A newsvendor acquired 600 copies of a newspaper in the morning, sold 465 of them and then disposed of the rest of the newspapers at the end of the day, for a disposal fee. The costs of underage and overage are cu = $2.12 and co = $1.70, respectively. How much profit did the newsvendor earn?

Amachine purchased three years ago for $720,000 has a current book value using straight-line depreciation of $400,000: its operating expenses are $60,000 per year. a replacement machine would cost $480,000, have a useful life of nine years, and would require $26,000 per year in operating expenses. it has an expected salvage value of $130,000 after nine years. the current disposal value of the old machine is $170,000: if it is kept 9 more years, its residual value would be $20,000. calculate the total costs in keeping the old machine and purchase a new machine. should the old machine be replaced?

Which of the following is the term for something that you can't live without 1. need 2. want 3. good 4. service

When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable