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For the last 10 years, Am-Mex Coal has used the cost depletion factor of $2500 per 100 tons to write off the investment of $35 million in its Pennsylvania anthracite coal mine. Depletion thus far totals $24.8 million. A new study to appraise mine re- serves indicates that no more than 800,000 tons of salable coal remains. Determine next year's percentage and cost depletion amounts, if estimated gross income is expected to be between $6.125 and $8.50 million on a production level of 72,000 tons.
Oligopolistic models are based on behavioral assumptions. One behavioral assumption associated with differentiated product markets is that price increase will not be matched but price decreases will be matched. This rather pessimistic view of pricing..
when the price of a good is 5 the quantity demanded is 100 units per month when the price is 7 the quantity demanded is
1. a politician was recently quoted as saying our country can only reach full employment by raising the minimum wage
What distinguishes the short run from the long run?
1.what economic problem is the nation facing?2.what would be the goals of your fiscal policy?3.what exact fiscal policy
Being able to send appropriate, professional emails is a vital skill in today's workplace. When considering audience and context, determine why it is so important to know to whom you are writing and for what specific purpose you are sending the email..
Draw the cheese market for the United States showing the world price as the price for this market. How much cheese does the U.S. import at the world price?
what action has our government taken in order to provide this good and service in an equitable fashion what are the alternatives to government intervention 3. what has been the end result of government intervention
What would be the effect of the following on the price of homes in Houseville : Houseville has just won an award for the most livable city in the United States. The publicity causes the demand curve for housing to shift rightward by 5,000 this yea..
"Oligopolies have a negative impact on income distribution." Do you agree or disagree? Provide justification for our response.
Create a log return series from the stock price index (the log return is the change in the logarithm of the stock price). Estimate an appropriate pure AR(p) model and an appropriate pure MA(q) model and compare these to a mixed ARMA(1,1) model.
for each of the following explain whether it shifts the short-run aggregate supply curve the long-run aggregate supply
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