Acompany manufactures two types of electric hedge trimmers, one of which is cordless. the cord-type trimmer requires 2 hours to make, and the cordless model requires 4 hours. the company has only 800 work hours to use in manufacturing each day, and the packaging department can package only 300 trimmers per day. if the company profits for the cord-type model for $24.50 a
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Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.
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Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?
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Acompany manufactures two types of electric hedge trimmers, one of which is cordless. the cord-type...
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