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Evaluate this statement: profit-maximizing firms lack an incentive to provide job safety, and consequently, the federal government must intervene legislatively to protect workers against unsafe working conditions that will surely result.
A company plans to invest $12,000 dollars on new equipment with an 8 year life to reduce operating costs. It is estimated that the savings will be $4,000 the first year but decrease by $400 each year for the remainder of the equipment's life. Determi..
To encourage energy efficiency of homes, government offers tax credits for families that spend money to improve energy efficiency of their homes. Use a market model (graph) for home insulation products to show how the tax credit will influence the eq..
Labor Supply. Catholic priests take a vow of chastity, forgoing marriage and intimate non-marital relationships. This question relates to the article posted on Angel
A store offers two payment plans. Under the installment plan, you pay twenty percent down and twenty percent of the purchase price in each of the next four years. If you pay the entire bill immediately, you can take a five percent discount from the p..
Some airline executives have called for "re-reregulation." Why might an executive of an airline prefer to operate in a regulated environment?
A deceptive practice is that one that misleads a _______consumer and where the conduct resulted in some sort of detriment to the consumer.
A company produces two main products: electronic control devices and specialty microchips. The average total cost of producing a microchip is $300; the firm then sells the chips to other high-tech manufacturers for $550. Should the company produce co..
Does the company have a stated policy on corporate social responsibility and what is the company doing to be socially responsible?
There are two kinds of expenses we need to look at here: capital and operational. Do a little research and explain what these things are. Now, what will the capital expense be for the ASRS(Automated storage and retrieval systems) ?
Educational reforms begin to significantly raise test scores of graduating high school seniors in the United States, and they enter the workforce with improved reading, math, and reasoning skills. What effect would this have on aggregate supply? Ques..
Suppose that James and bob live on the same street. In the winter both of them like the show on their street to be plowed. Bobs demand is given by Q=40-p and James demand ha given by Q=30-2p. Suppose that the marginal cost of plowing the snow is cons..
Shawn Bates was working to establish a business enterprise with four of his wealthy friends. Each of the five individuals would receive a 20 percent ownership interest in the company. A primary goal of establishing the enterprise was to minimize the ..
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