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An injection-molding machine has a first cost of $1,050,000 and a salvage value of $225,000 in any year. The maintenance and operating cost is $235,000 with an annual gradient of $75,000. The MARR is 10%. What is the most economic life?
Explain the impact of each of the following events on the market for union labor. Union-produced TV and radio commercials convince consumers to buy domestically manufactured clothing instead of imported clothing.
(Tragedy of the commons) Imagine that two fishermen operate in a lake. We denote the quantity fished by fisherman 1 as q1 and the quantity fished by fisherman 2 as q2. Each player can sell each unit of fish they get by the constant market price p (ta..
If you go to a department store one week before the summer, what might you notice about your favorite brand of jeans? The supply has increased since nobody is buying them. The supply has increased because they’re too expensive. The supply has decreas..
what is the wage, quantity hired, wage plus employer taxes and wage minus employee taxes if employees pay a $6 tax?
Demand is said to be inelastic when
Calisto Launch Services is an independent space corporation and has been contracted to develop and launch one of two different satellites. Initial equipment will cost $750,000 for the first satellite and $850,000 for the second.Find the external rate..
“College students succeed or fail based on their degree of academic engagement.” This statement is an example of which sociological perspective?
Harry Mazzola, who consumes only corn chips and french fries. His utility function is u(x1, x2) = min{x1 + 2x2, 2x1 + x2} where x1 is his consumption of corn chips and x2 is his consumption of French fries. At what prices will Harry consume only corn..
Paul invest $700 in the manufacturing of lights. during first two years, he earns $1700 each year. after that, the operation folds and he earns nothing. Paul's discount rate is 20%. what's the NPV of Paul's operation?
What market structure best characterizes the market in which University of Phoenix competes?
Using supply and demand and competitive analyses, explain what happens to a pharmaceutical company’s revenues and profits from an individual drug once it loses its patent protection. Then identify at least one strategy the company can use to mitigate..
One reason why employees prefer for their employer to pay for their health insurance rather than receive increased wages and pay for their own health insurance is that wages are taxable income to the employees but the money the employer spends to buy..
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