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How much would the owner of a building be justified in paying for a sprinkler system that will save $750 a year in insurance premiums if the system has to be replaced every 20 years and has a salvage value equal to 10% of it's initial cost? Assume money is worth 7%
Why do economists argue that an emissions tax is a more efficient way to reduce pollution than an environmental standard?
If the firm sells output in a perfectly competitive market and other firms in the industry sell output at a price of $35, what level of output should the firm produce to maximize profits or minimize losses? What will be the level of profits or losses..
The backward-bending labor supply curve includes each of these variables except
q1. some restaurants offer all you can eat meals. how is this practice related to diminishing marginal utility? what
Would a lump-sum profits tax affect the profit-maximizing quantity of output? How about a proportional tax on profits? How about a tax assessed on each unit of output? How about a tax on input xi?
What are some examples of how business intelligence (BI) helps organizations make decisions? How does a BI dashboard aid in the decision-making process?
The traditional U.S. auto industry (the Big Three) has struggled for many years against competition from foreign-owned automobile companies. Their struggle was dramatically heightened in 2008 with the world-wide credit crunch and economic slowdown. W..
If a two linear demand curve run through a common point than at any given quantity the curve that is flatter is more elastic? Whether buyers or sellers bear the majority of the tax burden depends on who initially imposed the tax?
what assumptions are necessary for a market to be perfectly competitive? in long-run equilibrium all firms in the
Find out the total revenue and marginal revenue functions for men and women.
Take a minute to think about the demand for college education and whether or not the costs of attending college (not just tuition, but also some of the opportunity costs associated with attendance) influences the number of students who attend college..
Explain is it possible for the new long-run equilibrium price to be above the original long-run equliibrium price.
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