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An engineer turns down a job offer of Rs500, 000 p.a. to start his own business. He will invest Rs 7 Lack of his own money, which has been in a bank account earning 10% in int7est per year. He also plans to use a building he owns that has been rented to another business for Rs 10,000 P.M. Revenue during the year was Rs 15Lakh, while other expenses were.
Advertising Rs 50,000Rent Rs. 100,000Taxes Rs. 50,000Employee's Salaries Rs. 400,000Supplies Rs.50,000
Prepare two income statements, are using the traditional accounting approach another using the opportunity cost approach to determine the profit.
Explain how much does the customer pay. Explain how much does the government receive as tax revenue.
illustrate what does this mean for the survival of small firms in the industry.
An upward or downward movement along a given demand curve or involves an outward or inward shift in the relevant demand curve for housing.
Discuss the point price elasticity of demand for Tweetie Sweeties. Discuss the point advertising elasticity of demand.
Illustrate what the reason which individuals households at some time in their lives spend more than they earn and at other times save some of what they earn.
Discuss major fundamental shortcoming of theories of cost determination in england prior to roughly 1870, why failure.
What is the relationship between the marginal rate of substitution between leisure as well as labor as well as the marginal product of labor in the RC model.
Did the economic recession we've experienced recently affect your organization
Illustrate what direction wills each of the subsequent occurrences shift the consumption also saving schedules, other things equal.
If the table represents the demand faced by a monopoly firm, then Illustrate what is which firm's marginal revenue as it increases output from 1300 units to 2200 units? Elucidate how all work.
Compute the industry o/p also marketplace share at the present price of $2,200, assuming the prices are stable also un such as to change.
Enlighten the budgetary challenges state governments would face if the economy were to go into a recession also the unemployment rate were to increase.
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