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Compare two units, A and B. A has a new cost of $42,000, a life expectancy of 14 years, a salvage value of $4000, and an annual operating cost of $3000. B has a new cost of $21000, a life expectancy of 7 years, a salvage value of $2000, and an operating cost of $5000. Assume an annual interest rate of %7. Which of the two units would you recommend ? What initial cost of machine A woul make the two machines identical in overal cost?
Explain how many will be hired Daily Demand for Workers in a Purely Competitive Labor also Product Markets.
The manager is concerned that, despite the fact that the firm's competitors are comparatively small, collectively their annual revenue growth has exceeded 50 percent over each of the last five years.
Illustrate what whould be the appropriate elasticity to compute. Using the midpoint method, compute this elasticity.
Evalute with 95% confidence the decrease in percentage support between now and 6 months ago.
Characteristics of Proprietorships what percentage of sole proprietorships is engaged in retail trade? Why might more sole proprietorships be engaged in services rather than manufacturing?
A monopolist faces demand given through: P=100-4Q and has marginal costs given through: MC=10+2Q Create the demand, marginal revenue and marginal cost curves. Compute and demonstrate how much this firm will sell and what it will charge.
If there are multiple highest bids, then the winner is the bidder whose valuation is the highest or whose index is the smallest among the highest bidders.
Describe how much the consumer plans to spend in each year and how much she borrows or lends in the first year.
illustrate the effect of capital formation by comparing the product posibility curves,at the present time and ten years in the future for two economies,one with a high and the other with a lowrate of capital formation.
Unemployment numbers drop as more jobless Americans Find out positions in local businesses. Which determinant of aggregate demand causes the change.
Describe what a manufacturer of each product might do in the short run to raise production.
Decide whether the demand for paint is elastic, unitary elastic or inelastic. Explain you're reasoning also interpret your results.
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