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A business incurs the following costs per unit: labor $125/unit, materials $45/unit, and rent $250,000/month. If the firm produces 1,000,000 units a month, calculate the total variable costs, total fixed costs and total costs.
Suppose there are two people in a society that has a 50% income tax. Both people have pretax incomes of $40,000. In period 1, there was no tax deduction; Lillian gave $6,000 to charity, and Susie gave $4,000 to charity. What is the amount Susie must ..
Riley deposits $4,000 cash in her checkable deposit at Fershur Bank. If the desired reserve ratio is 5%, Fershur Bank’s
Provide an example of a resource, describe who owns and utilizes it, and where the resource can be traded. Suggest how the price of that resource might be set in the marketplace
You now should realize how important it is for economists to try and predict future conditions of the U.S. economy. Economists are also interested in the performance of the economy at a more local level. Discuss how local and national forecasts play ..
You are watching the evening news on television. The news anchor reports that union wage demands are much higher this year because the workers
Imagine that a $10,000 ten-year bond was issued at an interest rate of 6%. You are thinking about buying this bond one year before the end of the ten years, but interest rates are now 9%. Calculate what you would actually be willing to pay for this b..
q.jp morgan chase and co1. give a brief overview of your company the business it is in and its financial performance.2.
What are some of the different types of judicial philosophy in how to interpret the law? Outline the theories of judicial restraint and judicial activism. What are some of the advantages and disadvantages of each theory? Explain. Lastly, give at leas..
The condition of creative and new, are always arrived at with a thought process first. It must be seen in the mind's eye before it can be expressed.
Does the nominal wage decrease when there is a negative supply shock? What happens to the real wage
Given the costs of production and market-structure characteristics, analyze how the dem functions under (a) perfect completion and (b) imperfect competition. They will each drive a different approach for maximizing profit and allocation of resources.
Do you combine "similar" channels into a bundle (IE, a bundle of sports channels, or of news channels), or do you combine "different" channels and why?
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