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A pulpwood-forming machine was purchased and installed 8 years ago for $45000. The declared salvage value was $5000, with a useful life of 10 years. The machine can be replaced with a more efficient model that costs $75000, including installation. The present machine can be sold on the open market for $14000. The cost to remove the old machine is $2000. Which are the relevant costs for the old machine?
Explain why does a newspaper dispenser open to a stack of newspaper and essentially "trusts" a consumer to take just one copy.
Elucidate how much of the tax is borne by consumers also Elucidate how much by producers. Illustrate what is the new CS also PS.
Suppose that expectation of reducing housing values cause households to decrease their demand for new houses and the financing that accompanies it.
Hardwood Cutters presents seasoned as well split fireplace logs to consumers in Toledo, Ohio. The low-cost provider company is of firewood in market with fixed costs.
llustrate what will be the equilibrium price also quantity in the market. Illustrate what is the total market profit also consumer surplus.
Why does the percentage gain in earnings observed when worker gets one more year of schooling measure the marginal rate of return education?
Find Equilibrium GDP (Y). If potential GDP is 1950, is the economy in a recessionary or inflationary gap. Suppose that the MPC, falls to 0.75, so C = 0.85DI. Find Equilibrium GDP.
Elucidate in detail how banks operate. Include a description of how banks generate profits.
Illustrate what changes in the Ants' resources do we see through the film. Are the Grasshoppers commercial talent and they are just annoying.
Suppose that a small nation produces mushrooms for domestic consumption also possible export.
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
The subsequent tables Explain how the trade-offs you face in allocating the time you will spend in studying each subject.
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