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Q1. A corporation has $7 million in equity. During the tax year it takes in $4 million in receipts and earns $2 million in capital gains from sale of a subsidiary. It incurs labor costs of $1 million, interest costs of $250,000, material costs of $500,000, and pays rentfor structures of $250,000. Compute the corporation's total accounting profit
Q2. Assume there are two firms in a market who each simultaneously choose a quantity. Firm 1's quantity is q1, and firm 2's quantity is q2. Therefore the market quantity is Q = q1 + q2. The market demand curve is given by P = 190 - 3Q. Also, each firm has constant marginal cost equal to 10. There are no fixed costs.
How macroeconomic equilibrium does an economy achieve. Elucidate what affect does a high level of inflation have on macroeconomic equilibrium.
Suppose you are the manager of a home-building company and the government is considering eliminating the deduct-ability of mortgage payments interest.
A competitive firm that is profit maximizing pays a wage. The firm has started marketing its new product.
Even those who were not directly affected by the destruction were hurt because businesses failed or contracted and jobs dried up.
Illustrate what is the capital account balance. Illustrate what is the official settlements balance.
Determine also show how much these firms will sell and what they will charge.
Consider an economy where there are N consumers, each of them having one unit of available time.
Explain with the concept of optimization and a graph, the circumstances under which a waste site could be made "too clean".
Support your answer amid an illustration which shown market equilibrium for chocolate bars which comprise x and y interrupts of the curves and label them accordingly.
How much does consumption change this year in absolute dollars ($ ΔC) as a result of a $5,000 annual tax cut to your income, if the tax cut.
the changes that would occur to the jalapeno pepper market if suddenly Mexican food became popular, especially spicy Mexican food.
DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.
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