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Question: Joe runs the Service Division for a car dealership. The overall dealership has profit of $10 million on sales of $100 million and costs of $90 million. Joe's division contributed $9 million in sales and $7 million in costs. If the Service Division is evaluated as a profit center, what dollar amount is most relevant to Joe?
a. $2 million
b. $7 million
c. $9 million
d. $10 million
A wood products company has decided to purchase new logging equipment for $100,000 with a trade-in of its old equipment. The old equipment has a BV of $10,000 at the time of the trade-in.
"Some economists worry that the aging populations of industrial countries are going to start running down their savings just when the investment appetite of emerging economies is growing" (The Economist, May 6, 1995)
Why do producers have more interest in government regulations than consumers do? Contrast and Compare the public-interest and special-interest theories of economic regulation. What is the “capture theory” of regulation?
Draw a graph showing a monopolistically competitive firm in a short-run equilibrium where it is earning positive economic profits. What must be true of price versus average total cost for such a firm? What will happen to the firm's demand curve as..
Consider an economy with the production function Y = L1/3 a) Derive the Labor demand Curve b) If Labor supply curve is Ls = (w/p), calculate the equilibrium levels of real wage, labor and output.
1 good reason why quantity demanded increases when its price falls is that the: a. lower price shifts the supply curve to the left b. lower price shifts the demand curve to the left c. lower price shifts the demand curve to the right d. lower price e..
Discuss what quantitative and qualitative factors caused the audit partner to determine the decrease in the current year materiality.
Description of the problem and of the aim of the paper/research question - Logical layout, structure and analysis
How much labour should be allocated to plant Alpha and to plant Beta? And, at the best allocation, what is the output produced?
How does this globalization affect the choices you face in your economic decisions? Do the effects change if you think of yourself as a consumer or as a producer?
In a separate group discussion board, present two arguments. The first should argue in favor of the proposed merger, from the perspective of the firms. The second agrues against the proposed merger from the perspective of the broader public intere..
Discuss non-rational factors that may have a role in the valuation of stocks and stock market equilibrium. Provide specific examples to support your response
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