Q: market basket of goods used to compute the CPI C 10 units of clothing. Food $4 $6 Clothing $10 2002…
A: A consumer price index is a price index, the price of a weighted average market basket of consumer…
Q: With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50.…
A: Here, given information is: Fixed cost: $400 ATC: $3 AVC: $2.50 To find: output
Q: 0 A) A and B B A and C B C) A and D LRAS Y₁ SRAS, SRAS₂ Refer to Figure 13-3. Which of the points in…
A: The term "short run" refers to the time frame within which a company can experiment with altering…
Q: To understand the differences in global trade operations in comparison to those carried out between…
A: In the business environment the globalization and nationalization are often considered being…
Q: Use the consumption function shown to answer the following questions. At what level of income is…
A: Consumption + Savings = Income Consumption Function: C = a + bY Where a is autonomous consumption…
Q: Refer to Figure 13-1. Ceteris paribus, a decrease in personal income taxes would be represented by a…
A: The government levies a system of taxes called personal income tax on the money that people make.…
Q: The Consumer Price Index... Group of answer choices Measures the change in the cost of living for a…
A: CPI is the consumer price index. Cost of basket is the basket quantity multiplied by the price of…
Q: A positive technological change will Group of answer choices shift the per-worker production…
A: A positive technological change will Group of answer choices shift the per-worker production…
Q: Production possibility frontiers are thought to be concave from the origin (bowed out) because: A.…
A: The maximum output of two goods utilizing a certain quantity of input is measured using an economics…
Q: On December 31, 2021, Annie bought a fitness center with exercise equipment and a building worth…
A: On December 31, 2021, Annie bought a fitness center with exercise equipment and a building worth…
Q: on Which of the following statements is true? Select one: Oa. Microeconomics studies consumer…
A: Microeconomics is the term used for the individual households. Macroeconomics is the term used to…
Q: What is the elasticity of demand at Q = 500 when the demand equation is P = 1000 - Q? Recall that,…
A: Elasticity measures the responsiveness of quantity demanded with respect to the price of the…
Q: ou are an economist for the City Subway Commission. Presently, the price of a subway ride is 80…
A: What is price elasticity of demand? Price elasticity of demand is the ratio of the percentage change…
Q: Use the table below for the following 2 questions Nominal GDP Year Year 3 YEAR 4 $5000 $6,600 A.…
A: Real GDP = Nominal GDP/ GDP deflator × 100 GDP deflator shows the change in price level.
Q: In the Keynesian IS-LM model, holding all other things constant, an increase in government spending…
A: Keynesian Model A Keynesian macroeconomic model is represented graphically by the IS-LM model.…
Q: How does inequality affect the developing countries? (Example The Philippines)
A: In economics the inequality refers to an unequal distribution of opportunity as well as income among…
Q: Describe planned, market and mixed market economies.
A: An economy is a collection of interconnected production and consumption processes that ultimately…
Q: 4. Inflation benefits people who a. lend at fixed interest rates. c. save at fixed interest rates.…
A: We know that if inflation increases then the purchasing power of money decrease. Also, the real…
Q: . Michael Porter’s Diamond Model comprises FOUR major elements. With the use of examples, briefly…
A: 3) Michael Porter's diamond model states that there exist certain factors that cause competitive…
Q: ANNUAL WORTH ANALYSIS-THEN AND NOW Background and Information Mohamad, owner of an residential…
A: As per Bartleby policy, only the first three subparts are answered, if you want any specific part to…
Q: With respect to the economy depicted in the graph below: a b C Price Level (P) d P₁ Select an answer…
A: Here, in the given graph, it can be seen that short-run equilibrium real output is $800 with the…
Q: The rate of return to bonds should be near equal to the equilibrium interest rate in the credit…
A: The equilibrium interest rate arises at a point where the quantity of money demand is equal to the…
Q: A company intended to sell a high end refrigerator which included French doors, external water and…
A: Business liability insurance insures companies against losses they incur as part of their business…
Q: The insured has failed to respond to recommendations to correct the elimination of existing hazards…
A: Economic agents have constant consumption demand which is fulfilled through the production of goods.…
Q: Economics The presence of co-insurance has the following effect on price elasticity of demand: a.…
A: When talking about co-insurance, it can be said that it is the amount of money paid by an insured…
Q: Economics The presence of co-insurance has the following effect on price elasticity of demand: a.…
A: While discussing co-insurance, one might say that it is the amount of money paid by an insured…
Q: Question Match the term to its correct definition. Column A 1. 2 3. 4. 5. 6. O a b nt) What happens…
A: a) Column A shows terms of International trade , which are defined in column B.
Q: In the graph you've just made, what is the level of private saving when the government has a $1…
A: Private savings is that amount of income which is left for consumption after taxes. Private savings…
Q: Athos, Porthos, and Aramis each like to take fencing lessons. The price of a fencing lesson is $10.…
A: Shopper excess is characterized as the distinction between the customers eagerness to address and…
Q: An insured is injured while robbing a bank. If the insured's Accident and Health policy contains an…
A: We know that, The person who obtains insurance on his own possessions. It is the insured's…
Q: Are there certain small businesses (or industries) that would not benefit from going global?…
A: The benefits of focusing on local markets are undeniable. The networks there actually support the…
Q: QUESTION 1B. Continuing with the inverse demand, P = 50 - Q, if each firm has a marginal cost of 0,…
A: Cournot competition is an economic model used to describe an industry structure in which companies…
Q: Suppose GDP is $8 trillion, taxes are $1.5 trillion, private saving is $0.5 trillion, and public…
A: Introduction: In the question, it is given that the gross domestic product is $8 trillion, taxes are…
Q: Define economics and describe the two types of economic systems: capitalism and command economy.
A: Economics refers to social science dealing with the generation, distribution, and the consumption of…
Q: a. If a large increase in investment increases labor productivity, explain what happens to: i.…
A: Investment and productivity have a positive link at the macro level, thus it seems sense to assume…
Q: Maintenance cost for small bridge with an expected 50 year life are estimated to be $15,000 each…
A:
Q: The following is a table of the lawn mowing business. Look at the table below and answer some of the…
A: Profit maximizing conditions and firm supply decisions in a perfectly competitive market is P=MC The…
Q: Which of the following states the definition of supply? Group of answer choices There is a negative…
A: The law of supply is a fundamental economic concept that describes the total amount of a specific…
Q: What is the relationship among the AD, SRAS and LRAS curves when the economy is in macroeconomic…
A: AD is the aggregate demand SRAS is the short run aggregate supply LRAS is the long run aggregate…
Q: Refer to Figure 13-2. Ceteris paribus, an increase in the number of workers and firms adjusting to…
A: The price level is the average of current prices across an economy's entire range of goods and…
Q: 4) The sum of the present value of 1 paid at the end of n periods and 1 paid at the end of 2n…
A: The total of future investment returns discounted at a specific level of rate of return anticipation…
Q: A manufacturing company produces solar panels. The variable costs are $20 per unit and fixed costs a…
A: The revenue is defined as the total income a business receives from selling a good or service to its…
Q: The interest rate is 6 percent a year and you expect to receive $1,000 next year and the following…
A: Given Rate of interest =6% per year First-year end, we expect to receive $1000 and the following…
Q: Which of the following statements is a characteristic of EX-Work a. The seller bears all risks and…
A: The characteristics of EX work is that the buyers takes the full responsibility of the shipment from…
Q: Draw an isoquant representing Y = 140 for each of the following ca and K denotes units of capital.…
A: Production function represents the relationship between the output and inputs.
Q: 2. For the Income-Consumption Line & Engel Curve: (kindly place Good A on the X-axis & Good B on the…
A: Here we are given the information related to consumer's budget. Using this budget and the…
Q: 1. Suppose a person's utility is equal to U = VY and the initial income is $80,000. Medical expenses…
A: Here we are given the uncertain scenario and consumer's hence consumer's income also depends on this…
Q: 5. Problems and Applications Q5 Nick owns a water pump. Because pumping large amounts of water is…
A: Supply curve is the graphical representation of supply schedule. Supply schedule is the tabular…
Q: 1. What is the equilibrium price and quantity based on the following demand and supply equations?…
A: As per our policy, only the first three parts are solved, if you want other parts please repost and…
Q: brium price will ablished. develops at the original price. and equilibrium quantity will as a new…
A: Supply A basic economic notion called supply refers to the total amount of a particular commodity…
Step by step
Solved in 2 steps
- An asset costs $150,000 and has a salvage value of $15,000 after 10 years.What is the depreciation charge for the 4th year, and what is the book value atthe end of the 8th year with(a)Straight-line depreciation?(b)Double declining balance depreciation?What is the Book value of an equepment purchased four years apo for$100,000, a sakage valuo of$20,000, and a expected Hfo of 10 yeara if it is depreciated using the MACRS method? A. $17280 b$46,080 c.$51,240 d.$ 31,240A special-purpose machine tool set would cost $20,000. The tool set will be financed by a $10,000 bank loan repayable in two equal annual installments at 10% compounded annually. The tool is expected to provide annual (material) savings of $30,000 for two years and is to be depreciated by the MACRS three-year recovery period. The tool will require annual O&M costs in the amount of $5,000. The salvage value at the end of the two years is expected to be $8,000. Assuming a marginal tax rate of 25% and MARR of 15%, what is the net present worth of this project? PLEASE USE THE FOLLOWING EQUATION TO SOLVE
- A special-purpose machine tool set would cost $20,000. The tool set will be financed by a $10,000 bank loan repayable in two equal annual installments at 10% compounded annually. The tool is expected to provide annual (material) savings of $30,000 for two years and is to be depreciated by the MACRS three-year recovery period. The tool will require annual O&M costs in the amount of $5,000. The salvage value at the end of the two years is expected to be $8,000. Assuming a marginal tax rate of 25% and MARR of 15%, what is the net present worth of this project?A special-purpose machine tool set would cost $20,000. The tool set will be financed by a $10,000 bank loan repayable in two equal annual installments at 10% compounded annually. The tool is expected to provide annual (material) savings of $30,000 for two years and is to be depreciated by the MACRS three-year recovery period. The tool will require annual O&M costs in the amount of $5,000. The salvage value at the end of the two years is expected to be $8,000. Assuming a marginal tax rate of 25% and MARR of 15%, what is the net present worth of this project? The net present worth of the project is $ thousand.A process plant making 5000kg /day of a product selling for $1.75 per kg has annual directproduction costs of $2 million at 100 percent capacity and other fixed costs of $700,000. What isthe fixed charge per kg at the break-even point? If the selling price of the product is increased by10 percent, what is the dollar increase in net profit at full capacity if the income tax rate is 35percent of gross earnings?
- Calculate Lopez Enterprises' gross profit at a CFAT of $2.5 million, $900,000 in expenses, $900,000 in depreciation costs, and a 26.4% effective tax rate.PLEASE ANSWER LETTER (d.) The Alpha Drug Company has just purchased a capsulating machine for ₱2,000,000. The plant engineer estimates that the machine has a useful lifeof five years and a salvage value of ₱ 25,000 at the end of its useful life.Compute the depreciation schedule for the machine by each of thefollowing depreciation methods: d. double declining balance method of depreciationThe Harris Foundry Company purchased newcasting equipment in 2010 at a cost of $190,000. Harris also paid $25,000 to have the equipment deliveredand installed. The casting machine has an estimateduseful life of 10 years, but it will be depreciated withMACRS over its seven-year class life.(a) What is the cost basis of the casting equipment?(b) What will be the depreciation allowance in eachyear of the seven-year class life of the castingequipment?
- The first cost of a machine is P1,800,000 with a salvage value of P300,000 at the end of its life of 5 years. Determine the total depreciation after 3 years. Constant Percentage Method ans:P1,185,769.76Thank you A drilling machine was acquired by Western Harverster Co at a cost (B) = $50,000 with a 5-year recovery period and salvage value S =$10,000. What is the depreciation in year 3 using MACRS? Using MACRS, what fraction of the initial $50,000 will be cumulatively depreciated by the end of year 3? If MACRS depreciation is used, what is the Book Value at the end of year 2?You purchased a molding machine at a cost of $88,000. It has an estimateduseful life of 12 years with a salvage value of $8,000. Determine the following·:(a) The amount of annual depreciation computed by the straight-line method.(b) The amount of depreciation for the third year computed by using the double-declining-balance method.