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A machine has a current salvage value of $10,000, which will drop by $2,000 per year. The maintenance costs will be $1,250 per year. What is the marginal cost to extend the service for 1 year, at 8%?
Compute the internal rate of return for a machine that costs $20,000 and provides annual revenue of $5,000 per year for five years. You can assume all revenue is received once a year at the end of the year.
your grandmother heard you were studying economic and decided to make use of your knowledge. she is selling her house and wants to know what price to ask for her well kept house in a growing neighborhood you need more information; what did it cost..
During the last three decades entrepreneurs like Michael Dell, Sam Walton, and Ted Turner earned billions of dollars. Do you think the average American is better or worse off as the result of the economic activities of these individuals? Explain your..
1. Consider the situation of the concept of Green energy policy and conservation. What is the issue at hand and what are they hoping to do Explain. 2. What are the anticipated benefits of using the electric cars and the new florescent light bulbs E..
Is it possible for a college professor to receive economic rent If so, how would the amount of economic be measured Note that economic rent in the labor market is sometimes referred to as quasi-rent in order to distinguish it from the return that ..
you are the manager of the surgery department at a hospital which serves mostly medicare patients. the hospital
Marginal benefit is the:
Explain the process or mechanism underlying how a market-based economic system allocates scares resources. Identify how this process might differ from a centrally planned or command economy.
a firm has the choice of the following investmentsinvestment a costs 5000 today pays a total of 4000 next year and 1700
Describe how expected activity times and variances can be computed in a PERT network. Describe a situation in which a project manager would choose PERT for their project.
many americans feel that their jobs at home should be protected and that free trade should be limited. however global
Fetzer valves can be made in either China or the United States, but because labor in the United States is more skilled, on average, than labor in China, the production technologies differ. Consider the two production isoquants in the figure.
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