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Given that parking and attendance at ballgames are complements (in consumption). Explain why a rise in parking fees may adversely affect game attendance.
A firm is considering an investment that will earn a 6% rate of return. If it were to borrow the money, it would have to pay 8% interest on the loan, but it currently has the cash, so it will not need to borrow. Should the firm make the investment?
Economic value added measures business performance more accurately than conventional accounting earnings because _________.
The cost of running the government program ( assuming no storage costs). Illustrate what is the total price of the program to consumers.
q1. suppose demand function for good x is estimated to be qx 8000 - 400px 200py 0.5inbspi average income px price
As the manager of a 60-unit hotel you know that all units are occupied when you charge $80 a day per unit. Each occupied room costs $8 for service and maintenance a day. In addition there is a fixed cost of $400 a day. You have also observed that for..
q1. state two economic principles of taxation.a explain which rule best justifies gasolines excise tax while the tax
A perfectly competitive firm’s profit-maximizing price is $15. At MC = MR, the output is 100 units. At this level of production, average total costs are $12. The firm’s economic profits are
Assume the economy is in short and long run equilibrium before the supply shock. Use the aggregate/ demand aggregate supply model, the Keynesian cross model and the modey market model to verbally and graphically explain
A trucking company computes depreciation on its vehicles by a mileage basis. Suppose a delivery truck has a cost of $20,000, a salvage value of $2,000, and an estimated useful life of 200,000 miles. Determine the depreciation rate per mile.
Assume that the industry wants to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger.
Increasing prices act as a signal to: The equilibrium price in the market represents the: Rising oil prices during the 1970s shifted flower production from California to Kenya. Which of the following answers explains this shift?
q1. in this same country 8of the capital stock depreciates each year. additionally the ecnonmy consumes 60 of
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