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A hospital would replace five personnel that currently cover three shifts per day. 365 days per year. Each person earns $35,000 per year. Company-paid benefits and overhead are 45% of wages. Money costs 8% after income taxes. Combined federal and state income taxes are 40%. Annual property taxes and maintenance are 2.5 and 4% of investment, respectively. Depreciation is 15-year straight line. Disregarding inflation, how large an investment in the automation project can be economically justified?
What happens to the indifference curves when a household's income is reduced and how does a budget constraint explain consumer choices when used in conjunction with indifference curves?
suppose the hotel in the lecture example raised its price from 30 to 30.50. with the new price the hotel expects 96
the depreciation schedule for a machine has been arrived at by several methods. the estimated salvage value of the
Through the Vietnam War period, universities and colleges were overflowing with students. Was this bumper crop of students caused by a greater expected return on a college education or by a change in the opportunity cost of attending college? Describ..
Since 1997, at least three million vehicles have been recalled due to air bag related troubles. Of these, roughly half were due to troubles of the sort that only time and road experience are likely to reveal.
A, B, and C decide to act illegally as a cartel, to divide the market equally among the three of them, and to set the price and output that will maximize their total profits. What price and output do they set? What is the output level that each..
Devise a government subsidy that will induce private education providers to educate socially optimal number of students. Explain. Provide a $ amount for the subsidy.Does it ever make sense to not educate some students. If the example were couched ..
The producer surplus compare to the total fixed costs incurred
in a proposed cost cutting exercise a firm offers its workforce the following deal a cut in regular wages but a
describe how a firms microenvironment can determine how profitable it will be?provide examples of organizations as well
How important to a company's success is community involvement? Is it truly necessary or just encouraged? What does the company you work for (or one where you were previously employed) do for the community? Is this an attractive company for others in ..
the cost of pollution emanating from the chemical industry in billions of dollars iscp 3 p 3 p2where p is the
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