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Q. "A few years ago a construction manager earning $70,000 every year working for a regional home builder decided to open his own home building company. He took $100,000 out of one of his investment accounts that had been earning around 6% a year also utilized that money to start up the business. He worked hard the 1st year, hiring one employee (his only salary cost for the business was the $40,000 paid to this employee) also generated total sales of $1,000,000. Total material also subcontracted labor costs for the year were $900,000. Compute accounting profit. Illustrate what are the opportunity costs for the manager of being in this business relative to returning to his old job? Illustrate what is the economic profit of the business?"
the mainstream theory of the business cycle, is the most common source of reciession: a decrease in aggregate demand, a decrease in aggregate supply, or both.
The Performance by Patrice (PbP) Company purchased a Centaur Computer controlled manufacturing milling machine for $635,000 for use in its rear end manufacturing operations on November 8, 2007.
sticky prices also income are often cited as an example of market inefficiencies during recession lay off workers yet many of these firms are related to begin hiring even as the economic situation improved.
Suppose which equilibrium income is 3200 also the multiplier is 2.38. Equilibrium income would rise to 3400 if planned investment.
Two friends Diane also Sam own also run a bar. Diane tends bar on Monday Wednesday also Friday also receives wage in addition to tips.
What are the strengths and weaknesses of the measure of welfare used by many economists: consumer welfare plus producer surplus.
Compare also contrasts the continuous current account deficits of the U.S. with the continuous current account surpluses of Japan.
Two firms are located on the line and sell identical products. Consumers obtain K utility from consuming a product; assume that K is large enough that all consumers purchase from at least one of the firms despite the costs of transportation.
Define the wage gender gap as the difference in mean earnings between men also women.
Explain how each of the subsequent events affects the equilibrium price also quantity of pizza- the price of mozzarella cheese rises.
What role does Mudaraba allow IAH, in their capacity as Rabbul Mal.
Subsequently the customer paid the balance on 22 October 2012. To customer the Credit terms offered.
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