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Question: A contractor must choose between buying or renting a crane for the duration of a 4 year construction project. The contractor uses an MARR of 8%. The crane costs $530,000 and can be sold for $400,000 after 4 years. The cost to operate and maintain the crane is $240,000 per year. Renting the crane costs $310,000 per year including all operating and maintenance costs. Determine the incremental benefit-cost ratio that the contractor should use to decide between buying and renting. Express your answer to two decimal places.
Which of the following utility functions are consistent with convex indifference curves and which are not?
The Taxpayer Relief Act developed Roth IRA which permits you to make after tax retirement contributions of up to $2000 yearly and contributions are not tax deductible
What is the income distribution (Define and provide data)? How is it measured? How has this changed over recent history?
There has been a call to re-introduce price controls in the oil industry. What are the advantages of imposing price controls?
Clearly explain the difference between one-step ahead, filtered, and smoothed regime probabilities. Is it correct to state that we should always use smoothed instead of filtered probabilities to identify phrases of business cycle? Why or Why not?
Using a AA-DD diagram . Explain the type of disturbance that would lead to more variation in national income when the excahnge is floating rather than fixed.
show how the minimum wage affects unskilled labor market. is labor market perfectly competitive? can you find any
Suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million (of whom 139.1 million are employed). How many people are "not in the labor force?" What are the proportions of employed, unemployed and not in t..
Compare the definition of reasonable suspicion with probable cause. What two interests does probable cause balance? Give at least two examples of facts police officers can take into account in building probable cause.
Present your candidate with an alternative view about why it may make sense to tolerate the existence of some monopoly firms.
How many demand constraints are there in the strategic-planning model? What implications does the number of these constraints impose with regard to aggregation of information into product types and market regions?
Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience.
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