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New Tech is in need of new jigs for some assembly equipment. The jigs favored by the manufacturing engineer cost $30,000 and are expected to provide service for 6 years. The annual operating costs are estimated to be $2000. The industrial engineer favors a choice that costs $35,000 and that will also provide service for 6 years at an estimated annual cost of $1500. Using MACRS depreciation, a tax rate of 34%, and a MARR of 10%, which jigs should be chosen?
DrexelBoard wants to start a hoverboard sharing service in Philadelphia (much like Zipcar, only with hoverboards instead of cars). There are two types of potential customers: Comparing these profits to those DrexelBoard earned from only serving the y..
Suppose that a Presidential candidate proposes to cut taxes by $120 billion in his or her first year in office. Assuming that the US is a large open economy and its MPC = 0.8, state the long run impact of this tax cut on Y, C, I, G, NX, r, ε, Sp, Sg,..
Jane receives utility from days spent traveling on vacation domestically(D) and days spent traveling on vacation in a foreign country(F), as given by the utility function Upper U left parenthesis Upper D comma Upper F right parenthesis equals 10 D..
Which of the following is not an example of price discrimination?
Market failure is a situation in which a given market does not efficiently organize production or allocate goods and services to consumers. Overcoming market failure is a significant challenge for the government, which is not easy to accomplish and m..
What is the total market demand for poly-glue at the price established by Alchemy. How much of the total demand will the follower firms supply.
According to the immigrant assimilation the typical earnings profiles of immigrants start lower and are steeper than the earnings profiles of the native for born. Draw a graph use the vertical axis for earnings and the horizon axis for years in the U..
All of the following are advantages of open market operations (OMO), EXCEPT: Intermediate targets of monetary policy are: A business is considering buying a machine with an upfront cost of $10,000, but with an annual revenue stream of $2,000. In orde..
The price of oranges falls. What happens in the market for apples, which are a substitute for oranges?
Livestock farmers frequently give antibiotics to their herds. The antibiotics create drug-resistant bacteria, making them less effective. This harms future users of antibiotics who will be using less-effective drugs. Using supply and demand curves, i..
A decrease in the price of tablet computers will decrease the demand for desktop computers." This statement is an example of a normative economic statement
Addressing recession using Fiscal and Monetary Policy tools. Scenario - The US economy is currently experiencing recession. You have Fiscal and Monetary policy tools available to address this problem: To attack the problem of recession, you must sele..
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