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Golda Rush quit her job as a manager for Home Depot to start her own hair dressing salon, Goldilocks. She gave up a salary of $40,000 per year, invested her savings of $30,000 (which was earning 5 percent interest) and borrowed $10,000 from a close friend, agreeing to pay 5 percent interest per year. In her first year, Golda spent $18,000 to rent a salon, hired a part-time assistant for $12,000 and incurred another $15,000 on equipment and hairdressing material. Based on this information, what is the amount of her explicit costs?
Suppose for the sake of this problem that the U.S. can be modeled as a small open economy.
Consider current on-demand digital media delivery trends, such as Apple TV, Netflix, and Hulu. Choose one company. Based on the material covered this week in the lectures and textbook, do you believe that this company has a viable revenue model? Why ..
The town finds an investor who purchases the warehouse and promises to renovate the old building and build condominiums. Is this economic growth?
Explain any additional variables that may improve the coefficient of determination. Based on the forecasting demand, determine whether Dominos should establish a restaurant in your community. Provide a rational and support for the decision.
Expansionary monetary policy, or an "easy money" policy by the Fed..
The New York Times (newspaper) of September , 2014, reported on the drought that has influenced farmers in the midwestern states. The article noted that the very dry weather conditions is forcing many farmers to plant "dry crops" like sunflowers rath..
Consider an environment where an agent could be either employed E or unemployed U. Let’s normalize E + U = 1, so that E and U are interpreted as the fraction of people employed and unemployed at any given point in time, respectively. What is the prob..
Write a five-to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center. In this analysis you will discuss the financial health of this company with the ultimate goal ..
For a single consumer, show the demand curve for three illness, L1, L2, and L3, where the degree of illness increases as the subscript increases from 1 to 3. Need the demand curves be parallel? Could they ever possible cross?
The maintenance foreman of a plant in reviewing his records found that maintenance costs on a large press had increased with sales of a product that will decline in the future. 5 Years Ago $600 4 Years Ago $700 3 Years Ago $800 2 Years Ago $900 Last ..
Using the PPF analysis, explain what this means, the consequences of this behavior with regards to economic growth, and what the government could do to rectify the problem.
Asuming that the market price is 166 and that the marginal revenue (MR) is also 166 (it is constant at all output levels), What is the profit maximixing level of output produced?
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