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A city has decided to build a softball complex and the city council has already voted to fund the project at the level of $800,000 (initial capital equipment). The city engineer has collected the following financial information for the complex project
Annual upkeep costs: $120,000
Annual utility costs: $13,000
Renovation costs: $50,000 for every five years
Annual team user fees (revenues): $32,000
Useful life: Infinite
Interest rate: 8% compounded annually
If the city can expect 35,000 visitors to the complex each year, what should be the minimum ticket price per person so that the city can break even?
An end- of- aisle price promotions changes the price elasticity of a good from - 2 to - 3. If the normal price is $ 10, what should the promotional price be?
In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. Cite as many examples as you can of these types of businesses.
The student could also have earned $15,000 by getting a job instead of attending college and 10 percent interest on expenses he or she incurs at the beginning of the year. Calculate the explicit, implicit, and the total economic costs of attending..
An improvement in production technology for a specific good will cause a(n):
Illustrate what is the Pig Farm worth. Elucidate what is the minimum one-time payment Farmer A would accept to agree to restrict his land for residential use forever.
Elucidate how much will the government spend in total. Elucidate how much does producer surplus increase.
The computer industry not spread more evenly around the globe? Identify three product categories for which you think the markets are global. Can you find three that are multi domestic? What market data would you need to support your assertion?
q1. write the economic analysis section of a business proposal. this will include statements about the market structure
explain the statement that an individual bank has little ability to expand the money supply unless all the other banks
A paper mill has leaked a toxic substance (chlorine) into the ground. Fixing the leak was very expensive so the paper mill chose not to fix the leak. Once local residents and local government discovered that the toxic was contaminating local water su..
Why is it important that speeches be organized clearly and coherently? How does the oral format of your message impact audience understanding?
How would Cost-of-Living Adjustments weaken the ability of the central bank to exploit the trade-off between inflation and unemployment?
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