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In Hepburn's Speed Model, the coefficients of vehicles are indicated for C and D. As the chief of operations in your organization, you are responsible for presenting the yearly budget for the semi trucks in your company's inventory. Since your safety officer is insisting that each of your drivers must maintain an average speed of 55mph, what would be the vehicle operating cost of your company for each semi-truck in cent per mile?
suppose that a mutual fund has an annual rate of return that is normally distributed with a mean of 10 and a standard
a farmer buys a new tractor for $146,000 and assumes that it will have a trade-in value of $92,000 after 10 years. the farmer uses a constant rate of depreciation to determine the annual value of the tractor.
Suppose now that the cost of capital in the previous question rises to $3 per unit. Graph the new long-run average cost curve, and compare its position with the curve in that question.
Using Hot Dogs, Graph the market and the individual supply, demand and costs for Hot dogs side by side. Make sure to include the S.R. and L.R profits.
Suppose that business travelers and vacationers have the following demand for airline tickets from New York to Boston: Price Quantity Demanded Quantity Demanded for business travelers for Vacationers 150 2,900 1,000 200 2,700 750 250 2,550 550 300 2,..
A Malibu boat will cost $32,500 when purchased. Gasoline and maintenance will approximately cost $25/hour, and equipment rental will cost $10/hour. The boat will be used for wakeboard instructing and will generate revenue of $100/hour.
To which point or points is production likely to shift?
Are the differences in rates of return in (d) consistent with the uncovered interest parity condition? Why or why not?
The price at point a is $70 and the price at point c is $10 per bag. The price at point d is $56 and the price at point e is $31 per bag. The price at point f is $67 and the price at point g is $32 per bag.
A. From the information given in above table, calculatethe marginal utility at each point. B. Draw total utility curve andmarginal utility curve for consuming apples and interpret what is the relationship between total utility and marginal utility..
You are the manager of a monopoly, and your demand and cost functions are given by P= 200 - 2Q and C(Q)= 2000 + 3Q^2, respectively. a. what price-quantity combination maximizes your frm's profits b. calculate the maximum profits.
A business magazine is available for $58 for 1 year, $108 for 2 years, $153 for 3 years, or $230 for 5 years. Assume you will read the magazine for at least the next 5 years. For what interest rates do you prefer each payment plan
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