Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Your oil company must decide whether to drill a well at a cost of $500,000 on a piece of leased property or to sell the lease for $1,000,000. The lease was purchased in 2003 for $120,000 and is on a prospect in a fairly well established field. Thus far, 65 wells have been drilled in the field. The results of drilling are 15 dry holes, 12 gas producers, 18 oil wells, and 20 wells producing both oil and gas. The present worth of all future production for each type of well is as follows: gas, $2,550,000; oil, $4,500,000; and both gas and oil, $3,600,000. If the decision is to be based on maximum expected value, what should be done?
What was the accounting profit for the new business. What was the economic profit or loss. Explain your calculations for both questions.
Describe the Schumpeterian notion of "creative destruction"
Disposable personal income equals personal income and two factors are the keys to determining labour productivity
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
If one defines incremental cost as the change in total cost resulting from a decision, and incremental revenue as the change in total revenue resulting from a decision, any business decision is profitable.
Why did people believe the difficulties Aisian economies were expericing in 1997-1998
Suppose that the only input used in the generation of solar energy is sunlight
Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd