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The company's fixed costs are 2,500,000 dollars and its debt repayment requirements are 1,000,000. Selling price per barrel of oil is 18 dollars and variable costs per barrel are 10 dollars. (a) Determine the break even output (in dollars) (b) Determine the number of barrels of oil that the company must produce and sell in order to earn a target (operating) profit of 1,500,000 dollars. (c) Determine the degree of operating leverage at an output of 400,000 barrels.
maren has the utilityfunction uc1c2c1ac21-a where 01 maren has income m1 and m2 in respectively periode 1 and periode
Within your supplemental readings for this semester, there are several discussions of the Keynesian multiplier. In the minds of the critics that you read, which is not a deficiency of the multiplier concept
Assume that the banking system's nonborrowed reserves total $48.3 billion, with total legal reserves standing at $51.2 billion. What must lent reserves be?
Determine the market equilibrium conditions in this market for Wides and summarize your recommendations or advice to Barks concerning market conditions and production levels.
Suppose there are nine sellers and nine buyers, each willing to buy or sell one unit of a good, with values ($60, $50, $45, $40, $35, $30, $25, $20, $15). Suppose there is a single market maker in this market. What is the optimal bid-ask spread?
If the CPI was 110 last year and is 121 this year, what is this year's rate of inflation? What is the "rule of 70"? How long would it take for the price level to double if inflation persisted at (a) 2, (b) 5, and (c) 10 percent per year?
The difference in prices for each of the following pairs of goods in terms of the laws of supply and demand natural diamonds and zircons human-made diamonds.
the typical industrial bakery can produce cookies at a daily long run cost of tclrq 0.01q2900where q is the number of
A copper mining operation discharges waste products into a river and causes higher costs and discomfort to downstream users of the water.
select an organization that interests you. state the nature of this interest in your memo . it can be a publicly owned
What is likely to happen to the proportion of schoolchildren classified as "disabled" and why? B. Since the diagnoses of many disabilities are to some extent subjective, how might schools respond to the new education funding system?
Given the increase in government expenditures and the marginal propensity to consume, how would yoou find the change in equilibrium GDP.
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