Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Frank Barcellona runs a miniature golf course in Elk Grove, CA. He rents the course and equipment from a large recreational supply company and supplies his own labor. His monthly earnings, net of rental payments, are $800 and he considers working at the golf course just as attractive as his only other alternative, which is to work as a grocery clerk for $800/month. Now Frank learns that his Uncle Ross has died and has left him some land in San Francisco (a parcel between Market Street and California Street). The land has been cleared, and Frank discovers that a construction company is willing to install and maintain a miniature golf course on it for a payment of $4,000/month. Barcellona also commissions a market survey, which reveals that he would collect $16,000/month in revenue by operating the miniature golf course there (after all, there are many more potential golfers in San Francisco than in Elk Grove). After deducting the $4,000/month payment to the construction company, this would leave him with $12,000/month free and clear. Given these figures, and assuming the cost of living is the same in San Francisco as in Elk Grove, should Barcellona, a profit maximizer, switch his operation to San Francisco?
As France's revolutionary armies won victories across the European continent, what was the French government's policy toward the newly “liberated” lands? A It set up a system of military occupation and forced the peoples in those lands to become subj..
Write down expressions for total cost (TC) and total revenue (TR) and then, assuming the company is maximising their profit
The Black Ash Steel Company's plant belches large quantities of noxious fumes and black ash into the air. Residents in the surrounding area have higher medical bills because of Black Ash's pollution. These additional medical costs represent
In current business publications, find examples of firms whose strategies to increase profits focus primarily on generating more revenue. Compare these cases with firms that are trying to cut costs to increase profits. In your initial post, include a..
Assume there is an increase in taxes by $5 million and no change in government spending. What effect will this have on the demand and supply of loanable funds? Is the change in equilibrium investment the same, more, or less than the initial change in..
What is the advantage and disadvantage of both compiler and interpreter?
q.suppose that a citys energy demand is 30 megawatts during off-peak times and 40 megawatts at its peak. the city has
Calculate the cross-price elasticity of demand. Given the elasticity you calculated, did it make sense for supermarket to raise its price.
What is the difference between privacy and confidentiality? Provide an example of the difference. As a health care consumer
1. Due to political differences with North Korea, the U.S. government has stopped trading with North Korea. This practice is an example of imposing a(n)
Annual savings due to energy efficiency thermo well have a most likely value of $30,000. The most optimistic value is $40,000 with a probability of 0.2 and a most pessimistic value of $20,000 at 0.3. The First Cost is $150,000, the interest rate 10%,..
Let us assume the advent of the Internet makes the U.S. labor force more productive and efficient. In the context of the Classical Full-Employment Model, graphically trace out and explain the effects in the labor, goods and capital markets. (For simp..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd