Questions
A company's management is considering to buying a new machine. A new machine will cost $25,000....

A company's management is considering to buying a new machine. A new machine will cost $25,000. Annual operating and maintenance costs will be $8,000 in the first year, increasing by $400 each year. Assume the machine depreciates by $4,000 per year according to straight-line depreciation. Assume the machine can be re-sold at its book value at any time.

a) Owning the proposed new machine for how many years will result in the minimum EAC if the interest rate is 8%? (show steps)

b) If the old machine reached its minimum EAC several years ago and its operating and maintenance cost this year are expected to be $9,000, should the arena’s management buy the new machine? Assume the operating and maintenance costs of the old machine will increase, and assume it has a salvage value of zero.

In: Economics

Develop and discuss with examples of the personal computer industry of apple/mac and windows  where appropriate the...

Develop and discuss with examples of the personal computer industry of apple/mac and windows  where appropriate the various aspects that make up Michael Porter's structural analysis of an oligopoly for personal computer industry of apple/mac and windows industry.

In: Economics

The demand for Greta’s Grinders can be characterized by the following point elasticities: price elasticity =...

The demand for Greta’s Grinders can be characterized by the following point elasticities: price elasticity = -0.8, cross-price elasticity with Melvin’s Mashers = -2, and income elasticity = 1.2. Which of the following statements is false?

  1. A price increase for Greta Grinders will decrease both the number of units demanded and the total revenue Gail gets.
  2. The cross-price elasticity indicates that a 4% increase in the price of Melvin’s Mashers will cause an 8% increase in quantity demanded of Greta Grinders.
  3. An 8% price reduction for Greta Grinders would be necessary to overcome the effects of a 4% decline in income.
  4. All the above statements are false.  

In: Economics

Suppose market demand and supply are given by Qd= 400-12P and Qs= -20 + 8P. If...

Suppose market demand and supply are given by Qd= 400-12P and Qs= -20 + 8P. If a price floor of $20.00 is imposed,

  1. there will be a surplus of 10 units.
  2. there will be neither a surplus or shortage.
  3. there will be a shortage of 16 units.  
  4. None of the above choices makes any sense in this case.

In: Economics

Write a one-page short essay on ONE of these topics: H3.1 Many large companies have been...

Write a one-page short essay on ONE of these topics:
H3.1 Many large companies have been buying back shares in recent years. What are the consequences of this for the company’s balance sheet? What does it mean for shareholders?

H3.2 There has been a lot of discussion about the inversion of the yield curve this year. What is the significance of this?

In: Economics

Jack and Jill are in the checkout line at Walmart. In Jack’s basket he has 4...

Jack and Jill are in the checkout line at Walmart. In Jack’s basket he has 4 DIGIORNO Original Thin Crust Supreme Frozen Pizza and 2 half-gallons of Blue Bell Chocolate Chip Cookie Dough. Jill has in her basket 6 of the DIGIORNO pizzas and 1 half-gallon of the Blue Bell ice cream. You know that the pizza are selling for $5.00 each while ice cream costs $4.00 per half-gallon. If both Jack and Jill are utility maximizers, which of the following statements is incorrect.

  1. Jack and Jill have different budgets to spend on pizzas and ice cream.
  2. Given what is in his basket, Jack’s marginal utility for pizzas is 1.25 his marginal utility for ice cream.
  3. Jill’s marginal rate of substitution between pizzas and ice cream is larger than Jack’s since she has more pizzas than ice cream in her basket compared to the ratio in Jack’s basket.
  4. Given what is in her basket, Jill’s marginal utility for ice cream is 0.8 her marginal utility for pizzas.
  5. All the above are correct.

In: Economics

Is the weighted voting system in the IMF, World Bank, and UN General Assembly the best...

Is the weighted voting system in the IMF, World Bank, and UN General Assembly the best way the maximize worldwide prosperity?

In: Economics

Question: Using consumption function explain the effect of strong exchange rate on investment within the UK...

Question:

Using consumption function explain the effect of strong exchange rate on investment within the UK economy?

In: Economics

Min of 500 words, please. Must be passed plagiarism and must be unique. Your significant other...

Min of 500 words, please. Must be passed plagiarism and must be unique.

Your significant other is offered his or her dream job. Unfortunately, you have to re-locate to an area that does not have many opportunities for an IT Career. Could you be an effective telecommuter? Write a short paper describing what (if any) of your skills could be effectively used via telecommuting, and what you would need to do to be able to effectively work from home. Consider needed technology as well as a workspace.

In: Economics

Prepare Porter's five force model of dairy industry in United States. Course- managerial economics

Prepare Porter's five force model of dairy industry in United States.

Course- managerial economics

In: Economics

1. Are leadership and management different from one another? If so, how? 2. What is the...

1. Are leadership and management different from one another? If so, how?

2. What is the different trait and behavior theories? Ate the theories valid?

3. what is the main limitation of behavioral theories if leadership?

note: I need written journal regarding these 3 questions.

In: Economics

Which of the following prohibits the federal and state governments from denying a citizen the right...

Which of the following prohibits the federal and state governments from denying a citizen the right to vote based on that citizen's "race, color, or previous condition of servitude"?

Group of answer choices

Federal Election Commission

Citizens United v. FEC

Voting Rights Act of 1965

Civil Rights Act of 1964

Fifteenth Amendment

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In: Economics

A review of the economic performance of Canadian economy by economists at the Bank of Canada...

A review of the economic performance of Canadian economy by economists at the Bank of Canada suggests that the economy has an inflationary output gap.
Explain how the Bank of Canada could use monetary policy instruments to close the inflationary output gap. Explain the process (mechanism) through which this occurs.

In: Economics

Consider the Canadian economy that is in long run equilibrium with output equal to Y*. The...

Consider the Canadian economy that is in long run equilibrium with output equal to Y*. The United States economy goes into a major slowdown causing a significant decrease in goods and services shipped into the United States from Canada. For the Canada, answer the following questions:
A) What kind of shock occurred- aggregate demand or aggregate supply? Explain your answer.
B) Explain the how fiscal policies by government of Canada can be used to drive the economy back towards Y* in the long run. Explain the steps

In: Economics

a) Explain the three key functions of the Bank of Canada. b) In the Canadian banking...

a) Explain the three key functions of the Bank of Canada.
b) In the Canadian banking system, the target reserve ratio is 20 per cent and the estimated value of the cash drain ratio is 5 per cent. What is the total value of new deposits from a new deposit in a bank of $500.00? (show your calculations).

In: Economics