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A construction item has an annual demand of 100,000 units and are sold for $0.85 each. Two alternative designs are under consideration for the manufacture of this item. Either design will serve equally well and will involve the same material and manufacturing cost except for the lathe and drill operations. Design A will require 7 hours of lathe time and 8 hours of drill time per 1.000 units. Design B will require 12 hours of lathe time and 5 hours of drill time per 1.000 units. The variable operating cost of the lathe, including labor. is $19.60 per hour. The variable operating cost of the drill, including labor, is $17.90 per hour.
Given the debates concerning the use of capital budgeting could you make an argument for the use of capital investments versus the classification as a current
Why might the costs of a perfectly competitive firm and those of a monopolist be different? What are the implications of such a cost difference?
Graph the labor market with efficiency wages. Give a reason why firms would want to offer efficiency wages. Does the presence of efficiency wages increase or decrease the natural rate of unemployment?
It is almost impossible to survive without some type of credit card? Does anyone have advice on making wise decisions when choosing a credit card?
What are the 3 goals of macro-economic policies and the target rates?
Mytown uses an interest rate of 6%. What is the EAC for Mytown's policy? What is the EAC for the optimal policy? What is the optimal policy?
When the actual Lorenz curve is as far away from the 45-degree line as possible, there is. One way to reduce the degree of income inequality is to. The Gini coefficients for countries A and B are 0.25 and 0.30, respectively. We can definitely conclud..
Discuss the mechanisms in which banks generate money in the economy and what regulations the Federal Reserve Bank imposes that affect the banks.
When the Fed decreases the interest rate paid on reserves, if the ratio of currency to deposits decreases also while the monetary base is constant, then:
In Atlanta, the price elasticity of demand for bus rides is -0.5, the income elasticity of demand for bus rides is -0.1 and the cross price elasticity of demand for bus rides with respect to gasoline is 0.2. Describe the relationship between bus ride..
1. Identify the years with the steepest monetary raises. 2. Identify the years in which the raises plateaued.
Based on the regression equation, the price of gold increased on average by approximately $___ per ounce for a $500 billion increase in the monetary base (round to the nearest dollar). regression equation $/oz gold=207+.05 monetary base
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