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What is the capital recovery cost for a machine costing $420,000 with a life of 6 years and a salvage value of 20% of the initial cost? The rate used by the firm is 6% per year compounded monthly.
Find the income elasticity for good one. What does this tell us about the relationship between income and the amount of good 1 purchased? Under what circumstances does this seem a plausible model of behavior?
Graphically illustrate the total demand for visits to the park and the separate demand curves for bikers and hikers.
An industry consists of three firms with sales of $200,000, $500,000, and $400,000. Compute the Herfindahl-Hirschman index.
In January of 1980, a Troy ounce of gold sold for $850 (an all-time high). Over the 28 years from 1980 to 2008, the CPI has grown at a compounded annual rate of 3.3%. In 2008 a Troy ounce of gold sells for $730. What was the real interest rate earned..
qq.here is my question i need help with monopoly in the market for news. the cnn is considering offering articles to
Consider a situation where you are negotiating with Wal-Mart for your family farm's milk. Confronted with various hardball price challenges
U S Food Supply Chain, has been dealing with risk and uncertainty within the last six months, identify risk and identify comprehensive ways to minimize its nega
A common news story in any jurisdiction with single payer health care systems - for example, in Canada their socialized system does not allow private health care alternatives - is the battle that pits the government health system's refusal to pay for..
A trendy French restaurant is one of the first businesses to open in a small corner of a commercial building still under construction. The restaurant has received rave reviews and has lines of diners waiting for tables most nights. In the short run (..
The radio announcer just finished up the daily market report during which they stated that the price of wheat has risen to $4 per bushel. What type of statement did the announcer make?
A firm, which is operating in the conditions of perfect competition, produces good Y. The production function of this firm is y(x) = 20x1/2 , where y denotes the quantity of output Y and x denotes the quantity of input X. Find the profit-maximizing l..
During 2006 a leading auto manufacturer produced 20 million of minivans. However due to soaring gas prices the sale of mini vans becomes sluggish and by the end of 2006 only 16 million of mini vans are sold. what is the gdp of mini vans is ?
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