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Bowyer Driving School's 2014 balance sheet showed net fixed assets of $3.6 million, and the 2015 balance sheet showed net fixed assets of $4 million. The company's 2015 income statement showed a depreciation expense of $400,000.
What was net capital spending for 2015?
What is the difference between the Law of Supply and the Law of Demand? How is the quantity affected when Demand shifts to the right?
market supply of labor the following table shows the hours per week supplied to a particular market by three
Suppose that the government raises the minimum wage and in doing so causes real wages to increase throughout the economy. What would be the effect on the micro economy in relation to the quantity demanded of labor and the quantity supplied of lab..
Prepare a demand schedule for both demand curves and prepare them on an Excel graph. Calculate the marginal revenue for each.
Consider an economy with the following Cobb-Douglas production function (note that this production function does not contain natural capital). If the capital stock and real GDP grows at 3 percent per year, labor hours grow at 4 percent per year, and ..
Assume a market with demand curve Q = 1000 -10P. There are two firms competing in the market, with constant and identical marginal costs of production of £30. They compete on the basis of quantity. Find the Nash equilibrium quantities, prices and p..
Discuss the reason why governments might want to intervene and how they might do- with respect to the following "problem" in the functioning of an otherwise perfectly-competitive ("pareto-efficient") economy:
Suppose that all other banks hold only the required amount of reserves. If Nan Bank Inc. decides to reduce its reserves to only the required amount, by how much would the economy's money supply increase?
The emergence of giant multinational corporations is said to have altered the very nature of international economic activity. In what ways do these MNCs affect the structure and pattern of trading relationships between the developed world and the ..
Here, Q denotes annual cigarette consuption, P is the average price of cigarettes, Y is the per capita income, A is total spending on cigarette advertising, and W is a dummy variable whole value is 1 for yeas after 1963 and 0 for ealier years. Th..
Compare and contrast two different countries during a time period when they experienced financial crises.
In 1980s, 1990s, and the 1st decade of the 21st century, the US experienced a significant inflow of capital from abroad. Use a diagram of the United States capital market, demonstrate the effect of this inflow on rental price of capital in the US and..
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