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What is Investment Policy Statement? Follow the 5 investment policy steps and give explanation for each step with example
A machine with a useful 10 year life is to be depreciated by the MACRS method over 7 years. The machine has a first cost of $35,000 with a $5,000 salvage value. Its annual operating cost is $7,000 per year. The depreciation charge in year three is ne..
The simple interest formula is I = Prt (Interest = Principal * rate * time). This is one way that interest is calculated on a loan or investment. Create a loan scenario: Tell a story about the purpose of the loan, who was involved, and explain the te..
Andrew appoints Matthew to be his agent for a period of 2 years. After 6 months, Andrew meets with an accident after which he permanently losses his capacity to understand things going on around him. This terminates the contract automatically. But Ma..
Suppose that a firm's only variable input is labor. The firm increases the number of employees from four to five, thereby causing weekly output to rise by two units and total costs to increase from $3,000 per week to $3,300 per week.
Describe the relationship between the terms independent, dependent, continuous, and discrete variables?
What effect, if any, does each of the following events have on the price elasticity of demand for corporate-owned jets?
Define and explain fiscal policy, explain the difference and workings of expansionary versus contractionary fiscal policy, budget deficit versus budget surplus. Describe excessive increases and decreases in aggregate demand; what do they cause, how d..
Calculate the present worth of the following geometric gradient series cash flow: Annual interest Rate =9.64 %, Annual cash flow increases 29% each year, The first year value is $65 and the series is 9 yrs long.
Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30% drop in the sales of SUVs. What can you say about elasticities?
q1. if one defines incremental cost as the change in total cost resulting from a decision and incremental revenue as
What is Oligopoly? Also, explain the following. Why it exists, and why it is so common.
Why does monopolistic competition deliver neither productive nor allocative efficiency?
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