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Consider the following four alternatives. Three are "do something" and one is "do nothing."
At the end of the 5-year useful life of B, a replacement is not made. If a 10-year analysis period and a 10% interest rate are selected, which is the preferred alternative?
Explain Cournot competition. Illustrate and explain strategic substition. Illusrate and discuss the operation of the Cournot model as it relates to the empirical evidence regarding 1) price markups over marginal cost and the number of competitors and..
Analytical essay about what are "liberal" (also related to Keynesianism, neoliberalism. nationalist and mercantilist, Marxist. ( also related "world system" and critical theories) how do they differ from or complement each other?
A major electronics manufacturer expects to generate additional revenue from its recently won government contract. The company forecasts that the revenue will be $190 million in the first year, but will decline by $2 million every year for the next 3..
HI5003 Economics for Business - Scarce resources- which resource and in which country/industry are seen as scarce and what is being done in the industry or country. What substitutes have been used to overcome this problem!
A competitive manufacturer of gadgets has the following production function: Q = 20K - K2 + 30L - 2L2 . The price of gadgets, p = 1; the wage rate, w = 10; the rental price of capital, r = 16. (a) What is the profit-maximizing level of output? (b) At..
What are external costs associated with cellular phone usage in automobiles. external benefits. What is difference between private and social costs. What distinguishes public goods from private goods.
What is the profit maximizing and loss minimizing solution for businesses not engaging in price discrimination? How would you expect an attractive and prestigious job to be compensated and what would an economist tell you? What does a competitive cap..
the united states is experiencing a recession and congress decides to adopt an expansionary fiscal policy to stimulate
The city of Morse recently completed the construction of a bridge across the Ohio River at a total cost of $133,453.95. The length of the bridge is 276,389 feet. The city of Edison three miles up river wants to build there own bridge which have to be..
After set up there is a marginal cost of $ 4 for each CD. Set up the total, average and marginal revenue functions for GDM. Write out the company TM s total average and marginal cost functions.
Draw labor supply and demand curves for cashiers in supermarkets. Show the effect of a rise in the minimum wage to above the current wage rate. do you anticipate large employment gains or losses?
The demand and supply lines in a market are as follows: Give a graph and solve for equilibrium price and quantity. Now suppose a tax is imposed so that the price paid by the demander is $13 and the price received by the supplier is $7. Calculate the..
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