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Consider the following information. For Group A the cost of attaining an educational level is CA(y)=$6,000y and for Group B this is CB(y)=$10,000y. Employees will be offered $50,000 if they have y<y*, where y* is an educational threshold determined by the employer. They will be offered $130,000 if the have y>y*.
(a) What is the lowest level of y* that still allows the separate the groups (i.e., that only high productivity people can meet).
(b) What is the highest level of y* that can still be met by high productivity people?
Your company invests $15,000. It will be repaid in a single sum at the end of 10 years. During the first five years the investment grows by 10% (nominal), compounded monthly. During the second five years the rate is 12% growth (nominal), compounde..
Coldwell Banker is employing 10 acres of land and 50 tons of cement to produce 1,000 parking spaces. Land costs $4,000 per acre and cement costs $12 per ton. For the input quantities employed, MP L = 50 and MP C = 4.
Ford is budgeting $300,000 per year to pay for labor over the next 5 years. If the company expects the cost of labor to increase by $10,000 each year, and the annual interest rate is 10%, what is the expected cost of labor in the first year
The energy Department estimates that domestic demand for natural gas will grow by more than 40 percent between now and 2025. Distinguish between a demand function and a demand curve.
The market supply and demand curves in a perfectly competitive market are, respectively: Qs= 400+25p and Qd= 700-50p The representative firm,in this market, has the following cost function: Q^3-7q^2=12Q+5
You have the chance to buy either one of two bonds. The first is a tax-free municipal with a coupon yield of 6.5%. The second is a corporate bond with a yield of 8.5%. Both bonds are rated AA. Your tax rate is 28%.
Beerco manufactures ale and beer from corn, hops, and malt. Currently, 40 lb of corn, 30 lb of hops, and 40 lb of malt are available. A barrel of ale sells for $40 and requires 1 lb of corn, 1 lb of hops, and 2 lb of malt. A barrel of beer sells f..
Before Sarah quit her job as a carpenter, she was earning $35,000 per year. She rented a building for $12,000 per year and opened a cabinet shop. She spends $148,000 per year for labor, materials, utilities, and advertising.
assuming elasticity is linear and a plan flight holds 310 seats a load factor of 70 mean 70% of the seats are filled. a load factor of 72 means 72% of the seats are filled. what price would it take to fill all the seats.
(A)if the price of a serving pasta is $4,how many servings will Mr.A buy How much consumer surplus he receive (B)The following week,he come back and the price of a serving pasta is $6,How much consumer surplus decreased from the previous week
After receiving good reviews for her work at a series of art shows, Jean Rodin considers quitting her job as a management consultant to pursue full time her hobby of sculpting. Jean figures that she can sell $90,000 worth her art each year. She fo..
Consider a consumer who contemplates his optimal consumption plan for two period. Assume that the interest rate at which all consumers can borrow and lend is 10%. This consumer has income 60 in period 1 and income 39 in period 2.
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