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Cost-Benefit Analysis

Economics of Health Administration

Cost Benefit Analysis Given the following information: UnitsQ Total Benefit B(Q) Total Cost C(Q) Net Benefits NB(Q) Marginal Benefits MB(Q) Marginal Cost MC(Q) MNB(Q) 100 1200 950 210 40 101 14

Make a Managerial Decision

Describe in economic terms a managerial decision....Should our company hire temporary workers or hire new workers to handle increase demand for our product? Should we buy a new machine or upgrade the old one? What is the optimal level of parts we should order and keep on the shelf? Should we lease or buy a car? Should we rent

Assess the profit potential using marginal analysis

How would a company's profitability in their toothpaste division would be impacted by an expansion. Assess the profit potential using marginal analysis. It is assumed that the toothpaste market is perfectly competitive and the current price of a case of toothpaste is $42.00. Estimated its marginal cost function to bas follows:

Linear Equations

In a college Residence A there are 320 students. In Residence A there are 1720 canned drinks consumed per week. In another residence, Residence B, there are 260 students who consume 1480 canned drinks per week. a.Calculate the linear function (equation) if drink consumption is a linear function of the number of students. b.

The Market Equilibrium: Marginal Social Benefit/Cost

Suppose the marginal social cost of television sets is $100. This is constant and equal to the average cost of television sets. The annual demand for television sets is given by the following equation: Q = 200,000 - 500P2. If television sets are sold in a perfectly competitive market, calculate the annual number sold. Under what

Calculating GDP and Net Exports

Given the following information: (all dollar amounts in trillions) Personal consumption expenditures $3.0 Net private domestic investment 1.4 Depreciation 0.2 Government purchases of goods and services 2.0 Exports

Profit maximizing

A monopolist has a constant marginal and average cost of $10 and faces a demand curve of Qd=1000-10P. Marginal revenue is given by MR=100-1/5Q. Calculate the monopolist's profit maximizing quantity, price, and profit.

Price Discrimination

2. This question is based on Figure 2. a. If the Bijou did not engage in 3rd degree price discrimination, then the price of a ticket would be $______ , there would be _______ kid patrons and ______ adult patrons and total revenue from the sale of tickets would be $_______. b. If the Bijou did engage in 3rd degree price d

Glade Company produces a single product.

Glade Company produces a single product. The costs of producing and selling a single unit of this product at the company's current activity level of 8,600 units per month are: Direct materials $ 3.10 Direct labor $ 4.00 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 5.25 Variable selling and

Appreciation & Depreciation

1. Show the effect of dollar appreciation and depreciation with the Euro on the price of US exports and imports by updating the table below: R = Euro/$ Domestic Price Jan 01: R = 1.06 Jan 02: R = 1.14 Effect on Exports (X) and Imports (M) U.S. exports: Televisions $1,000 U.S. imports: European cars Euro 25,000

Finance concept

I want to know well about the United States Of America accounting system, here is my concern: why "accrual" accounting is the best practice and why it should be used, what could be the possibly changes that the "accrual" accounting or the "cash basis" could bring into the financial statements.

Variable and Absorption Costing (Accounting)

Please see problem attached CompuDesk, Inc., makes an oak desk specially designed for personal computers. The desk sells for $195. Data for last year's operations follow: Units in beginning inventory 0 Units produced 9,900 Units sold 8,000 Units in ending inventory 1,900 Variable costs per unit: Direct materia

Break-Even Point.

Amazing Products distributes a single product, a woven basket whose selling price is $8.8 and whose variable cost is $6.6 per unit. The company's monthly fixed expense is $ 6,028. Requirement 1: Break-even point in unit sales. Requirement 2: Break-even point in sales

High-Low Method

Speedy Parcel Service operates a fleet of delivery trucks in a large metropolitan area. A careful study by the company's cost analyst has determined that if a truck is driven 131,000 miles during a year, the average operating cost is 12.4 cents per mile. If a truck is driven only 81,000 miles during a year, the average operating

Units Produced and Sold

Problem Attached. Note: Problem is accounting related. A partially completed schedule of the company's total and per unit costs over a relevant range of 70,000 to 110,000 units produced and sold each year is given. Complete the schedule of the company's total and unit costs below. (Round the "total costs" to the nearest

Economic Development Implications

A. What is a enterprise zones and explain the utilization of these zones by your chosen government and the state within which the government exists. b. Explain how the enterprise zones could be used to enhance the economic development implications of your policy issue. c. How can I perform a cost-benefit analysis of an econo

Choosing the best antipollution program

Which following antipollution programs should be undertaken by the government? Explain your answer? The following table shows the total costs and total benefits in billions for four different antipollution programs of increasing scope: Program Total Cost (in Billions) Total Benefit (in Billions) A-----------------

Microeconomics paper

I have never had to use this before, but I am running into dead ends.Please help me. I am working on a essay from questions for school and I need a little help. I have answered most of my paper, but I have 4 that I need help with. I have chosen Wal-Mart as the company to use in my paper. 1) Is this company operating in a perf

Marginal Cost and Marginal Revenues

Problem 1 Given the following total-revenue function: TR=9Q-Q(2) A)Derive the total, average, and marginal revenue schedules from Q=0 to Q=6 by 1's B)On the same set of axes, plot the total , average, and marginal-revenue schedules of part (a) c) Then draw on the same set of axes the marginal-revenue curve derived in p

A relation known with certainty is called a

Hi. Please find some multiple choice. Question 1 A relation known with certainty is called a: 1. statistical relation 2. multiple regression 3. deterministic relation 4. simple regression Question 2 Statistical analysis of economic relations focuses on the es

Economics - Cost-Benefit Analysis

3) A firm faces a demand function per day of P = 29 - 2Q And a total cost function of TC = 20 + 7Q a) Calculate the profit-maximizing price, output, and profit levels for this firm if it is not regulated. b) If regulators set the maximum price the firm may charge equal to the firm's marginal cost, what outpu

Fixed costs of the monopolist

2) A monopolist faces the following demand function for its product: Q = 45 - 5P The fixed costs of the monopolist are $12 and the monopolist incurs variable costs of $5.00 per unit. a) What is the profit-maximizing level of price and quantity for this monopolist? What will profits be at this price and output level? b)

Gordon Food Service Analysis

Need help with Gordon Food Service Price analysis 250 word paper based off the attached document following refined topical areas: a. Final recommendations 1) Price - 250 WORDS ONLY FOR THIS SECTION. 2) Production 3) Composition of inputs b. In your paper, address the following questions: 1)

Cost-Benefit Analysis of Pollution Control in Coal Mining

Appalachian Coal Mining believes that it can increase labor productivity and, therefore, net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing additional capital equipment is: MC = 40p Where P represents a reduction of one unit of pollution i

Interest rate and probability

Suppose a bank is faced with two types of borrowers (a high risk borrower that should be charged an interest rate of 9% and a low risk borrower that should be charged an interest rate of 4%). There is a 30% chance of getting a high risk borrower and a 70% chance of getting a low risk one. What is the expected interest rate tha

Net Present Value Analysis

NPV Analysis. Dallas Legal Services, Inc., is contemplating the purchase of additional computer hardware equipment and software programming. Financial analysis resulted in the following projections for a three-year planning horizon: Hard

Economics for Decision-Making

Task Name: Phase 3 Individual Project Deliverable Length: 6-8 slides with notes Details: The Board liked the analysis you did on valuation and agreed to proceed with the expansion plan. Your CFO, investment bankers, and consultants have all been working on the cost and benefits of various expansion options. They have agreed

Economics and Cost-Benefit Analysis

The following matrix shows the payoffs for an advertising game between Coke and Pepsi. The firms can choose to advertise or to not advertise. Numbers in the matrix represent profits; the first number in each cell is the payoff to Coke. (Numbers in millions.) Coke (rows)/Pepsi (columns) Advertise Don't Advertise Advertise