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You win the $20 million state lottery, and you have a choice of taking an amount of money per year for the next 20 years or a flat payment now. The flat payment that the state offers you is $9.82 million. a.What discount rate is the state using?. b.Should you take the money or the annuity?. Your response should be at least 200 words in length.
Discuss equations for and graph the variable cost, average variable cost, and marginal cost of cleaning classrooms.
Suppose there are two consumers, A and B, and two goods, X and Y. Consumer A is given an initial endowment of 3 units of good X and 8 units of good Y. Consumer B is given an initial endowment of 3 units of good X and 4 units of good Y. Suppose the..
Of the many arguments in favor of tariffs, the one that has enjoyed the most significant economic justification has been the: If the U.S. demand for Korean steel is price elastic, an export subsidy granted to Korean steel firms will increase Korea's ..
A large wood products company is negotiating a contract to sell plywood overseas. the fixed cost that can be allocated to the production of plywood is $800,000 per month. The variable cost per thousand board feet is $155.50 the price charged will be ..
Suppose we randomly poll 500 Americans and ask them whether they believe that the parents are involved. What is the distribution of the sample mean.
A project scope statement is used to define the end result of a project. Its purpose is to define as clearly as possible what the project will deliver to the customer. What questions should the scope statement answer?
The first cost of a waterjet machine to be used for slicing cheese is $60,000. The machine will generate net annual income of $11,955 during its useful life of 10 years. Determine the rate of return of on investment in this machine.
Why might governments nationalize firms and do they have added advantage or unfair one over the private owned firms? What are the different forms of terrorism and how can international managers meet this challenge?
What are some of the ways a seller of goods might reassure a possible buyer who is faced with imperfect information? What are some of the ways that someone looking for a loan might reassure a bank that is faced with imperfect information about whethe..
A mechanical engineer must recommend a new heating system to a commercial building owner. The owner intends to sell the building in 15 years. A gas fired furnace option has a design life of 5 years, an initial cost of $14,000, a replacement cost of $..
A used car dealer purchased my 1992 Ford Tempo for $1,000. He paid a worker $200 to wash it. He purchased four tires for a total of $400 to replace the existing tires on the car. He sold the car for $4,000. All these economic activities took place in..
Parts of research paper about Starbucks that summarizes first It focus on a domestic (American) operations, and second with its global issues.
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