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An business development executive travels extensively for business. Her company offers two options to offset her driving expenses. Option 1 provides a car allowance of 490 dollars per month and a mileage reimbursement of $0.34/mile for fuel, insurance, and maintenance costs. Option 2 provides a mileage reimbursement of $0.73/mile to cover all expenses associated with owning a car. How many miles would she have to drive each YEAR for the two options to be of equal value. Express your answer in miles to the nearest whole mile.
q1. what is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit?
At the 2014 G20 conference in Canberra, U.S. Secretary of the Treasury, Jack Lew, warned that the euro zone economies face a decade of economic stagnation unless their economic policies change and that the “world economy could not afford a European l..
What are some examples of the financial crisis in Greece and the potential market problems because China's economy is fueled by construction of cities that remain unoccupied? We need to discern the financial condition of the world and look at dollars..
What happens to each of these values if the central bank changes the reserve requirement ratio to 3%.
How are economic fluctuations linked among national economies? Could a recession in the United States trigger a recession abroad?
Explain what elements comprise strategic-alternative bundles and why creating more than a few bundles is extraordinary difficult. Describe the six criteria that strategic-alternative bundles should meet and discuss why it is essential that good bundl..
Which of these will still be needed when you move your company to PayMaster?
If a producer offers a price that is below a consumer's valuation of the good, the consumer:
Explain how to structure her essay properly and illustrate what sorts of mistakes she should avoid making. Drawing on your prior writing experience, as well as knowledge you have gained from this phase, illustrate what advice do you offer.
a driver faces a 5 probability that his car will be in an accident and will be worth nothing. consider three drivers
Suppose Shiva has preferences different from those discussed in class, as indicated by the following: If he consumes more milk (M) than bread (B), then he will always be willing to give up 2 units of milk for 1 additional unit of bread to remain indi..
Of the following, three mean the same thing and one means something different. Which option does not mean the same thing as the other three in the context of the basic market model we reviewed in class (and that you learned about in principles of mic..
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