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Calculate the unit cost of a product if the material cost is $3 per unit, labor is $5 per unit, and overhead is calculated at a rate of 150% of labor. The first cost of the equipment needed for production is $50,000, with a life of 12 years and a salvage value of $4,000. Five thousand units per year are required. ROI is 15%. Annual operating costs of $1,000 per year are also required. What is the unit cost?
Consider the two-period consumption model of borrowing and saving. Suppose Claire has an income of m1 today and m2 a year from now and can borrow and lend at the interest rate r. She chooses consumption levels c1 and c2 given her well-behaved prefere..
Given the production function between nurse hours and patient visits per day to a community clinic, how will each of the following shift this function: A change inures remuneration from salary to fee for service. A change in the case mix of patients,..
Given that parking and attendance at ballgames are complements (in consumption). Explain why a rise in parking fees may adversely affect game attendance.
This production function does not satisfy the definition of rising returns to scale, constant returns to scale, or decreasing returns to scale. How can this be.
q1. research the current demand for a good or service of your choice. collect information that will affect the demand
Elucidate why Pizza Hut has expanded its offerings of pizza over the past five decades
In which of the following cases should the United States produce more noodles than it wants for its own use and trade some of those noodles to Italy in exchange for wine.
Brand X contains 20, 2 and 1 units of the minerals, while Brand Y contains 4, 1, 2 units of the minerals respectively. Brand X costs $18 per kg while Brand Y costs 6 per kg.
Why does America have a two-party system?
The theory of new Keynesian inflation dynamics suggests that a fall in aggregate demand would
After a few years of monopoly, the family that owns the coca-cola monopoly gets in a flight, and they split the company in two. Now there are two large coca-cola retailers in your area, and each retailer must decide whether to charge a high or low pr..
If you favor FedEx, probe the disparity between operational and financial standards of excellence. If you favor UPS, reconcile your view with the conventional wisdom about FedEx’s operational excellence.
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