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Explain the concept of an externality. How can putting a price on pollution correct for an externality?
The annual fixed costs for a plant are$100,000.For production at 80% of the full capacity, the variable cost is$140,000 and the net sales is $280,000 if the selling price per unit is $40 Draw the breakeven chart. what is breakeven point in units of p..
How does the introduction of minimum wage in the US confirm or dispel that minimum wage was never indented to be a living wage? What are at least two specific goals of minimum wage laws and what modern day societal occurrences speak to either proof t..
In January 2010, the price of gasoline was $2.70 a gallon. By spring 2010, the price had increased to $3.00 a gallon. Assume that there were no changes in average income, population, or any other influence on buying plans. Explain how the rise in the..
What are data in table saying. What is an implication of pattern shown. What are data in table saying. What is an explanation for pattern shown.
An option holder is not entitled to receive dividends unless he or she exercises their option before the stock goes ex dividend.
An firm borrowed $169,000 to remodel their office. The load was to be paid back in equal monthly payments over 30 years at 4% interest, compounded monthly. After 16 years, the firm wants to pay off the loan. What is the remaining balance that must be..
Brazil is the world's largest coffee producer. There was a severe drought in Brazil in 2013-2014 that damaged Brazil's coffee crop. The price of coffee beans doubled during the first three months of 2014. Draw and discuss a supply and demand diagram ..
Agencies such as Moody's, Fitch, and Standard & Poor's rate the default risk of various municipal and corporate bonds.
(a) What are the three alternatives available to Jay? (b) Evaluate the cost for each of the alternatives. (c) What do you recommend that Jay do?
You have just met with the director of marketing for a small manufacturing company. She has just received an order from a retailer in India and would like to figure out how to ship to the buyer without entailing any risk in terms of getting paid for..
The government wants to eliminate the inflationary gap by changing expenditures. What policy do you suggest? By how much will unemployment change after you policy has taken effect?
Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. At this mix of input the fir..
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