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Question: The Piney Copper Company purchased an ore bearing tract of land for $7,500,000. The geologist for Piney estimated the recoverable copper reserves to be 450,000 tons. During the first year, 50,000 tons were mined and 40,000 tons were sold for $4,000,000. Expenses (not including depletion allowances) were $2,500,000. What are the percentage depletion and the cost depletion allowances?
What does this estimate imply about the price elasticity of demand for ice cream cones - What happens to the Marginal Utility of bracelets and the Marginal Utility of soda?
data for the market for graham crackers is shown below. calculate the elasticity of demand between the following
1- Prove that the estimated regression coefficients for a linear regression with an intercept term are identical to those obtained for the same linear regression equation without an intercept term, but for which all variables are replaced by ..
Project Description: Lesa Martin, a member of the support/coordination staff for the conference center at Painted Paradise Golf Resort and Spa.
it seems most everything we buy these days has the label made in china. china has become the second largest world
Calculate the price elasticities of demand and indicate whether your result shows that demand is price inelastic, price elastic, or unitary elastic - determine exactly how many cookies Paco will eat every day, it is possible to determine the maxim..
Demonstrate that in the multiproduct-firm case, equating the Lerner indexes for all products is equivalent to setting the prices proportional to their marginal costs. Explain why the Allais rule is inefficient.
Consider a firm with the total cost function TC = 0.00025Q3- 0.10Q2+ 20Q + 4000 - What is the firm's average cost of producing 500 units?
What do you think about the long run equilibrium solution for a firm in a monopolistically competitive market? Would you expect this to be different.
Explain what happens to output in the short run in each of the following circumstances:
in the economy of ukzten in 2010 consumption was 60 of gdp government purchases were 212 imports were 67 and 67 of the
Draw a supply/demand diagram of the market for "loanable funds" in the U.S. Use the "interest rate" as the "price" of loanable funds on your diagram. Show the effects of a rise in the expected inflation rate on your diagram.
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