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Jann offers to buy a laser printer, with a case of paper, two extra ink cartridges and the USB cable, from Super Office Supplies for $200. Ryan, Super's authorized representative, says, "Sold for $200 dollars, but no extra ink cartridges or cable." Do we have a contract? Explain why we do have a contract or what we have if we don't.
A customer will purchase all 3 items with probability 0.06. What's the probability that a customer purchase:
City Farm Insurance has collection centers across the country to speed up collections. The company also makes its disbursements from remote disbursement centers. If City Farm has $5 million per day in collections and $3 million per day in disbursemen..
Using the classical model, suppose desired Investment spending falls. Explain (don't just tell) how each of the following would change, if at all. Using the classical Model, suppose taxes decrease by $100 while government spending is constant. Also, ..
A wind power turbine produces a maximum electrical output of 500 kilowatts. The turbine has a 15-year lifetime and the discount rate is 10%. The wind turbine costs $1 million for equipment prior to installation. Operation and maintenance costs are $5..
A congested computer network has a 0.002 probability of losing adata packet and packet losses are independent events. A lost packetmust be resent. Round the answers to 4 significant digits.
how can a monopolistic competitor tell whether the price it is charging will cause the firm to earn profits or experience losses? What can it do to increase profits?
q1. assume that with 400 patients per year the safc short-run average fixed costs satc short-run total costs and
Shaughnessy Consulting, LLC currently enjoys a patent on software that estimates economic damages for clients involved in personal injury lawsuits.
Discuss the advantages of corporations and the main deterrent (double taxation). VERY IMPORTANT. SCorps and Limited Liability companies help alleviate this problem of double taxation, discuss how they do this.
Private pay patients have a price elasticity of demand of -3. What do you charge them? The union has negotiated a fee of $50. Is it profitable to treat members of the union?
Which of the following statements is true about teams? A company having global divisions such as apparel unit, cosmetics unit, and health care unit illustrates _____ departmentalization. Which of the following statements is true about job specializat..
Discuss the factors that cause the average income of nonwhites to be lower than the average income of whites. Explain how welfare creates work disincentives. Explain the changes in welfare caused by the "Personal Responsibility and Work Reconciliatio..
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