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1. Susan can install the same more-efficient motor in another assembly line. This other line is producing (and operating) 25% more each year. The more efficient motor has no sal- vage value after a life of 5 years, costs $3000 more installed, and will save $800 the first year. What is the PW if MidWestTech uses an i of 10%? 2. A company in Texas will "buy" inheritances before they are actually received. If you will receive $20,000 when a rich aunt dies, how much would you accept now for this future inheritance? Money is worth 8% to you, and you "guesstimate" that your aunt will live 6 more years. (Answer: $12.60K)
Using a supply and demand diagram, illustrate the effects of the tariffs imposed on imported steel by the United States. How will these tariffs affect American manufacturers and consumers?
do you feel that the interest rate that is set by the federal reserve is too low?provide an argument why interest rates
what is the costbenefit approach that a typical economist takes to analyze regulations? what are the goals of taxation?
in an attempt to increase revenues and profits a firm is considering a 4 percent increase in price and an 11 percent
problem 1 in a study relating college grade point average to time spent in various activities students are asked how
Assume the total cost of a firm is given by TC(L, K, R) = 2L2 +3K2 +4R2 +3LK +5LR+6KR-35L -39K -53R+54 where L, K, and R are the units of labor, capital and the raw materials (all in 1000 units) used in production. Find the combination of labor, c..
Why is it difficult to measure the impact of recreation, leisure and tourism to the economy? What government policies have Encouraged?
the United States has been subject to increases in the illegal immigration of workers from Mexico, most of them unskilled, and the government has considered ways to reduce the flow. One policy is to impose larger financial penalties on employers wh..
Discuss how well these observations are explained by the modern classical model, the new Keynesian model, and any one other Keynesian model of your choice.
What is the firm's marginal cost?
write a 350- to 700-word essay comparing the similarities and differences between virtue theory utilitarianism and
How involved is the government in each economic system? What are the pros and cons of each system? What challenges do you think a country would face if they changed from one economic system to another?
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