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Western Play land and Aquatics Park spend $75,000 each year in consulting services for ride inspection. New actuator element technology enables engineers to simulate complex computer - controlled movements in any direction. How much could the amusement park afford to spend now on the new technology if the annual consulting services will no longer be needed? Assume the park uses an interest rate of 15% per year and it wants to recover its investment in 5 years. $250,000 $251,415 $22,374 $51,415 An investment of $100,000, increased to $168,510 over a 5 year period. What was the rate of return on the investment? 10% 15% 20% 11%
Jeffrey has his own delivery business, but Discrimina has only paid him cash. Each time, Jeffrey has given the company a receipt for the cash. While he waits, he sometimes goes out for donuts for the crew.
There are two goods in the economy, anchovies (a fish) and bananas ( FARM product). Draw the economy's production possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
Assume that a new law stated that any person could print their own money. Determine what kind of changes would come about in daily commercial transactions as a result of such a law?
VMIC Corporation has asked you to look at the following data. The interest rate is 10 percent.
In the market for rewritable DVDs, explain whether the followingevents would cause an increase or a decrease in demand or anincrease or decrease in the quantity demanded. Also explain what happens to the equilibrium quantity and the market clearin..
Suppose that competition among several market makers forces the spread down to $2. How many goods are traded?
1. Which economic system is best suited for handling a crisis of epic proportion (hurricane, flood, blizzard, forest fire, and so forth)? Why? 2. Describe and explain why a socialist system might be the best in responding to the needs of people st..
Write in words (or in mathematical symbols) the formula for the coefficient of price elasticity of demand. What are the numbers or ranges of numbers that correspond to (1) perfectly elastic demand; (2) elastic demand? Give a realistic example o..
What do economists believe is the relationship between the price level (P) and real output (Y) in the short run and in the long run, and how does this answer differ depending on which time frame is being considered How are these beliefs reflected ..
Explain how each of the folloowing variables will be affected by proposed steps that you have identified in the first part of the decussion: Money supply, interest rate, inflation rate, aggregated demand and output.
What role do monetarists believe the government should play in the economy and why After that has been discussed, What do Keynesian and New classical economists believe about macroeconomic policy. Which role of thinking do you think you would fit ..
Explain the relationship between AP and MP. Be sure to use graphs to help support your answer. Calculate the MP and the AP for each worker
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