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A small microprocessor costing $12,000 is to be depreciated using 150% declining balance depreciation over the next 4 years. The microprocessor will have no value after 4 years. Determine the depreciation schedule. What is the book value at the end of the 4 years?
Lisa is a self-employed physical therapist who works from a rented space. Lisa charges $250 for a therapy session. She incurred the following costs last month: space and equipment rental, $1400; wages, $3500; materials, $1800. If Lisa’s profit last m..
What effect, if any, would each of the following have on the short-run average (ATC, AFC, AVC) and marginal costs of an auto dealership:
Why Is government intervention needed for our economy to run well. If Xavier keeps the tutor until his grade actually begins to fall, his marginal utility will be.
For years, you were the owner/operator of a small gift shop in a remote rural area with no competition nearby. As such you were making above average profits every year. Consequently, new competitors were attracted to your market and eventually you fo..
If the cost of providing g streetlights is given by c(g)=g^2, what is the Pareto efficient(optimal) number of streetlights to provide?
Do some outside research on recent actions on the part of the Federal Reserve. The Fed is essentially responsible for monetary policy. Describe the functions of the Fed and why manipulation of the money supply has been such a prominent tactic over th..
Identify three keys points or beliefs held by the Chicago school of economic thought. What are the macroeconomic policy implications of those beliefs?
Conflicting political economic perspectives exist between many nations. Using the United States , Japan, and the former Soviet Union as examples, describe how each nation views capitalism and name at least 2 policy tools used by each to advance their..
Fixed costs exist only in:
Consider the horizontal quality model on the unit interval from 0 to 1. There are N consumers located uniformly along the interval. There are two firms, with zero marginal costs, initially located at 0 to 1. If the firms sell to the whole market, der..
How does it affect level of investment and interest rates. How does it affect individual consumer. Give at least three examples in your response.
What effect would each of the following have on aggregate demand or aggregate supply
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