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DL = SL in a perfectly competitive input industry or for an imperfectly competitive input industry that hires heterogeneous labor (or practices wage discrimination) but not for an imperfectly competitive input industry that hires homogeneous labor (or does not practice wage discrimination). both the statement are ture, anyone who can give me an explanation of that? thank you so much. DL is demand of labor, SL is supply of labor
Estimate the approximate after-tax rate of return (ROR) for a project that has a before-tax ROR of 24%. Assume the company is in the 35% tax bracket and it uses MACRS depreciation for an asset that has a $27,000 salvage value.
Sharp Company's records show that overhead was over applied by $10,000 last year. This over applied manufacturing overhead was closed out to the Cost of Goods Sold account at the end of the year.
Elucidate what percentage of the variation in salary is explained by this model. Describe the point estimate of salary for a teacher with 20 years of experience.
You are advising a software firm on developing appropriate disclosure policies. You spend some time analyzing the past data that the firm has made available to you and come up with the following numbers for a typical software product.
Considering the following concepts such as GDP, unemployment, monetary and fiscal policy. Pick an recent newspaper article (New York Times, Wall Street Journal, etc.) that focuses on DELL INC. Describe the event and the issue for DELL INC. (summarize..
q1. how concentrated are income gains among the top 110th of one percent?q2. how does cost-consciousness help in better
A beautiful bridge is being built over the river that runs through a major city in your state. The cost of the bridge is estimated at $600 M. Annual cost of the maintenance is estimates at $200,000. Also, every 10 years the bridge needs an overhaul m..
Suppose that you are considering the purchase of a security that has the following timeline of payments: How much would you be willing to pay for this security if he market interest rate is 6%?
The supply and demand curves are: Qs = - 800 + 15p and Qd = 3200 - 25p. Solve for the market equilibrium. Now suppose a tax of $20 per unit is imposed on consumers. What are the new equilibrium quantity, buyer's price and seller's price? What is tax ..
What is rent seeking and how does it differ from the kinds of profit maximization and profit seeking that we discussed in previous chapters?
Determine if each of the following value functions is loss averse. (a) v(x) = 0.25x for x > 0 and v(x) = 0.5 for x ≤ 0 (b) v(x) = √x for x > 0 and v(x) = 0.5x for x ≤ 0 (c) v(x) = ex for x > 0 and v(x) = −√−x for x ≤ 0 (d) v(x) = √x for x > 0 and..
What can be accomplished about the impact of transportation costs on the price of the traded product in each trading nation.
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