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A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $2,654 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a used van for $7,666 and pay for maintenance herself. She expects to keep the van for three years at which time she could sell it for $1,832. What is the most she should pay for uniform annual maintenance to make it worthwhile to buy the van instead of leasing it, if her MARR is 20%?
Through the energy crisis of the 1970s, and again in the last five years, Congress bemoaned the “price gouging” and “windfall” profits of the major oil companies. In the 1970s Congress imposed an “excess profits tax” on these companies. It did not do..
The market supply and demand functions for a product traded on a perfectly competitive market are given below: QD = 40-P QS = -5 +4P. Based on this information, calculate the equilibrium price and quantity in this market.
If the demand for money becomes more insensitive to changes in the interest rate, equilibrium in the money sector will have to be restored mostly through changes in income. This implies a flat LM-curve.” Comment on this statement.
Goods and services not purchased in markets, such as food produced and consumed at home, are usually not included in GDP. How might this impact our measure of economic well being Should we try and include these types of good when measuring GDP
some products require special custom-made trucks to transport by road. if a trucking company contracts with a
An individual who is employed part time, but is looking for a full-time job, is classified as:?
the economic union was formed in 1957 by west germany france italy belgium the netherlands and luxembourg. today 27
Examine the models of oligopoly and create at least one recommendation for improvement. Describe your rationale.
managed care plans tend to lower health care costs yet the level and growth of managed care premiums are similar to
What is the corresponding stock variable to the flow variable "investment"
1. consider the demand function x alphamp that emerges from a cobb-douglas tastes. a. derive the income elasticity
d) Which input bundle represents efficient production of 100 units of output if the rental paid to capital is $25 and he wage paid to labor is $50? Round any decimals to the nearest hundredth. e) Derive the firm's cost function using the rental and..
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