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The world price of zinc has increased to the point where "moth balled" zinc mines in east Tennessee have been reopened because of their potential profitability. What is the estimated annual profit for a mine producing 21,346 tons per year (which is at 100% capacity) when zinc sells for $1.00 per pound? There are variable costs of $20 million at 100% capacity and fixed costs of $17 million per year.
Explain how would you assess the overall financial health of your organization. What are good and bad signs, if any, in your outlook.
Suppose an individal who moves from Asia to the United State and brings with him life savings of $40,000, which he deposits in a US bank.
Explain how you think macro-economics applies to Walmart. What would it contribute to your understanding of this organization's prospects.
Suppose that American households change their tastes such that they want to save more at every level of income.
Describe the difference in executive decisions concerning pricing, product design, and advertising between a company that exists in a perfectly competitive market and a company that lives in a monopolistic competitive market.
Briefly discuss the methods traders use in attempting to evade the difficulties they face in markets that involve "Lemons".
Provide an example of how fiscal also monetary policies compliment or work against each other.
Explain how would either decision change if the government imposed a 20 percent tax on earnings and interest income. Illustrate what would happen if the government exempted interest income.
Ellucidate what happens to the price of a bond that pays a fixed percent of the face value every year when interest rates in the economy increase.
Calculate Joe's Marginal Revenue Product for Labor (MRPL). What is Joe's optimal level of L if w=$22.75? Why?
Given the wide variety of different fast-food vendors, the industry is fiercely competitive, as is the unskilled labor marketplace.
Suppose we have a competitive market for a good with domestic demand and supply given by:
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