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A coal mining company has owned a mine for the past 5 years. During this time the following tonnage of ore has been removed each year: 25k, 32k, 36k, 30k & 28k tons. The mine is estimated to contain a total of 500k tons of coal. The initial cost of the mine is P12M. If the company has a gross income for this coal of P220 per ton for the first 2 years, and P300 per ton for the last 3 years, a) determine the depletion charge for each year using gross income method, and b) compute for the % of the initial cost that has been written off in the five years.
Would you send a woman expatriate to Saudi Arabia, Japan, Korea, or Kuwait? How are Western women expatriates doing in foreign cultures
380 labor hours were required to produce the first unit in a production run. 140 labor hours were required to produce the 4^th unit. You base been asked to determine a quote for an order of 4 units. If the labor rate is $25,00 per hour, how much will..
Which of the following is a step in using the multiplier method of valuation?
What are the positive and negative aspects of budget deficits and surpluses? What policy is best for today’s economy? Explain your answer.
A local video rental monopolist faces the weekly demand function D(P)= 1000-100P. The marginal cost of a rental is $4. Suppose the town government places a $1 tax on all video rentals. What effect will the tax have on the price the monopolist charges..
The aggregate demand curve is. Consumption is primarily determined by. When the saving function is below the disposable income line. The negative relationship between the aggregate price level and aggregate output demanded gives the aggregate demand ..
Consider a borrower that is approved for a standard 10-year, fully amortizing house mortgage with an original balance of $500,000 and a note rate
Assume that utility over two goods is given by U(x1,x2) = 0.3lnx1 +0.7lnx2. The price of good x1 is equal to p1 and the price of good x2 is p2. The total income of the individual is given by I. Write down the budget constraint of this person. Calcula..
Describe how the company implemented web services software and hardware and explain why using this combination of software and hardware is better than using an alternative approach to solve the problem
How might your elasticity of demand for copying and binding services vary if your work presentation is next week versus in two hours?
The price of hamburger meat in College Town has recently fallen. Explain in detail the effects of this price change on the demand, supply, equilibrium price, and equilibrium quantity exchanged for fast food hamburgers in College Town and why. Draw a ..
Explain the importance of the protection of intellectual property as an incentive to attract technological-intensive foreign investment.
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