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Alison and Carl are civil engineers who own a soil- and water-analysis business for which they have purchased computer equipment for $25,000. They do not expect the computers to have a positive salvage or trade-in value after the anticipated five-year life. For book-depreciation purposes, they want book-value schedules for the following methods: straight line; declining balance; and double declining balance. They want to use a fixed depreciation rate of 25% annually for the declining-balance model. Use a spreadsheet or hand computation to develop the schedules.
Describe the dominant characteristics of the industry (military) in which your company operates, addressing the following questions: Who are your main competitors? Are they significant barriers to entry? What is your company’s market share? What is t..
Each point along the market demand curve shows
Explain how the members of the Board of Governors, members of the Federal Open Market Committee, and the directors of the 12 Federal Reserve Banks are selected. Describe and evaluate the role of banks in the implementation of monetary policy.
Microsoft emerges to have a monopoly with over 90% of the personal Calculator operating market. Why then would it not be charging a monopoly cost.
A firm faces the demand function Qd = 60− (½)P and the cost function C = 11Q2 +5. What is the optimal quantity that a price-taking (and profit maximizing) firm should supply? What is the profit when quantity produced is optimal? Construct a graph sho..
Total revenue is calculated as the quantity of a good or service sold multiplied by its market price. Thus, it is a measure of how much money a company makes from selling its product. The core objective of a firm is maximizing profit.
A manager tells his workers that they must perform their duties in the exact manner and order that he has commanded, with no exceptions. He is using
In December 2015 the FOMC decided to raise the target range for the federal funds rate. Suppose that an increase in the federal funds rate has the effect of decreasing aggregate demand. show the potential effects of a decline in aggregate demand in a..
research where you would find the u.s. international trade policies and their history as they apply to various
The demand function for a transit system can be represented by a straight line connecting fare per person and ridership. Observations made on this system resulted in the following: When the fare was $1.5 per ride, the ridership per hour was 2000; whe..
she estimates that she can produce and sell an extra 1,400 hamburgers per day by keeping the restaurant open for three more hours per day at a cost of $50 per hour. Which of these two alternative ways of increasing output should sh..
When government becomes heavily involved in tax-transfer activities, how will this involvement affect economic efficiency.
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