A project firm is considering for implementation has these estimated cost and reveneus: an investment cost of $50,008, mantainance cost starts at $5,000 at the end of year(FOY) one and increase by $1,000 for the next four years, and then remains constant for the following five years: savings of $24,105 per year(EOY 1-10) and finally a resale value of $27,215 at EOY 10. If the project has a 10 year life and the firm's MARR is 10% per year, What is the present worth of the project?
In: Economics
what is the effect of education center in corona virus
In: Economics
In your own words (250 words) explain or discuss global trade and trade policy.
In: Economics
what are the actions would you suggest restoring our economy from the slump caused by the ongoing pandemic?
In: Economics
what is the effect of eductation center in corona virus
In: Economics
. What are the limitations of the mainstream model of consumer behavior?
In: Economics
Do you think there should be unemployment compensation? (Another form of income distribution)
Why or why not?
In: Economics
Tokyo 2020 Olympics officially postponed until 2021
In: Economics
Use the following information to answer the next two questions:
Suppose society consists of two individuals, A and B, who must split a fixed income of $100. Individual A’s marginal utility of income is given by MUA=400-8IA and individual B’s marginal utility of income is given by MUB=800-4IB.
17. If the social welfare function is given by W=UA+UB, then at the optimal distribution of income, social welfare (W) is _______________.
18. Suppose instead that the social welfare function is given by W=UA, then at the optimal distribution of income, social welfare (W) is ______________.
Use the following information to answer the next three questions:
Consider an altruistic individual whose utility function is given by U=f(Iself,Icharity). Their marginal benefit of donating to charity (i.e. those in need) is given by MPB=200-Icharity and their marginal cost of donating to charity is given by MPC=4Icharity. This individual’s donations also result in marginal external benefits to third parties (those who benefit from knowing that donations are being made to those in need), given by MEC=5. Using a graph with dollars on the vertical axis and Icharity on the horizontal axis, answer the following questions.
19. This individual will voluntarily donate $ ______________to charity.
20. The deadweight loss associated with this individual voluntarily donating to charity is
$_____________.
21. To encourage this individual to voluntarily donate the socially efficient amount to charity government would need to offer this individual a tax credit in the amount of $_____________.
In: Economics
Suppose that a hypothetical economy is characterized by the following equations:
C = 200 + 0.75(Y-T)
I = 200 – 25r
G = 100
T = 100
MS = 1,000
P = 2
(M/P)d = Y – 100r
In: Economics
What is the significance of loanable funds to both national and local enconmies?
In: Economics
The firm, competing in a very highly competitive market, is manufacturing and selling headphones. The firm’s total revenue and cost functions are:
Rq=q3+14q2+35q+40
Cq=13q3+20q2+19q+15
In: Economics
q = K^1/2 L^1/2 p=$20, v=$8, w=$4
a) suppose k= 16, find short-run total and marginal costs, and also firm supply function. Find the price that the firm shuts down its production.
b) find firm profit maximization demand function and short-run supply function
In: Economics
q= K^1/3 L^1/3 w=$2, V=$16, k=27, p=$32
a)what's the firm level of labor and profit?
b)what'd you suggest for adjustment of short-run and future amount of K and L?
In: Economics
''Irrespective of the structure of the labour market, economic theory predicts that the imposition of a minimum wage above the otherwise prevailing wage unambiguously reduces employment”.
Discuss the validity of the above statement both on the basis of economic theory and in light of the existing empirical evidence
In: Economics