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A hospital would replace five personnel that currently cover three shifts per day. 365 days per year. Each person earns $35,000 per year. Company-paid benefits and overhead are 45% of wages. Money costs 8% after income taxes. Combined federal and state income taxes are 40%. Annual property taxes and maintenance are 2.5 and 4% of investment, respectively. Depreciation is 15-year straight line. Disregarding inflation, how large an investment in the automation project can be economically justified?
What is a budget constraint How does a budget constraint explain consumer choices when used in conjunction with indifference curves Explain what happens if a household looses half of their income, using a budget constraint
the mortex company assembles garments entirely by hand even though a textile machine exists that can assemble garments
in the market of haircuts the demand function is p100-0.5qd and the supply function is p10qs where q represents
There are two related variables, noise (equals either quiet or loud) and intoxication (equals drunk or sober). P(drunk)=.25, P(loud)=.4. You know that if someone is drunk, then the probability of them being loud is .9. Use Bayes’s Rule to calculate P..
Suppose that virtually everyone in the United States decides to take life a little easier, and the length of the average workweek falls by 25%. How will that affect GDP Per capita GDP How will it affect economic welfare
The producer surplus compare to the total fixed costs incurred
what is an html text editor? what is it used for and how does it compare to a regular text editor? why are text files
a company has been in the business of selling canned apples for the last thirteen years. the initial price of the apple
what happens to a workers desired hours of work if employers pay an overtime premium equal to time and a halfthat is
Suppose you own a small company that manufactures baseball equipment. You aware that RUSSIA is a large market and you are considering exporting your products there.
Use the first order conditions for profit maximisation to show that a monopolist will never produce on the inelastic portion of his demand curve.
which will cause a larger short run increase in prices; an anticipated or unanticipated increase in aggregate demand? will they cause the same increase in prices in the long run?
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