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A machine costs $70,000, and generates revenue of $20,000 per year. However, O&M costs are $3,000 per year. The machine lasts 7 years and your MARR is 8% annual rate compounded annually. What is the Present Worth (or Net Present Value)?
show all work (no excel) Please use the formulas.
If the government decided to impose a 20% tax on red t-shirts, would the government generate a large or small increase in revenue? Use the concept of elasticity to explain your answer.
What is an exchange rate? What is the exchange rate currently for the US dollar and the euro? for the dollar and the yen? for any other currency of your choice? Where appropriate, cite examples from your text or other readings.
where, q is the quantity demanded at price p when the person’s income is I. Assume initially that the person’s income is $40,000. Show work & calculations. At what price will demand fall to zero? If the market price for gizmos is $10, how many will b..
What is the purpose of economic sanctions? What problems do they pose for the nation initiating the sanctions? When are sanctions most successful in achieving their goals?
Suppose the demand for labor market is given by Labor = 408−2wage and the market supply is given by Labor = 10wage. Suppose a minimum wage is placed on wages that sets the wage at $50. Find the quantity demanded and supplied, and the amount of unempl..
Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
The rhetorical situation: The typical audience for such reports includes supervisors and coworkers collaborating on the same project. Choose one progress report from the choices below and compose a response (framed as an e-mail) to the authors of the..
Describe how the activities influenced your awareness and understanding of the interrelationship between business and society and describe how the readings and journalling activities influenced your views on workplace ethics and corporate social re..
Assume a $6 excise tax is imposed on the good. Conclude the new equilibrium cost also quantity.
with the help of appropriate diagrams explain the following statement whether it is true false or uncertain an increase
Illustrate what has happened in the market for your good or service in the curve you labeled D1. What happened to the equilibrium price.
Discuss what information is available at your state or city government's public health department regarding the reporting of communicable diseases. What are some of the mandated reportable list of conditions and how soon after diagnosis should they b..
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