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The owners of the clinic in exercise 11.1 invested $400,000. What is the return on investment? Is it adequate? ROI = (Net Profit/Cost of Investment) x 100 – Net profit represents the number of sales dollars remaining after all operating expenses, interest, taxes, and preferred stock dividends (but not common stock dividends) have been deducted from a company’s total revenue.
A local landfill currently charges $100 per half ton load of waste to dump. The marginal costs to the landfill of operating the dump are about $60 per half ton load of waste. Assuming the landfill pricing is dynamically efficient, what is the MUC of ..
A student has not yet graduated from school but is looking for a job. Is the student considered to be in the labor force? Why or why not? In what ways is GDP a misleading measure of economic performance? Is real GDP per person a sufficient measure of..
Illustrate what is the equilibrium price for computers in the market. How many units of computers will be sold at this price.
plot the total, average, and marginal functions for both revenue and cost. [Note: Use a two-part graph similar to Figure 2.1 that places the total function in the upper part and the average and marginal functions in the lower half. What is true of th..
Using the equi-marginal principle and the condition for consumer utility maximization, please explain the effect on the consumption of gasoline when prices increase. You may assume that the utility of money is constant.
q.assume which at current factor cost s cloth is produced using 40 hours of labor for each acre of land and food is
comment on the following statement from a newspaper article our junior high school serves a splendid hot meal for 1
The useful life of a machine is 6 years with 1,800 hours of operation annually. The estimated annual ownership and operating cost is $72,450. What is the hourly ownership and operation costs? If the production rate of the machine is to excavate 30yd^..
Multinational enterprises are sometimes compared to colonial enterprises that operated at the end of the 19th century. Colonial enterprises were often private firms that benefited from government protection and control of foreign countries. Is this a..
Now assume that oil prices increase. After the increase in oil prices, the inflation rate in the economy is 9%. Now assume that the federal government decides to increase government spending in order to combat the rise in oil prices. After the increa..
you will explain the impact of employment and unemployment in a free market economy. The country of France legislated the maximum length of a workweek. Because Americans tend to work more hours than Europeans, should the US government also legislate ..
we haven't been able to say much on theoretical side about private information combined with complementarities.
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