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XBC Inc. is planning to buy a new car. Model A costs $22,000 and is expected to have a life of 4 years. Model B costs $35,000 but it is expected to last 6 years. Model B provides a better warranty and it will save the company an average of $1,000 per year in covered costs. At the end of its life, either car can be replaced with a similar model at the same cost. The salvage value is expected to be 10% of original cost for either model. Using annual worth analysis and an interest rate of 5% per year, determine the better buy.
Determine equilibrium in wheat market with help of graphs. If re is an increase in price of rice, illustrate what will be its impact on market equilibrium.
The airline is considering building a new training center on this land.
q1. why do economists attempting to forecast short run future changes in real gdp and employment look closely at data
Illustrate what does the difference in the relative black-white wage ratios across regions indicate that Southern employers discriminated more than Northern employers.
If the economy is competitive so that factors of production are paid the value of their subsidiary products, what is the share of total income that will go to land.
In recent decades Americans have increased their purchase of stocks of foreign base companies.
Suppose that two people, Mary and John each live alone in an isolated region. y each have same resources available and y grow corn and raise pigs. What is John' opportunity cost of producing corn.
Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.
The annual maintenance cost is estimated to be $100K. A major renovation at a cost of $50M is required every 100 years. What is the capitalized cost of the bridge at an interest rate of 5%?
What is elasticity of demand for hamburgers at equilibrium. What are consumer surplus and producer surplus at equilibrium.
Illustrate what effect will each of the subsequent have on the supply of auto tires
Two consumers Jorge and Admen, together own 1,000 baseball cards and 5,000 Pokémon cards.
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