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What is the maximum it would be reasonalble for the owner of a building to pay for a new sprinkler system if it would save $843 per year in insurance premiums? Assume it would have a life of 20 yrs and a salvage value equal to 10% of it's first cost. Assume also that the owner would like to make at least 7% on his investment. Provide answer with two decimal place precision.
suppose three identical firms are engaged in cournot competition in quantities. they all have marginal costs 40.
the fully allocated cost of a product is $10. If the price elasticity of demand for the product is -2, then the firms optimal markup is: 10%, 100%, 200%or 300%.
demand supply and the determination of market price1.for a particular week in june three families - smith jones and
a city government is considering increasing the capacity of the current waste-water treatment plant. the estimnated
you are a business owner firm that manufactures a specialized product in the united states. while developing a 5-year
Show the relationship between EV, CV, and consumer surplus using compensated and uncompensated demand curves. If you your income is $ 1million,you spend $100 on good 1, and income elasticity was 0.02, does it matter whether you use EV, CV, or consu..
1. suppose that ambers demand for gasoline is given by g 1000 - 200pg where g stands for gallons of gas and pg
What levels of G and T are needed to both move to full employment at Yf and balance the budget? Now assume economy is operating at full employment and that the budget is balanced. Suppose that the government imposes an income tax with a marginal t..
The substitution bias in the customer price index refers to the:
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
most americans love participating in or at least watching sporting events. some feel that sports have more than just
write an assessment of local economic development programs within your community. be sure to address key issues
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