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An equipment costs $100,000, has a useful life of 5 years and has zero salvage value at the end of its useful life. Determine the depreciation allowance for the first two years and book value at the end of year 1 and year 2 for the following methods.
a) Straight-line depreciation (no half-year convention)
b) Double Declining-balance depreciation (no half-year convention)
c) (MACRS-GDS 5-year property.
q.q1. explain how do i calculate the midpoints and marginal costs of 1 thing in terms of the other and the other thing
Which is the best policy (of the three) to increase Aggregate Supply? Increase in low-skilled immigration. Increase in high-skilled immigration. Decrease in immigration
You have been hired by Nobody State University (NSU) as a consultant to help the university with how to increase their total revenue. The university has been struggling in recent years, Explain the process of revenue at NSU, focusing on the relations..
Find an article (newspaper, magazine, or online) that discusses monetary policy. Use the article to answer the following questions. 1. The article indicates what monetary instrument(s) is/are being used by the central monetary authority? 2. Which ins..
Why is the growth of per capita real GDP a better measure of economic growth than the growth or real GDP? What is the level of output after four years of initial output equals $1000 and the economy grows at a rate of 8 percent a year.
Joe and Rebecca are small-town ready-mix concrete duopolists. The market demand function is Qd = 10000 − 100P where P is the price of a cubic yard of concrete and Qd is the number of cubic yards demanded per year. What is Joe’s best response function..
Delta Airlines experienced huge losses for several years in the early 2000’s, yet it continued to operate its fleets. Why didn’t Delta shut down its operations to further avoid losses?
Explain one real-life example of Tragedy of the Commons in natural resources, and propose an economic solution to the problem. Explain how this solution would work, and also explain one drawback to this solution (for example, is there a spillover aff..
Black Friday is a sale whereby, the day after Thanks giving stores frequently reduce their prices dramatically, sometimes below cost. This often causes large lineups to form, as people can wait for hours in line before the store opens.
Imagine you come back to your economics class in the year 2050. How will the textbook describe money and banking? Based on trends you see today, make a prediction for the future of money. Explain why you think this trend will occur and how it will af..
An EOY Geometric gradient lasts for 10 years, whose initial value at EOY three is $5,500 and average rate f = 8% per year thereafter. The interest rate is 12%/year. What is P0 for the geometric gradient?
Assuming that all of each firm's $16 fixed cost is sunk, what is a firm's short-run supply curve?. What is the short-run market supply curve? c. Determine the short-run equilibrium price and quantity in this industry.
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