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The following two tables represent the price and quantity of the goods produced within an economy in 2015 & 2016.
Calculate the price index for each good using 2015 as the base year. What is the value of the price index for Burgers in 2016?
Prices Quantities 2015 2016 2015 2016
Soda $2 $2 36 40 Burgers $8 $12 8 10 French Fries $2 $1 16 20
A machine tool, which has been used in a plant for 10 years, is being considered for replacement. It cost $9500 and was depreciated by MACRS depreciation.
Discuss specific changes in supply and demand within the markets and/or industries you chose to analyze. Examine prior government policies and legislation.
is there a conflict in an environmentally conscious manufacturing environment? if there is is it healthy and desirable?
A firm invested $15,000 in a project that appeared to have excellent potential. Compute the rate of return for the project
What prices are these businesses in your chosen industry charging? Try to get at least ten examples of businesses and the prices they are charging.
In The Wealth of Nations, Adam Smith wrote, "Every individual endeavors to employ his capital so that its produce may be of greatest value. He generally neither intends to promote the public interest, nor knows how much he is promoting it.
This assignment will allow you to begin to consider channel and persuasion. E-mail can be hard to interpret; what is it exactly your boss wants? People now tend to see a phone call as an intrusion.
What is a normal profit and what is an economic profit? Explain your answer using examples. Are normal profits being earned in this example? Are economic profits present for this firm in this example? Explain your answers.
If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development? What conditions would encourage research and development in competitive ..
Ilham Holiday sells vacation membership programmes whereby people can pay a membership fee and in return take so many holidays per year in resorts owned.
The question related to Economics and it explain about the Federal Reserve system. The structure of the Federal Reserve system and its independence from the government has been discussed in the answer.
If the elasticity of crime with respect to the number of police is estimated to be -0.5 and the number of police fell by 5% and annual expenditures on police are equal to $60 billion and the cost of crime to victims is estimated to $400 billion then ..
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