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Equipment maintenance costs for manufacturing explosion-proof pressure switches are projected to be $125,000 in year one and increase by 3.5% each year through year five. What is the equivalent annual worth of the maintenance costs at an interest rate of 10% per year, compounded bi-monthly (compounded once in two months)?
The equivalent annual worth is $
Explain the economics of the taxi medallion system. This is discussed in the text and in numerous places on the web. Why did cities start the medallion system? Do you think it is a good idea? Explain the economics of the ride-sharing firms such as Ub..
The Whine not winery (WnW) must replace its grape pressing machine. 2 companies have submitted bids, KS and SM. The annual operating costs of both increase at 12% per year and the WnW uses a MARR of 9%. KS's first cost 350k, initial annual operating ..
Which of the following is an example of a local monopoly as compared to a national or international monopoly?
The corn-based ethanol boom has dramatically increased the price of farm acreage. Using the concept of derived demand, explain how this happened. What role does the elasticity of supply play in the market for land?
What are the ethical issues in this case? Who are the stakeholders and what are their stakes? When dealing with VOIP, how do you decide between freedom and protection when enhancing one diminishes the other? On what basis are you making your decision..
If the economy is opening on its short-run aggregate supply curve and inflationary exists, Which one of the following will not offset fiscal policy? Which one the following may well result from increased government borrowing resulting from deicit spe..
An inexperienced researcher wants to examine the average standard of living in two countries. In order to do so he compares the GDP's in those two countries. What are two reasons this comparison does not lead to an accurate measurement of the countri..
q. consider a market where demand is p10-2q and supply is pq2. there is a consumption positive externality of 2.5unit
q.suppose the production function is y 10k14 el34 and the capital lasts an average of 10 years. assume that the rate of
Explain how a subsidy on agricultural goods like sugar adversely affects the income of foreign producers of imported sugar. Explain how trade barriers save jobs in protected industries, but only by costing jobs in other industries.
In fall 2013, Apple loaned its sapphire glass supplier $578 million to set up a manufacturing plant to produce the glass for the new iPhone 6. How did the loss of the Apple contract affect fixed cost for the glass supplier? How might this have affect..
If a nation is operating at a point inside the production possibilities curve, it indicates that the nation could
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