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Consider 2 alternatives A and B
Cost: A=$500 B=$300
Uniform annual benefit: A=$75 B=$75
Useful life (years): A=infinity B=X
Assume that alt. B is not replaced at the end of its useful life. if the MARR is 10% what must be the useful life of B to make Alternatives A and B equally desirable?
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Elucidate how much the last input added to the total amount of revenue. Elucidate how much the last input added to the total amount of production.
Suppose that the equilibrium real federal funds rate is at 4% and the target rate of inflation is 1 percent. Use the following information and the Taylor rule to calculate the federal funds rate target:
Discuss whether or not oligopolies are always bad for society, using examples from the industries you described.
Consider a farmer who can either plant or market/consume his crop. Whatever amount he plants becomes a crop twice the size the following year. For example, if he plants seed from 2 ears of corn, he gets 4 ears of corn at harvest. Assume he starts off..
A firms demand curve is given by P = 500 -2q, the direct Q = 250 - 1/2P. The firm's current price is $300 and the firm sells 100 units of output per week. Calculate the firm's marginal revenue at the current price and quantity. Using the Make-up Form..
How did Cummins use regulation as an opportunity?
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Suppose there is a firm with two inputs of production, labor (L) and capital (K), with associated prices w and c, respectively. Also assume that the firm faces competitive input and product markets and that the two inputs are gross substitutes in pro..
Remote airplanes. specialized market for hobbyists, we'll just have to assume that there are enough buyers and sellers such that the demand and supply curves are smooth, straight lines. Calculate consumer surplus for this market before any tax is app..
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