Firm XYZ sells calculators. It operates in a plant worth $2,500,000 and maintains production equipment worth $4,000,000. Currently, it has 150,000 calculators in reservedinventory that it plans to sell next month to retail stores for $50 each. Its board of directors has $1.50 million in government bonds and $105,000 in savings for use as payrolland emergency funds. In addition, XYZ employs several workers whose collective worth in terms of skill and knowledge is equal to $305,000.The capital stock of firm XYZ is S. (Enter your response rounded to the nearest dollar.)

Given, A firm XYZ produces and sells calculators Plant worth = $2,500,000 Worth of plant…

Answered: of firm XYZ is S (Enter your response…

Business

Economics

of firm XYZ is S (Enter your response rounded to the nearest dollar.)

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter13: best-practice Tactics: Game Theory

Section: Chapter Questions

Problem 14E

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Question

Firm XYZ sells calculators. It operates in a plant worth $2,500,000 and maintains production equipment worth $4,000,000. Currently, it has 150,000 calculators in reserved
inventory that it plans to sell next month to retail stores for $50 each. Its board of directors has $1.50 million in government bonds and $105,000 in savings for use as payroll
and emergency funds. In addition, XYZ employs several workers whose collective worth in terms of skill and knowledge is equal to $305,000.
The capital stock of firm XYZ is S. (Enter your response rounded to the nearest dollar.)

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