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A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $2,654 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a used van for $7,666 and pay for maintenance herself. She expects to keep the van for three years at which time she could sell it for $1,832. What is the most she should pay for uniform annual maintenance to make it worthwhile to buy the van instead of leasing it, if her MARR is 20%?
explain problems related with having persistent vs. temporary current account deficit and find out which one has
What price should the firm charge if it wants to maximize its revenue?
alternative methods for dealing with market failures that include direct regulation, incentive programs such as tax incentive programs and market incentive programs, and voluntary reductions. At issue, is whether government can successfully addres..
explain difference between a change in quantity demanded and change in demand. describe what causes change in quantity
Pick a good or service. Distinguish between the short-run and the long-run production and cost function for that good or service. Discuss how price plays a role in short-run and long-run decisions and how managers are likely to respond in each cas..
Consider a Bertrand model in which the above firms choose prices to post P_A and P_B simultaneously. Since the goods are identical, consumers will go to the firm with the cheaper price.
the demand curve for a product is given by qxd 1200 - 3px - 0.1pz where pz 300. what is the cross-price elasticity of
consider the market for minivans. for each of the events listed here identify which of the determinants of demand or
The head of the accounting department at a major software manufacturer has asked you to put together a pro forma statement of the company's value under several possible growth scenarios and the assumption that the company’s many divisions will remain..
Assume that you are leaving a message in a time capsule to be opened 100 years from now. Formulate a message you leave regarding the economic times of your lifetime and what could have been done to make our economy better.
Malaysia experienced sugar shortages a few years back. Goverment wanted to provide relief to the public through price control. What are the economics implications of such a move? (Use the concept of equilibrium price)
assume that the bank of ecoville has the following balance sheet and the fed has a 10 reserve requirement in
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