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Q. A company is considering buying a new machine. Two different models are available on the market.MARR is 10%.Data Model-I Model-II Useful Life , Years 20 25First Cost, $ 80,000 100,000Salvage Value, $ 20,000 25,000Annual Oper. Costs, $ 18,000 15,000 for years 1 thru 10 and20,000 for years 11 thru 25.Note: The annual operating cost for Model-I is same ($18k) every year; but it varies for Model-II as described above. Assuming sum-of-years digits depreciation, what book value will Model-I have after two years?
The cost curves of the firm. In terms of economies of scale, why would a firm sometimes want to expand output and sometimes not want to expand output.
Flora's Flowers operates in a perfectly competitive market. At the point where marginal cost equals marginal revenue.
Watch the video titled Fear the Boom and Bust. Using the tools of macroeconomics, identify the primary difference between the two philosophies.
Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds that male and female turtles have the same mean serum cholesterol.
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.
Assume an endogenous growth model with labour augmenting technology.
What are the factors that affect pay differentials? How does each factor increase or decrease relative wages?
What combination of T and M will you choose? Suppose that the price of day trip rises to $80. How will this change your decision making?
What are the components of aggregate expenditure. What determines the slope of the aggregate expenditure line.
Brenda Johnson has used a preprinted form that she got from the internet to create her will.
Does the law of diminishing marginal returns apply to this firm's production process. If so, explain why and find the quantity of labor at which diminishing marginal returns.
How many popsicles will be sold/supplied each day in the short run if the price rises to $4 each per day
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