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A company specializing in lubrication products for vintage motors produce two blended oils, Smazka and Neftianikov. They make a profit of $5 per litre of Smazka and $4 per litre of Neftianikov. A litre of Smazka requires 0.4 litres of heavy oil and 0.6 litres of light oil. A litre of Neftianikov requires 0.8litres of heavy oil and 0.2 litres of light oil. The company has 100 litres of heavy oil and 80 litres of light oil. How many litres of each product should they make to maximize profits? What level of profit will they obtain?
Your friend makes half of your salary and pays 20% in income taxes. Elucidate rate most likely would be your income tax rate.
Why does the government intervene in the economy? Should they and what would the impact be if they did not?
Why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor?
The annual opperating cost of the new operating machine is $7,000. The company uses a 20% MARR. Calculate the annual equivalent total cost for each machine. Would you replace the old machine at this time?
Fully evaluate these regression results, including computation of t-statistics, adjusted R2, and the F-statistic.
Explain why sharp decline in oil prices might not necessarily have positive or negative impact.
What is output that should be produced to achieve economic efficiency and the value to society for correcting the externality.
Under what conditions might the Justice Department approve a merger between two companies that operate in an industry with a premerger Herfindahl-Hirschman index of 2,900 if the postmerger index is expected to increase by 225.
Do you agree/disagree with the following statement: If the government increases the excise tax on bikes, the prices of bikes will rise? However, this will then cause the demand to decrease and as a result prices will fall back to their original level..
This question may require some research. The US-Mexico Bracero Program was eventually opposed by:
An industry's marginal abatement cost is MAC=2000-e. regulator controls emissions by selling 500 permits. Though, industries are also given option of paying a fee of $1000 per unit of emissions for which y do not hold a permit. Draw a diagram illu..
q1. what happened why did you leave the question and suddenly demand higher price?q2. how do i calculate the change in
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