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How many widgets must be needed by Acme Manufacturing per year to justify buying the required machinery for widget manufacturing for $10K? The manufacturing cost is $.26 each, and they can be purchased for $.35 each. The machinery must be overhauled at the end of every third year for $3000. Its salvage value after 12 years is zero. The firm uses an interest rate of 12%.
Determine the equilibrium price and quantity. Outline the significant factors that could cause changes in supply and demand for the product
A certain machine will have a cost of $25,000 (then $) six years from now. Find the PW of the machine if the real interest rate is 10% per year and the inflation rate is 5% per year using
As of 2006, the United States is running a large trade deficit--that is, imports exceed exports by a wide margin and the United States is consuming more than it is producing. The U.S.'s ability to consume more than it produces rests on foreigners' wi..
Partnerships for Improving State and Local Government Cybersecurity Prepare a one page briefing statement (3 to 5 paragraphs) for a group of state government employees and local government city managers who are interested in learning more about th..
You have opened your own word-processingservice. You bought a personal computer, and paid $5,000 for it.However, due to the cost changes in the computer industry, thecurrent price of an equivalent machine is $2,500.
In an asymmetric market for used cars, which of the following could be used to avoid a thin market?
Consider the following Cobb- Douglas production for red bean coffee. q=(l^0.2)*(k^0.5) a. intutively, why are cobb-douglas production function more appropriate representations of reality than, say, linear production functions
Steve owns a bike store. His total costs are $1.2 million per year, his variable costs are $750,000, and his fixed costs are $450,000 per year. Last year, Steve sold 1,200 bikes. If Steve sells 1,250 bikes this year (50 more than last year) and his a..
Examine the major complexities that would arise under expansion via capital projects.
General Patton LTD generated $6,900,000 of gross income during its tax year and incurred operating expenses of $1,875,000. Property taxes on business assets amount to $140,000. The total depreciation deductions for the tax year equal $350,000. What i..
Illustrate what is the capital account balance. Illustrate what is the official settlements balance.
Suppose that the market for alcohol in a large metropolitan area, the local government is concerned about the number of DUI’s and has decided to impose a sin tax on alcohol sales. If demand in this market is inelastic and supply is elastic, what woul..
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