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Question: Last year, Jarod left a job that pays $60,000 to run his own bike-repair shop. Jarod's shop charges $65 for a repair, and last year the shop performed 3,000 repairs. Jarod's production costs for the year included rent, wages, and equipment. Jarod spent $50,000 on rent and $100,000 on wages for his employees. Jarod keeps whatever profit the shop earns, but does not pay himself an official wage. Jarod borrowed $20,000 for the shop's equipment at an annual interest rate of 5 percent.
a. What is Jarod's accounting profit?
b. What is Jarod's economic profit?
Suppose you decide to elicit high CEO effort when and if good luck occurs by paying the bonus for $1 billion outcomes only. what criticism can you see with this incentive contract plan.
Determine the cost trend of the intervention program since its implementation including whether costs are increasing or vary with the state of the economy.
Online research seems to be the best. They all have pros and cons of some sort. I would use online research to reach a certain demographic and have links from sites that my target market would visit. The benefits would be to gain information us..
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The Wall Street Journal once reported on dating services, noting that the fees were $300 for men and $250 for women. The owner of the service said the difference in fees was to compensate for inequalities in pay scales for men and women
What are the hot hand fallacy and the gambler's fallacy? Give an example of each.
You can choose a business or industry in which you are employed or a family member is employed or just an industry in which you are interested. Which type of market does this business or industry compete in?
Firms decide how much to spend on product development and marketing by
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a tell me why you selected the appropriate exponential smoothing method by commenting on your y data
the australian government recently announced its proposed carbon price mechanism. the operation of this scheme is
draw an ad-as diagram representing the u.s. economy in a recession. also draw a diagram of the u.s. labor market in the
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