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Computer Programs are necessary for all systems toe work. Which type of application do you think is more complex to create and why? Application Software or System Software.
An asset has a first cost of $20,000, O&M cost of $600 which increases $100 per year after the first year, salvage value of $5,000 and a life of 6 years. At the interest rate of 5%, what is the present worth and the future worth?
Suppose that Best National Bank currently has $100,000 in demand deposits and $70,000 in outstanding loans. The Federal Reserve has set the reserve requirement at 20%.
Last fiscal year 01-Jan to 31-Dec, Norco, Inc., had a gross revenue of $20,000,000, cost of goods sold and interest expenses of $5,000,000, and total depreciation charges of $5,000,000. Also on October 1 of last year, Norco completed purchase of and ..
If several different sovereign nations form a cartel within the energy industry such that the four-firm concentration ratio is 0.90, does the concentration ratio necessarily represents the relevant market and should this be considered a violation of ..
Under the guidance of a good manager, a monopolistic ally competitive firm spends an optimal amount of its revenues on advertising. Last month the firm spent $2,500 of its 510,000 revenues on advertising. If its advertising elasticity was 0.5, what w..
In Illustrate what way do competitive markets have a "natural remedy" for discriminatory hiring practices.
(note: for this problem assume that all cash flows are stated in actual dollars and interest is market rate) Nike is considering three mutually exclusive alternatives for an inventory tracking and control system at one of its major assembly plants.
Supply is given by the equation P=10+0.05Q. Demand is given by the equation P=600-0.05Q. Calculate the price and quantity at which the price elasticity of demand is equal to -1. How might you describe that point?
Suppose that the U.S. government decides to charge beer consumers a tax. Before the tax, 15 billion cases of beer were sold every year at a price of $7 per case. The amount of the tax on a case of beer is $_______ per case. Of this amount, the burden..
Do you think enlightened self-interest is a contradiction in terms or is it a valid basis for all action? Evaluate whether our laissez-faire free-market economic system does (or should) operate under this philosophy
Suppose the Federal Bank has increased the discount rate. With the aid of an aggregate demand-aggregate supply diagram, explain how this monetary policy action will affect real growth and inflation in the short run and the long run. Provide an explai..
The main discussion question is an interesting one this week, but the realm of exchange rates has a major influence on macroeconomics. As economies become more and more open in trade, the value of a nation's currency can influence GDP and interest ra..
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