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NMTeX Oil company owns several gas wells in Carlsbad, NM. Income from the depleting wells has been decreasing according to an arithmetic gradient for the past five years. If the income in year 1 from well no. 24 was $390,000 and it decreased by $15,000 each year thereafter,
(a) what was the income in year 3, and
(b) what was the equivalent annual worth of the income through year 5 at an interest rate of 10% per year?
Discuss how anti-trust laws promote competition and what might be done to improve existing anti-trust laws. Provide specific examples to support your response.
how does a persons individual moral philosophy influence his or her business decisions?compare and contrast the three
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what is the profit-maximizing output and price - In the United States professional football players earn much higher incomes than professional soccer players.
Why is the residual mean value important to a forecaster
3. A small country can import a good at a world price of 10 per unit. The domestic supply curve of the good is S = 20 + 10P , D = 400 - 5P.
Assume that you are 10 years into a 30 year home loan at 6.0%. You owe $150,000 left on your home at this time. You can refinance your loan at 3.5% for 20 years; however the closing costs will be around $4,500.
Describe the monetary policy tools the Federal Reserve uses to stabilize the economy and maintain price stability. Based on the information you researched from Federal Reserve publications, present and justify your own economic outlook for the next..
Glen spends at least 40 hours a week at his place of business. If he closed the company, he could work for his competitor earning $50,000 a year. He also owns the building the company operates in and could rent it out for $12,000 a year if he closed ..
You may be aware that there are three types of profit: accounting profit, economic profit, and normal profit. The difference between the total revenue and the sum of the explicit and implicit costs of an organization results in economic profit. It is..
suppose that the probability that a used bike is a lemon low quality is p and the probability that a used bike is a
what kind of industries does a localization strategy makes sense? why? when does a global standardization strategy make
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