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In 2008, a firm has receipts of $12 million and expenses (excluding depreciation) of $5 million. Its depreciation for 2008 amounts to $3 million. If the effective income tax rate is 35%, what is the firm’s net operating income after taxes (NOPAT)?
Compare and contrast how the concepts of attitude and personality are both similar and different. Why is it important that an HR staff person who deals with conflict in the workplace, understand these differences and similarities? Give a workplace ex..
Suppose it costs $30 for each lobster trap set. Lobsters sell for $15. If X traps are set, the harvest rate of lobsters, L, as a function of the number of traps, is given by: L = 45 X –X2. With no restrictions on the number of traps, and open access ..
Find the cost functions for the following firms: A firm with production function f(x1,x2) = min{ 2xl,3x2} A firm with production function f(xl,x2) = 2x1 +3x2 A firm with production function f(x1,x2) = In
Calculate the elasticity of demand for your chosen company's automobiles (or choose a specific make / model). Interpret what the demand tells your chosen company's management team.
Suppose demand and supply are given by Qd = 100 - P and Qs = 2P + 25. What are the equilibrium quantity and price in this market? Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $ 40 is imp..
When a computer firm is producing a level of output at which MC is greater than price, from society's standpoint the firm is producing too
The makers of Tylenol pain reliever do a lot of advertising and have loyal customers. In contrast, the makers of generic acetaminophen do no advertising, and their customers shop only for the lowest price. Assume that the marginal costs of Tylenol
Explain the difference between accounting profit and economic profit. Which should business owners be more concerned with and why? Provide an example that would illustrate how accounting profit and economic profit differ.
Suppose that these cost figures accurately refl ect the economic costs of providing inpatient services at these two hospitals and that the two hospitals face the same average total cost curve.
Prices (fuel, water, grocery items, etc.) tend to rise in response to a natural disaster.
Why is that the pre-trade production points have a bearing on comparative costs under increasing cost conditions but not under conditions of constant costs?
Discuss the five reasons that Crooks outlines in the article and finish your post by offering your opinion of whether The Economist's viewpoint or with The Industrialist's viewpoint is more agreeable.
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