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The manager at Sherwin -Williams store has decided to purchase a new $30,000 paint-mixing with hi-tech instrumentation for matching color and other components. The machine may be paid for in one of two ways:
(1) pay the full price now, less a 3 percent discount, or
(2) pay $5,000 now, $8,000 one year from now, and $6,000 at the end of each of the next 4 years. If interest is 12 percent compunded annually, determine the best way for the manager to make the purchase.
assuming that overall taxes are cut by 10 percent across the board. What will this change do to disposable income, consumption, and the multiplier
The majority of the world’s diamonds comes from Country A and Country B. Suppose that the marginal cost of mining a diamond is $1,000 per diamond and that the demand schedule for diamonds is as follows
Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor force..
1. suppose that the long-run world demand and supply elasticities of crude oil are -0.906 and 0.515 respectively.
So I am wondering if any of you over achievers have any advice for me. Specifically I am wondering - what else can I be doing to make my resume' more attractive?
Supposing the marginal cost curve is for a competitive industry as a whole, find out the profit-maximizing level of output and price.
Courts in Japan have recently begun to make awards to the families of workers who have been judged to have been "worked to death." That is, employers have been increasingly required by courts to make large financial payments
perfectly competitive constant-cost industry has a market demand curve p 50 - 17q.each firm has a u-shaped long-run
Real GDP equals 5000, nominal GDP equals 10,000 and the price level equals 2, then what is velocity if the money stock equals 2000?
With respect to price elasticity of demand, create a graph using the information in figure 1. Illustrate the ranges on demand curve that indicate elastic, inelastic, and unitary elasticity.
Describe various revenue models available as video content shifts from atoms to bits. What are the advantages and disadvantages to each - for consumers, for studios, for middlemen like television networks and Netflix?
What levels of G and T are needed to both move to full employment at Yf and balance the budget? Now assume economy is operating at full employment and that the budget is balanced. Suppose that the government imposes an income tax with a marginal t..
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