Tina is the sole owner of tina's lawn mowing, incorporated (tlm). in one year, tlm collects $1,000,000 from customers to mow their lawns. tlm's equipment depreciates in value by $125,000. tlm pays $600,000 to its workers, who pay $140,000 in taxes on this income. tlm pays $50,000 in corporate income taxes and pays tina a dividend of $150,000. tina pays taxes of $60,000 on this dividend income. tlm retains $75,000 of earnings in the business to finance future expansion. how much does this economic activity contribute to gdp, nnp, national income, compensation of employees, proprietors' income, corporate profits, personal income, disposable personal income?

Suppose general motors demands labor according to the labor demand function 푤푤= 40−0. 5퐸퐸, where 푤푤 is the hourly wage and 퐸퐸 is the number of employees. the united auto workers union has a utility function given by 푈푈=푊푊∗퐸퐸. a.in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b.if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?

Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?