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The maintenance for a bus, whose life is 10 years, is $1500 per year starting the fourth year, increasing by $200 for each successive year. The interest rate is 5% per year. What is the present worth of maintenance cost?
Assume that the plant managers base their decisions on a five-year capital budgeting cycle (i.e., time is t = 0, 1, 2, ..., 5, where t = 0 is now), and that changes in regulations mean that the company has to buy the scrubber within a 5-year grade..
Find the maximum of (X1,X2) of F subject to the constraint: P1X1+P2X2 =I (Income), the answer should be a function of (P1,P2,I)
Explain who are the winners, who are the loosers, we can better evaluate the net impact, if any, on the overall economy.
Illustrate what are some of the traditional international trade theories that support the concept of globalization.
Brazil’s president, Dilma Rousseff, and her finance minister, Guido Mantega, are attacking the U.S. Federal Reserve for aggressively buying bonds and driving the exchange rate of the dollar down
Explain who would the main beneficiaries be of tying Social Security
Elucidate the roles played by total utility and marginal utility.
"When the British government tripled university fees for foreign students in Great Britain, about one-half of them left to study in other countries." What is the implied price elasticity of demand by foreigners for a British education is (in absolute..
What is the maximum per unit that sellers are willing to pay intermediaries if hiring them saves $8 transaction costs?
A perfect competitive firm has the cost function TC = 1000 + 2Q + 0.1 Q^2-What is the lowest price at which the firm can break even?
A monopolist faces demand P=400-4Qd and has constant marginal cost MC=80. If this monopolist engages in first-degree price discrimination, what would consumer surplus be?
A six-year, $10,000 CD pays 6 percent interest annually and has a 6 percent yield to maturity. What is the duration of the CD? What would be the duration if interest were paid semiannually?
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