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Q. A woman managing a photocopy establishment for $25,000.00 per year decides to open her own duplicating place. Her revenue during the first year of operation is $120,000.00 and her expenses are as follows:
Salaries to hired help 45,000.00Supplies 15,000.00Rent 10,000.00Utilities 1,000.00Interest on Bank Loan 10,000.00
Calculate
(a) the explicit costs, (b) the implicit costs, (c) the business profit, (d) the economic profit, and (e) the normal return on investment in this business.
her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle, and the price of cheese is $4 per pound.
Make sure to include any important points or conversions. Please provide a copy of the article when turning in the paper so it can be reviewed.
Subsequently the customer paid the balance on 22 October 2012. To customer the Credit terms offered.
Prepare a flexiable budget performance report, assuimng that the company worked 8,500 direct labor hours during the month.
How does the real wage rate at point c compare with the real wage rate at point a. How do nominal wage rates compare at those two points.
Explain how do you think higher demand has affected equilibrium wage. In which direction do you think labour supply and demand shifted.
An Onyx Corporation design also manufactures a broad range of fluid handling also industrial products.
According to national income accounts, investment always equals savings in a closed economy. only in equlibrium would savings be equal to investment. hence, we are always in equlibrium. true or false.
Elucidate the supply function for a perfectly competitive industry with constant returns to scale? Consequently, what will be the equilibrium price and equilibrium profits for this industry.
q.the pbp company acquired a warm n cook heat treating furnace so that it can properly heat treat parts for its high
From the scenario, suggest substantive ways in which Herb and Renee may use the information in the table in order to ascertain the profit maximizing level of output and price. Provide a rationale for your decision.
Illustrate what is the effect of Westland's expansionary monetary policy on Eastland's nominal exchange rate in the short run also in the long run.
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