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Why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in franchises that operate from commercial buildings?
(HINT: Among the most popular home-based franchises are cleaning services offered to businesses, and delivery services for seniors who live at home.)
Is your explanation consistent with the fact that franchised tutoring services often charge a fixed royalty per student enrolled?
Elucidate what would the elasticity of supply have to be for a food stamp program to increase the availability of food to the poor with no prices increase.
asume that Bob consumes goods x and y according to the following utility function, U (x,y) = 2x + 4xy + y compute Bob's marginal rate of substitution for good x and for good y. Is the MRS diminishing?
Assume the the equipment can be sold for its $12,000 salvage value at the end of the 8 years. Also assume a 46% income tax rate for state and federal taxes combined.
Maggie's utility function is and her income is $5000. Then her MRS at generic bundle (x1, x2) is 50-0.25x1. Commodity 2 is a composite good, and hence its price is unity.
In order to pay for those expenditures, Congress also approved a $100 billion increase in individual income taxes. Will these actions by Congress expand or contract the economy or are they just useless actions?
Taiwan Electronics produces 3 models of the CB radios, A, B, and C-Employ the transportation model to find out the best production schedule.
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's?
What is the equivalent present value of the following series of payments: $7000 the first year, $6500 the second year, $6000 the third year, $5500 the fourth year, and $5000 the fifth year? The interest rate is 10%, compounded annually. Answer: $2..
illustrate what it implies for the relationship between labour supply and productivity growth.
What is the maximum per unit that sellers are willing to pay intermediaries if hiring them saves $8 transaction costs?
Determine which of the following is the best example of two inputs that would exhibit a constant marginal rate of technical substitution?
Eluciadte the work of how the answer was derived. David Upton is president of Upton Manufacturing.
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