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suppose in 2010, the cost of a market basket of goods was $2001. In 2012, the cost fo the same amrket basket of goods was $2,105. Calculate the price index for 2012, using the price index formula, asume 2010 is the base year________
1) What total output (Q1 + Q2) will you produce to maximize profits 2) Of the total output in part (1), how many units are produced at teh first facility (what is Q1) 3) Of the total out put in part (1), how many units are produced at the second faci..
A college student is considering whether to operate a lawn-mowing business for the summer or work in a business owned by his family. His time is worth $w1 per our and he can work as many hours as he chooses in the family business at this rate.
Currently, she is producing her own cookies, and she has revenues of $260,000 per year. Her costs are $40,000 for labor, $10,000 for rent, $35,000 foringredients, and $5,000 for utilities. She has $100,000 of her own money invested in the operatio..
Determine the uniform quarterly series in quarters 0 through 12 of a cash inflow of $5,000 in quarter 1; $10,000 in quarters 2 to 5; and $12,000 in quarters 6 - 12 with an interest rate of 15 %.
calculate the opportunity cost for chris, andrew and stuart if they have to opt between travelling by bus, at 3 hours for $20 OR PLANE FOR $100 IN 30 MINUTES, onsidering that each earn $12, $5 and $10 an hour
Two alternate schemes are proposed for heating this building. "Bottled gas" can be used for floor type furnaces, or electric radiant panels can be installed in the walls and ceiling. It is estimated that the building will be used for 5 years befor..
The accounting and marketing departments have provided you with the following information about the per-unit costs and demand for Type A bolts: Materials and labor are obtained in a competitive market on an as-needed basis
a. Warner is selling in a perfectly competitive market at a price of $40. What is the profit maximizing or loss-minimizing output b. Calculate the firm's profit or loss. Show computation. c. Should the firm continue to produce in the short run
Suppose in the banking system as a whole, demand deposits are equal to $80,000,000 and reserves are equal to $17,000,000 with a legal reserve ratio of 10%. If the Fed doubles the required ratio, by how much will the money-creating potential
Suppose annual salaries for sales associates from a particular store have a mean of $32,500 and a standard deviation of $2,500. a. Calculate and interpret the z-score for a sales associate who makes $36,000.
the football coach at midwestern university was given a 5 year employment contract that paid 225000 the first year and
Despite the economic progress that the U.S. has observed in thepast century, the standard of living remains extremely low in manycountries. Consider the following regarding poverty in developing countries
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