financial managers are involved in on a day-to-day basis.
If incomes rise for both low-income and high-income workers, but rise less for the high-income workers.
What type of compensation policy would you expect to observe in an industry with rapidly changing technology? Explain. Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival successfully kept p..
Find hourly wage rate of Home's economy.
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