1. Suppose that the market for milk is a competitive market and can be described by the following demand and supply curves: D = 1,400 – 400P S = 400P – 200 Where P = price per litre of milk Calculate the equilibrium price and quantity of milk and draw a diagram to illustrate your […]

It is determined that a mobile application needed to support the Sales, Marketing andFinance departments will cost $60,000. The Sales department has 20 employees and allemployees will need the application. Likewise, all 10 of the Marketing departmentemployees will need the application. Only 1/3 of the Finance department is interested inthe mobile application. The Finance department […]

Economics 550 – Managerial Economics Demand Estimation Imagine that you work for the maker of a leading brand of low-calorie, frozen microwavable food that estimates the following demand equation for its product using data from 26 supermarkets around the country for the month of April. For a refresher on independent and dependent variables, please go […]

The Lean concept:A) was developed by the JapaneseB) was operational at Henry Ford’s complex in the 1920’C) is a production planning and control systemD) Is an inventory control systemE) All of the aboveJIT systems typically use layouts which:A) are based on processing requirementsB) Enable moving parts in large lotsC) Facilitate handling dissimilar productD) All of […]

Often the Federal Reserve Bank seeks to keep inflation in check while considering the economy’s growth rate; how should the Federal Reserve Bank have responded to ATM’s and other financial innovations of the mid to late 1970s when projecting money growth? Think in terms of Velocity.

Heines Clocks is a retailer of wall, mantle, and grandfather clocks and is located in the Empire Mall in Sioux Falls, South Dakota. Assume that a grandfather clock was sold for $19,000 cash plus 5 percent sales tax. The clock had originally cost Heines $15,000. Assume Heines uses a perpetual inventory system. How can I […]

Can someone explain why temp.setNext(current.getNext()); has been used I am not understanding public void add(Object data, int index) // post: inserts the specified element at the specified position in this list. { Node temp = new Node(data); Node current = head; // crawl to the requested index or the last element in the list, // […]

Accounting for Bonds using Amortized Cost Measurement Based on the Historical Market Interest RateO’Brien Corporation issues $8,000,000 face value, 8% semiannual coupon bonds maturing in 20 years. The market initially prices these bonds to yield 10% compounded semiannually. O’Brien Corporation accounts for these bonds using amortized cost measurement based on the historical market interest rate.See […]

Shelley is the sole shareholder and president of Zeth Corporation (a C corporation). She feels she is entitled to a $220,000 bonus this year because of her performance. However, rather than a bonus in the form of a salary, she plans to have Zeth pay her a $220,000 dividend. Because Shelley’s marginal tax rate is […]

DQ 1Rebuttals and Refutations (graded)Anticipating readers’ objections is one way to determine what other sections to include and support in your paper. Practice writing a rebuttal or a refutation by taking your thesis and considering the point of view of someone who believes differently or even the opposite of the argument you are making. To […]