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A few years ago, a construction manager earning $70,000/ year working for a regional home builder decided to open his own home building company. He took $100,000 out of one of his investment accounts that had been earning around 6% a year and used that money to start up the business. He worked hard for the first year, hiring one employee (his only salary cost for the business was $40,000 paid to his employee), and generated total sales of $1,000,000. Total material and subcontracted labor costs for the year were $900,000. Calculate accounting profit. What are the opportunity costs for the manager of being in this business relative to returning to his old job? what is the economic profit of the business?
Distinguish between the crowding-out effect also the Ricardo-Barro effect. Elucidate how are the two effects related
Distinguish between the two types but knows the probabilities of each type. What would be the result in this market for loans.
The data-plotting tool will automatically connect the points with a line.
The Investment demand curve is a useful tool to summarize an important and complex relationship in the economy.
Organize the above data into the appropriate categories for the current as well as capital accounts determine the current account balance, the capital account balance, as well as the official settlements account balance.
A California grower has a 50-acre farm on which to plant strawberries also tomatoes. The farmer needs to know the number of acres of strawberries also tomatoes to plant to maximize profit.
Illustrate what about burning all but one of his ships made to a utilize, powerful strategic commitment for Cortes in Mexico.
Describe the differences between the substitution effect of a wage increase and the income effect of a wage increase
the various types of vehicles that can be used by clients to reduce the various kinds if taxation.
Choose a country other than the country in elucidate which you currently reside elucidate which has not already been selected by another student also research the EIU country data.
explain how lower coffee bean output in brazil, vietnam, columbia and central america are affecting this market. explain what has been happenning in this market.
People are lured by the idea of 50 mile per gallon vehicles which still perform well also are willing to pay the high prices to get one.
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