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Let's assume that you own a fast food restaurant and you are faced with many customers each day eating in the restaurant without any tables. Describe the difference between the short and long run in the example to bringing about more tables for the customers. How is the restaurant able to differentiate between the short and long run?
There is a loan for 5,00 dollars with interest of 8 % annually. There is another way to repay the 5,000 dollar by making 4 annual payments of 1,000. Then what would the 5th payment be?
Apply the coefficient-of-variation decision criterion to these alternatives to find out which is preferred by the angel investor, assuming that he/she is risk-averse.
The size of the labor force in a community is 500, and 400 of these folks are gainfully employed. In this community, 100 people over the age of 16 do not have a job.
Matt was the agency manager at Bobs Insurance's Los Angeles office. He was employed as an at-will employee, and his contract did not specify any fixed duration of guaranteed employment.
find the quatanties of capital and labor that maximize output,while at the same time satisfy the firms budget constraint. what will happen to the firms output if the budget is raised by 100?
Find examples in current news publications of the strategic responses of individual businesses to changes in currency exchange rates. Are these firms adapting to the changing international environment, or are they engaged in political action to tr..
How much Wyandotte have to decrease the price of polyol to attain a 15% increase in the quantity sold.
If income rises from 1000 to 1800 and consumption rises from 1100 to 1700 the marginal propensity to save.
How big should hash table be to ensure a mean hash chain length of less than 1. Assume that hash table size is a power of two.
Over the last year your boss has noticed that it would be useful for your firm to understand how consumers behave when variables in the market change and how these changes affect the total revenue for your product. You have been asked to do an analys..
Describe how each of these activities affects government households as well as businesses.
Evaluate the effect of each of these four changes on demand based on the estimates provided and what is the net effect of all the changes taken together
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