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By installing some elaborate inspection equipment on its assembly line, the Robot Corp. can avoid hiring an extra worker who would have earned $36,000 a year in wages and an additional $9500 a year in employee benefits. The inspection equipment has a 6-year useful life and no salvage value. Use a nominal 18% interest rate in your calculations. How much can Robot afford to pay for equipment if the wages and worker benefits were to have been paid monthly?
Top Gun Marketing, Inc., offers overhead banner fly-by promotion services using their Cessna aircraft and banner creation facilities.
A business have 4-lockbox collection centers that average $235,00 in payments each day. Payments are invested daily in shortterm securities at collection center banks.
Illustrate what can you say regarding your price elasticity of demand of apples
Elucidate why relatively flat as opposite relatively steep labor demand curves are more consistent.
Explain how does the Heckscher-Ohlin theory differ from Ricardian theory in explaining international trade patterns.
Explain why does the government support public education when the private sector also provides this service.
Suppose that a perfectly competitive company is currenly producing 5,000 units of output and is earning $10,000 in total revenue.
Computer the amount of manufacturing overhead incurred for the month. Suppose all costs are actual. Using actual costing, compute the cost of one unit.
Illustrate the potential problems of economic transition from a planned economy to a competitive free-market economy.
The invisible hand theory which essentially says, people through pursuing their own economic self interest, help allocate resources in the economy as if an invisible hand is at work to do so.
How large is the desired fiscal stimulus. Explain by how much do income taxes have to be raised to get that restraint.
Elucidate the policy which change, you would recommend also how this change would be financed.
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