1. Which one of the following would be an example of a supply-side market failure?
A. Your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. B. Everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one. C. A gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. D. A gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense.
2.The law of increasing opportunity costs states that
A. if the prices of all the resources used to produce goods increase, the cost of producing any particular good will increase at the same rate. B. if society wants to produce more of a particular good, it must sacrifice larger and larger amounts of other goods to do so. C. if the sum of the costs of producing a particular good rises by a specified percent, the price of that good must rise by a greater relative amount. D. the sum of the costs of producing a particular good can't rise above the current market price of that good.
3.Why is regulatory capture a potential government failure?
A. When regulators get too close to the industry they're meant to manage, they may begin to create rules and laws that benefit the industry over the public. B. Laissez-faire economics dictates there should be no government intervention in the markets at all. C. It prevents the government from supplying important public goods. D. The right to coerce is powerful and prone to abuse.
4 .Jacinta, Juan, and Julian have all decided to start a business together. They'll pool their resources to get it started, they'll share any profits or losses from the business equally, and each of them will be personally responsible for any debts or liabilities from the business. What type of business should they form?
A. Corporation B. Sole proprietorship C. Capital accumulation D. Partnership
5.Imagine that the mayor of your town receives most of his reelection funding from cattle industry clients. As soon as he is reelected to office, he passes a law allowing cattle to be driven through the downtown area. The law is very unpopular, and it could be considered a result of _______ on behalf of the cattle industry clients. A. collective-action problems B. political corruption C. Pigovian taxes D. rent-seeking behavior
In: Economics
| The manager for a growing firm is considering the launch of a new product. If the product goes directly to market, there is a 60 percent chance of success. For $176,000, the manager can conduct a focus group that will increase the product’s chance of success to 75 percent. Alternatively, the manager has the option to pay a consulting firm $391,000 to research the market and refine the product. The consulting firm successfully launches new products 90 percent of the time. If the firm successfully launches the product, the payoff will be $1.91 million. If the product is a failure, the NPV is $0. |
| Calculate the NPV for each option available for the project. (Do not round intermediate calculations and enter your answers in dollars, not millions of dollars, rounded to the nearest whole dollar amount, e.g. 1,234,567.) |
| Which action should the firm undertake? |
multiple choice
Consulting firm
Go to market now
Focus group
In: Finance
A company is in the process of constructing a new plant at a cost of $16 million. It expects the project to generate cash flows of $9 million, $6 million, and $11 million over the next three years. The cost of capital is 18.9 percent p.a. What is the net present value of this project? (in millions to three decimals)
In: Finance
A. calculate the AW of the above investment and insert the result below.
B. Based on the AW value you got in the previous question, is this investment economically justified or not? type you explanation below
|
Machine A |
Machine B |
Machine C |
|
|
First cost, $ |
17,311 |
30000 |
10000 |
|
Annual cost, $/year |
9,377 |
6,000 |
4,000 |
|
Salvage value, $ |
4,000 |
5,000 |
1,000 |
|
Life, years |
3 |
6 |
2 |
AW for machine A=
B. For the below ME alternatives , which machine should be selected based on the AW analysis. MARR=10%
|
Machine A |
Machine B |
Machine C |
|
|
First cost, $ |
15000 |
23,182 |
10000 |
|
Annual cost, $/year |
8,775 |
6,000 |
4,000 |
|
Salvage value, $ |
4,000 |
5,000 |
1,000 |
|
Life, years |
3 |
6 |
2 |
AW for machine B=
C. For the below ME alternatives, which machine should be selected based on the AW analysis. MARR=10%.
|
Machine A |
Machine B |
Machine C |
|
|
First cost, $ |
15000 |
30000 |
14,534 |
|
Annual cost, $/year |
17,872 |
6,000 |
4,000 |
|
Salvage value, $ |
4,000 |
5,000 |
1,000 |
|
Life, years |
3 |
6 |
2 |
AW for machine C =
D. Based on the AW value you got in the previous 3 questions, which machine we should select? type you an explanation below
|
Machine A |
Machine B |
|
|
First cost, $ |
27,933 |
100,000 |
|
Annual cost, $/year |
10,943 |
7,000 |
|
Salvage value, $ |
5,730 |
- |
|
Life, years |
3 |
infinite |
the AW for machine A=
B. For th below two machines and based on AW analysis which machine we should select? MARR=10%
|
Machine A |
Machine B |
|
|
First cost, $ |
23,260 |
145,907 |
|
Annual cost, $/year |
14,596 |
9,899 |
|
Salvage value, $ |
6,579 |
- |
|
Life, years |
3 |
infinite |
the AW for machine B=
C. Based on the AW value you got in the previous 2 questions, which machine we should select? type you an explanation below
In: Accounting
Manu works for an auto parts company in New York. He provides information and advice that are not available online to his clients, who are mainly small businesses like Briarcliff Auto. Manu provides credit to Briarcliff Auto, coordinates supplies of parts from several sources to Briarcliff Auto, delivers parts to Briarcliff Auto, and processes returns. Manu is a _______
a. marketer b. distributor c. businessmen d. reseller
In: Accounting
In: Economics
political and regulatory stability to international business in New Zealand
In: Economics
4. Critically evaluate the New Product Development process.
In: Economics
A company is considering of a new product line that is believed to be marketable for the next 10 years. An initial investment of $215,000 will be required with an estimated salvage value of $40,000 at the end of 10 years. The annual receipts will start at $53,000, the first year and then increase by $2000 each year thereafter. Disbursements will start at $21,000 the first year and increase by $500 each year thereafter. What is the prospective rate of return of this proposal?
In: Finance
The nurse is working with a new client at the community clinic. The client is a 59-year-old African American female. The client’s mother was diagnosed with coronary artery disease at the age of 60. The client has a sedentary job but walks for 30 minutes every day on the weekend. Her waist circumference is 38 inches (96.52cm). Her blood pressure on this visit is 140/90 mm Hg. She stopped smoking six months ago.
Laboratory results are:
The nurse establishes a NANDA -I nursing diagnosis of Deficient Knowledge related to coronary artery disease.
Initial Discussion Post:
Develop a teaching plan that addresses one of the client’s risk factors for coronary artery disease.
The teaching plan should consider cultural influences and must include:
In: Nursing