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The construction cost of a permanent park is $600,000. Annual maintenance and operation costs are $120,000 per year. At an interest rate of 10% per year, the capitalized cost of the park is nearest to:
A perfectly competitive industry is initially in a short-run equilibrium in which all firms are earning zero economic profits but in which firms are operating below their minimum efficient scale.
what is the marginal cost for Apples-R-Us? show that Apple-R-Us marginal cost curve intersects average costs at average costs minimum?
A company will borrow $50,000 for new equipment and will repay the loan in 5 years. What is the best option and how much difference will it make in the final payoff amount?
q1. in july 2012 u.s. gasoline had a nominal price of 3.49 and in july of 1992 it was 1.14.determine the real price of
Which strategy offers both Westinghouse and General Electric the best financial outcome. Among which of the following is an example of a good with an inelastic supply.
Why is off shoring inevitable in some jobs? What jobs are in danger? What jobs are insulated or protected from outsourcing? What can you do to protect your job from being outsourced?
What will happen to price of old car taken as an inferior goods whose substitute is new car if income of the people rises.
Show why this equilibrium point is unique, i.e. if we are not at point E, illustrate what would happen in this economy.
Your weekly costs to producing q units are given by the following equation: C(q)=7+10q+3.5q2 +q3. With this technology, AC is minimized at approximately q = 1.11. What is the long-run equilibrium price of in this market, given that there are no barri..
Now that you are an expert on elasticities, what do you think would be the best time of year to raise prices, and why? What do you think the elasticities are in the flower business? Use graphs and hypothetical tables to support your answer.
he or she rents 63 movies per year at the same price per movie. What is the implied income elasticity of demand for movies? Are movies a normal good or an inferior good?
Find the optimal crude oil allocation for the following example if the profit associated with square foot of fiber is cut to $0.375,
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