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It is estimated that the annual heat-loss cost in a small power plant is $5,200. Two mutually exclusive proposals have been formulated that will reduce the loss. Proposal A will reduce heat loss by 60% and cost $3,000. Proposal B will reduce heat loss by 55% and cost $2,500. If the interest rate is 8% and the plant will benefit from the reduction in heat loss for ten years, using the present worth on incremental investment, which proposal should be accepted?
assume that there is concern that the economy is not recovering from the current recession due to a high unemployment
the oil price schok of 1980 sent gasoline prices sharply higher. Coal prices moved in sympathy with oil prices, with the result, that coal companiesearned pure economic profits. Since coal is homogenous good and the market is competitive , what ha..
Why did the gold standard collapse? Is there a case for returning to some kind of gold standard? If so, what is it? What opportunities might current IMF lending policies to developing nations create for international business? What threats might they..
A firms labor demand and labor supply equations are shown below.
choose and research a specific business that is publicly traded where there has been a pattern of change in a
Legal definition and regulations by the U.S. Bureau of the Census require properties of 500 rooms or more to be called Hotels; those of 50 rooms or less to be called Motels; and those in between to be called Motor Inns or Motor Hotels.
What are the primary types of risk that investors or companies exposed to when dealing in the international financial markets What are the primary ways one can protect themselves from this risk
american mining company is interested in obtaining quick estimates of the supply and demand curves for coal. the firms
Economists make decisions by thinking in terms of alternatives. Why do economists thinks there is no such thing as a free lunch?
Which of the following states a central element of the economic way of thinking? Scarce goods are priceless. The realism of the assumptions is the best test of an economic theory.
A pharmaceutical company has hired you to perform an economic analysis on a currently ongoing project. Experts from the company have estimated the market for the drug and thus the potential revenues for the drug are knows, but the relevant costs a..
select a global company of your choice in the service industry. describe the main line of business of the company and
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