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An oil refinery must now begin sending its waste liquids through a costly treatment process before discharging them. The engineering department estimates costs at $300,000 for the first year. It is estimated that if process and plant alterations are made, the waste treatment cost will decline $30,000 each year. As an alternate, a specialized firm, Hydro-Clean, has offered a contract to process the waste liquids for 10 years for $150,000 per year. Either way, there should be no need for waste treatment after 10 years. Use an 8% interest rate and annual cash flow analysis to determine whether the Hydro-Clean offer should be accepted.
q.the following equations describe a small open economy. figures except the parameters are in millions of dollars. c
"Starting from an initial position of equilibrium with X – M =0, an economy experiences income growth. If this growth is due to an autonomous increase in investment, then the balance of trade will move into a deficit, while if it is due to an exogeno..
Prepare a Cash budget for the Quarter ending 30th September 2014 and prepare a schedule of cash receipts from debtors for the period ending 30th September 2014.
Discuss the following excerpt from a recent story in the Wall Street Journal. In your discussion demonstrate that you can use the concepts of: "price discrimination and "barriers to entry" to explain:
What are the potential consequences of a country having a large overall debt? If you were in the position to implement a solution for the country's long-term debt, what would it be and why?
Which statement most accurately captures the state of money today?
what right have we to burden our children and grandchildren with these debts while we live high on the hog. Discuss this
Calculate price, quantity and social surplus for the initial state and each policy.
What value of T makes these two cash flow diagrams (See Figure P4-74) economically equivalent at 8% annual interest?
Illustrate what is unusual about this market. Give an example of a good or service to might be characterized by this unusual market attribute.
Compare the efficiency of monopolistic and perfectly competitive markets. Discuss the economic factors that lead to the development of monopolies. Examples of monopolies include electric utilities, railroads, airlines, cable television, and sports le..
Discuss the predominant pricing strategy within the video game industry. Make sure to comment on the degree of market power (i.e., the ability to set price) possessed by firms in the market/industry. Consider the role of pricing practices such as pri..
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