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The student chapter of the American Society of Mechanical Engineers is planning a six-day trip to the national conference in Albany, NY. For transportation, the group will rent a car from either the State Tech Motor Pool or a local car dealer. The Motor Pool charges $0.37 per mile, has no daily fee, and pays for the gas. The local car dealer charges $32 per day and $0.21 per mile, but the group must pay for the gas. The car ’s fuel rating is 21 miles per gallon, and the price of gas is estimated to be $2.08 per gallon. at what point in miles, is the cost of both equal. in other words find the break even point in miles
Compare the additional revenue Microsoft makes as it moves from 20 million to 40 million copies of Vista with the additional revenue it makes as it moves
If you want to have $301,301 in 19 years, how much money should you put in a savings account today? Assume that the savings account pays you 6.99 percent, compounded monthly. Cooling Tools, Inc. is currently producing 671 of small refrigerators per m..
Suppose that changes in technology cause individuals to demand lower money balances for every nominal interest rate. Suppose the Fed does not adjust the money supply in response. Investigating first the money market and then tracing the effects to th..
You have decided to purchase a new automobile with a hyprid- fueled engine and a six - speed transmission. After the trade - in of your present car, the purchase price of the new automobile is $30,000. Should you accept the 3 % finance plan or accept..
According to classical economists, the credit market reaches an equilibrium when:
The price elasticity of demand for gasoline is 2. What effect will a 10% reduction in the quantity of gasoline placed on the market have on the price of gasoline?
If social Security were considered part of the general budget then?
Assume that the market for unskilled fast food workers is given by the following equations: Find the equilibrium price and quantity solving the two equations. Show graphically the demand and supply curve and mark the equilibrium wage on the graph.
How are the organizational options for implementing an international strategy related to the M-form structure described in Chapter 8? Are these international organizational options just special cases of the M-form structure, with slightly different e..
It’s time to get a new laptop that is $2500. If you finance it, you will be charged 8% annual interest and it will take you two years to pay it off, paying each month. (A)How much will you pay each month for this laptop? (B) What are your total acqui..
Knowing that there are different methods to compute the depreciation of an asset, which method do you think is best for taxable deductions and paying less taxes and why? Which you prefer to choose?
Clarify why you chose this agency as well as what the impacts to you have been. Do you consider the impact to be positive or negative.
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