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A Malibu boat will cost $32,500 when purchased. Gasoline and maintenance will approximately cost $25/hour, and equipment rental will cost $10/hour. The boat will be used for wakeboard instructing and will generate revenue of $100/hour. One instructional trip will use 4 hours on the boat's engine. Draw and simplify a cash flow diagram that will help you determine how many trips it will take to break even. (No credit will be given without a cash flow diagram). How many more trips will you need to buy a $75,000 boat if the original boat can be salvaged for $5,000 when you sell it?
Corporation A is planning the purchase of a new machine that would lower cash outflow. The cost of the machine is 30,000. The annual reduction in cash flows is:
Elucidate impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run.
Optimal consumption. The following Table describes the demand for tickets to the opera, during the two=-week season.
Briefly elucidate how knowledge of price elasticity between different groups of customers
The primary period had been 10 years, what would the compound growth rate have been then. What would you expect the sales to be after 16 more years.
GRAND RAPIDS, Mich. - Kellogg Company on Monday said its earning growth 17.3% in the 2nd quarter on strong firm wide sales growth, beating Wall's Street's expectations.
Elucidate why the price elasticity of demand differ along a demand curve, even if the demand curve is linear.
Why is it not surprising to find that in an oligopoly which sells a basically undifferentiated product like chicken growth hormone all the firms change prices simultaneously, even if there is no explicit price fixing?
Illustrtae the difference among concretionary and expansionary fiscal policy.
Discuss how labor market mobility affects the unemployment rate.
Assume that there are many countries capable of producing two goods, and that each country has only one factor of production, labor.
Explain how would you hope the subsiquent events to affect the price you receive for a bottle of wine.
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