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!
A custom harvesting firm is considering adding another tractor to its fleet; each tractor is rented for $1800 per day. Assume that the additional tractor would be capable of harvesting 100 acres per day and that each acre that is harvested brings in $25 in revenue. Also assume that adding the tractor would not affect any other costs.
1. Calculate the MRPc. Show your work.
2. Should the firm add this tractor? Explain your answer.
3. Suppose the revenue drops to $20 per acre harvested. Should the firm add the tractor in this scenario? Explain your answer.
4. A firm invested $750 at 6% interest. What will be the balance for the investment after 7 years? Show your work.
5. You need $50,000 to purchase a truck in 10 years. How much money would you have to put in a savings account earning 5 percent interest so you could pay cash for the truck?
6. List the four main policy tools leveraged by governments to enable the agricultural industry. Describe how each can be used and the result on the industry.
Which of the following are correct statements about the Avraham and Schazenbach paper examining the effects of tort reform on heart attacks?
Suppose you earn an hourly wage of w and that you are self-employed (thus, you pay both the employee and employer parts of the Social Security payroll tax). Ignore all other taxes. Suppose also that if you worked your full time endowment T, you would..
Should there be controls on the movement of goods, services and capital across borders? and give example of the situation of any country.
How much excess reserve does your deposit generate for the bank? What is the maximum amount of new money that can be created in the banking system as a result of this deposit? Show all work.
An investor has to choose between the following three projects:Project A requires an outlay of £35,000 and returns £60,000 after 4 years.
Suppose there are 200 identical firms in a perfect competitive industry. Moreover, assume that each firm has the following short run cost function: C(q) = 0.5q2 + 5q + 20.a) Compute the short-run supply curve for a single firm, expressing q as a func..
A public water utility is comparing two separate pricing schemes: (i) a two-tiered pricing scheme where the first 5,000 gallons cost $20 and all subsequent gallons cost $10 or (ii) a single price of $15 per gallon.
A prisoners dilemma leads to a noncooperative equilibrium. A natural monopoly is characterized by large fixed costs relative to variable costs. The market price of a factor of production that is in fixed is determined only by demand.
Any economic advantage/disadvantage of your current household status ie single, roommate, married? Can we really study Marriage as an "economic" preference?
Discuss and explain the following questions using knowledge about the dynamics of Aggregate Demand and Aggregate Supply Model. What is the cause of the 2007-09 Great recession? What happened to aggregate demand and aggregate supply model during this ..
Calculate the present value (PV) of profits for Abe's business at each of the following discount rates: 8%, 9%, 10%, and 12%.
You are the manager of a firm that produces and markets a generic type of soft drink in a competitive market. In addition to the large number of generic product
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