Economics homework help

ECON 123 Capital Budget

A quaint but well-established coffee shop, the Hot New Cafe, wants to build a new cafe for increased capacity. Expected sales are $800,000 for the first 5 years. Direct costs including labor and materials will be 50% of sales. Indirect costs are estimated at $100,000 a year. The cost of the building for the new cafe will be a total of $750,000, which will be depreciated straight line over the next 5 years. The firm's marginal tax rate is 37%, and its cost of capital is 12%.

MULTIPLANT ECONOMICS OF SCALE

Multiplant economies of scale have changed the American business landscape for the past 30 years.

 Discuss the impact of such plants and compare their economies of scale with small businesses in your own hometown. In your discussion, provide a specific example of a company that has been able to bring about these multiplant changes and its impact on the local economy.

PRICE ELASTICITY ON DEMAND

You are the city manager and need to improve the total revenue of the services provided to the area residents. Your services include water, garbage collection, and electricity.

 You are well aware of the inverse relationship between prices charged by the city and the level of these services used. Using the elasticity concept explain, in detail, how you would go about raising the city’s revenue from these services.

 Provide any graphics or other visuals to support your answer.

Intercultural Communication

 Geert Hofstede is one of the leading experts on intercultural communications. Use the website, http://www.geert-hofstede.com/hofstede_dimensions.php, to compare your home culture with another culture that interests you. Write a 4-6 paragraph essay describing the key differences between the two cultures and how those differences might impact your communications. Consider as many of the components of the communication process and

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