Briggs excavation company is planning an investment of $132,000 for a bulldozer. the bulldozer is expected to operate for 1,500 hours per year for five years. customers will be charged $110 per hour for bulldozer work. the bulldozer operator costs $28 per hour in wages and benefits. the bulldozer is expected to require annual maintenance costing $8,000. the bulldozer uses fuel that is expected to cost $46 per hour of bulldozer operation.

Why has the free enterprise system been modified to include some government intervention?

Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs