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Question - A numerically controlled milling machine was purchased for $95,000 four years ago. The estimated salvage value was $15,000 after 15 years. What is the machine's book value after 5 years of depreciation? If the machine is sold for $20,000 early in Year 7, how much gain on sale or recaptured depreciation is there? Assume
(a) 7-year MACRS depreciation.
(b) Straight-line depreciation.
(c) Sum-of-the-years'-digits (SOYD) depreciation.
(d) 150% declining balance depreciation.
If the government subsidizes tomato growers at $4 a kilogram, who gains and who loses from the subsidy? What is the deadweight loss?
without knowly the demand function can we say how much broccoli each firm produces in long run equilibrium? if so under which assumption. if not explain why?
Technological advance improves productivity in a purely competitive industry. This change will result in a shift: a.) down of the individual firm's MC curve, causing the market supply curve to shift to the left b.) down of the individual firm's MC cu..
21st Century Pen Inc. produces 2000 pens per day, and hires 20 workers at a cost of $200 per day per worker. The price of each pen is $5 each. 21st Century Pen Inc. pays a daily rental rate of $60 on its factory and a daily insurance rate of $20. ..
Would interest exist in a pure exchange economy where no production occurred? Explain. Please provide a detailed answer.
What is the money supply as a result
The growth of businesses such as Coin star that convert coins into bank notes or gift cards caused money to ____ and the actual money multiplier to ____, ceteris paribus.
1. if there are diminishing returns to the variable input will average variable cost necessarily increase with increase
Suppose that the cost of eradicating polio from a society of 1,000 persons is $5 per person. Also suppose that only two persons in the society will benefit from that policy, and the benefit to each of those persons is $2,000. Then what is the social ..
Describe the process of developing stakeholder relationships. What parts of the process seem most important? What parts seem most difficult?
Jana enjoys traveling with her family. As a result, she has a strong preference for a job that provides a substantial number of paid vacation days.
First-degree price discrimination- occurs when a firm charges each consumer the maximum price he or she would be willing to pay for each unit of the good purchased. results in the firm extracting all surpluses from consumers.
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