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A machine that costs $30,000 now and can be sold for $13,000 in year 4 at end of machine's life. The machine costs $12,000 each year to operate and the raw materials cost $10,000 each year. The machine produces 500 pieces each year. Using an annual interest rate of 7%, what is the cost per piece produced?
Firms often face the problem of allocating an input in fixed provide among different products.
Suppose that market demand can be represented as p = 100 - 2Q. There are 10 identical firms producing an undifferentiated product, each with the total cost function TC = 50 + q2. Compare the competitive outcome with the cartel outcome. What is the in..
Suppose the following system of equations: MAC = 60, 4E, MD = 2E, where E=level of emission per month. Solve for socially efficient equilibrium. Show it graphically. Compute total damage (TD) at this equilibrium.
Kalia is currently spending all of her weekly income purchasing the two goods that she likes hamburgers and fries. She is currently purchasing 10 hamburgers and 5 large fries. She receives 40 utils from her 10th hamburger and 20 utils from her 5th la..
Elucidate the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.
An American consumer buys a French luxury product in New York. In the U.S. balance of payments accounts, this transaction directly appears in
Every society faces? trade-offs because we live in a world of scarcity. Suppose a? student-athlete has the opportunity to earn ?$200 comma 000200,000 next year playing for a minor league baseball? team, ?$100 comma 000100,000 next year playing for a ..
Elucidate wether each of the following evens shifts the short-run aggregare supply curve, the aggragate demand curve both or neither.
Suppose you can hire your mechanic for up to six hours. The total benefit and total cost functions are B (H)=420H-40H^2 and C(H)=100H+120H^2. The corresponding formulas for marginal benefit and marginal cost are MB (H)=420-80H and MC(H)=100+240H.
Please describe your experience in building the project management schedule in the forum and answer the following questions below:
An investor purchases a 30-year U.S government bond for $1,020. The bond's coupon rate is 9 percent and, it still had 14 years remaining until maturity.
After reviewing the first few chapters of your textbook Money and Banking , write a short paper on how your life is affected by the financial system. Find at least two online sources to support your position. For example, you can reference an article..
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