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The M/T Embargo has been chartered to carry 280,000 tons of Arabian light crude oil at WS61 from Kharg Island to Yokohama. She has spent 71.04 days on the voyage and incurred gross voyage expenses of $742001. Assuming broker's commission of 1.25%, running costs of $9544/day and a WS flat rate of $14/ton, calculate the net daily surplus for this voyage.
If I said all sex workers performed their job on the street and were coerced into the work at a very young age, what would be incorrect about that statement
Economic growth is said to be a necessary but not sufficient condition to eradicate absolute poverty and reduce inequality. What is the reasoning behind this ar
Will a monopolist's total revenue be larger with second-degree price discrimination when the batches on which it charges a uniform price are larger or smaller? Why?
Question: What is more useful to an entrepreneur accounting profit or economic profit?
You just started working at a marketing firm that specializes in introducing new products. The firm has been retained by two start ups. Breath blaster minds
Compute the incremental profit Electron Control would earn by customizing its instruments and marketing directly to end users.
The Second Industrial Revolution (ca. 1865 – 1920) brought with it tremendous economic growth and intense social change. Explain what those new conditions were like and how they emerged in this period of intense industrialization, citing examples fro..
Suppose a second firm enters the market. let Q1 be the output of the first firm and Q2 be the output of the second. What is the profits of each firm as functions of Q1 and Q2.
Define the types of training in the table below, outlining expected adaptations and safe technique considerations?
Construct a 90% confidence interval for the proportion of customers that leave with a purchase.
Many parts of the world, including the United States, have in the past used systems of unfree labor (slavery is a prominent example), whereby individuals are compelled to work for minimal/no wages (for this problem, assume no monetary wages).
Analyze the current macro economic situation and discuss changes in economic, financial and international conditions in the near future.
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