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Q. Rafidah was earning $100,000 a year working as a scientist for a drug company. She decided to start her own business that conducted drug trials. She estimates this entrepreneurial talent or forgone entrepreneurial income to be $10,000 a year. She used $500,000 in savings that earned 5 percent interest annually to finance the new business. In the first year, the firm earned revenue of $1,500,000. The costs for rent, supplies, and employees' salaries were $1,100,000. What was the accounting profit for the new business? What was the economic profit (or loss)? Explain your calculations for both questions.
find three products advertised and sold over the internet with senior citizens discounts what are they, and how big are the discounts? Do the same products feature student discounts? If so, how large are they?
What should Zelnick and Conroy do. Should BMG integrate. Should they continue to work with a wide array of technology partners.
q. what is the value of a piece of land? consider the following scenarios.1 suppose that you own a farm run by tenants.
The best use of scarce resources paid for at the minimum level of cost to consumers and businesses
Illustrate what happens if the insurance plan reduces the deductible to zero. What happens if the coinsurance rate is increased.
Draw a set of indifference curves that would make it optimal for him to work 4 hours of overtime each day.
Describe how the product has changed in price and explain whether the price change is due to supply or demand. Did the change in price affect your decision to purchase the item?
show the impact of the expeted future in gasoline prices on the current demand for gasoline by shifting the demand curve on a graph.
Some say which we should propose an amendment to the U.S. Constitution which would need a balancing the federal budget
Comprehension and understanding - Critical thinking and analysis and understanding of the Law of Torts
Explain why is the index of industrial production an appropriate coincident indicator. Why is the average prime rate charged by banks an appropriate lagging indicator.
How many units will be traded at a cost of $35? At a price of $14. Which participants will be dissatisfied at these prices.
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