A company owns a 5-year-old turret lathe that has a book value of $20,000. The present market value of the lathe is $16,000. A new turret lathe can be purchased for $45,000. Using an outsider’s point of view, what is the first cost of keeping the old lathe? a. $29,000 b. $45,000 c. $20,000 d. $16,000.

What is the most important question to consider when determining whether a person is an employee or an independent contractor? Multiple Cholce Who supplies the tools necessary for the job? What skill is required for the Job? How long will the job last? What degree of control does the employer maintain?

Which is NOT a reason for a supplier to offer trade credit to a manufacturer? a. To increase the market share b. To increase the available working capital c. To benefit from dynamic discounting d. To decrease the cash conversion cycle

Business Selling Price Total Sold Cost of Goods Sold Sales Profit First Aid Kits 28.95 25 400 723.75 323.75 Leg Casts 50 10 300 500 200 Rubbing Liniment 12 5 5 60 55 Resuscitators 70 2 130 140 10 Sun Burn Ointment 25 25 1000 625 -375 Question #1 Economists are always calculating the costs and the benefits of alternatives. Economic profit, as distinct from the accounting profit you calculated in question 1, is the additional profit that is earned by choosing the best, rather than the second best, profit opportunity. Profit maximizers should always calculate economic as well as accounting profit. What is the economic profit you would receive if you decided to purchase the business's best profit maker?

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

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Explain the companies often use this formula to determine how much of a certain item to order: Q = √ ____ ____ 2DS H where Q = order quantity D = annual demand S = ordering cost H = annual holding cost per unit If annual demand is 400 units, ordering cost is $36, and annual holding cost is $2 per unit, what is the order quantity?

Worse than useless Europe's Emissions trading Scheme (ETS) has too many carbon emission permits trading at too low a price. Source: The Economist, January 25, 2014 Under what conditions would the ETS, a cap-and-trade system, reduce carbon emissions to the efficient quantity. Use a graph to illustrate your explanation. Also, show the outcome of issuing too many permits. The efficient quantity of emissions would be produced if the quantity of permits was set such that_ price O A. carbon emissions were eliminated; equal to marginal benefit OB. marginal private cost of electricity equals marginal benefit; above marginal external cost OC. marginal private cost of electricity equals marginal benefit; equal marginal external cost OD. marginal social cost of electricity equals marginal benefit; equal to marginal external cost OE. marginal social cost of electricity equals marginal benefit; below marginal external cost The graph shows the market for electricity production in the European Union…

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The profit maximizing price per ton of moving freight would be $[blank] The deadweight loss from setting a profit maximizing price per trip would be $[blank]? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.