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Q. Assume a machine which has a useful life of only one year costs $2000. Assume, also, that net of such operating costs as power, taxes and so forth, additional revenue from output of this machine is expected to be $2300. What is rate of return on this machine?
How might you construct a measure of the "change in the price level" What additional information might you need to construct your measure.
while a decrease in price of pizzas rotates it rightward. How can we possibly speak systematically about people's preferences.
I am looking at about 50 companies over a five year period. I need a measure for total shareholder wealth that is relatively easy to compute.
A firm uses 50,000 workers to produce 200,000 units of output per day. Compute the values for the following four formulas.
She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.
They could each decide to work a few extra hours on Saturday and earn more income. But they choose to play tennis or to relax around the house.
Each of the estimated coefficients statistically significant at the 95 per cent confidence interval. What is the optimal output level.
What factors influence Under Amour's ability to make an economic profit in the cross-training shoe market.
Does the law of diminishing marginal returns apply to this firm's production process. If so, explain why and find the quantity of labor at which diminishing marginal returns.
Illustrate what is relative PPP. Compute the current pound spot rate in dollar which would have been forecast by PPP.
Now allow Foreign and Home to trade with each other, at zero transportation cost. Find out and draw a graph of equilibrium under free trade.
suppose that an economy consumes all salary income and saves all capital income. Describe if the factors of production earn their marginal product.
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