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A company has three plants: a, b, and c, and there are two major distribution centers, d and e. In the current quarter, factories a, b, and c have the capacities 1,000, 1,500, and 1,200 units, respectively. The demands of distribution centers d and e are 2,300 and 1,400 items, respectively. The transportation is conducted by truck at the cost of 8 cents per item per kilometer. Design a transportation problem to minimize transporta- tion costs. The distances are listed (in kilometers):
d
e
a
80
215
b
100
108
c
102
68
Discuss the contributions to the "human side of enterprise" as articulated by Elton Mayo, Chester Barnard, Abraham Maslow, and Douglas McGregor. How does this organizational theory school of thought differ from the classical and neoclassical schoo..
a firm in a purely competitive industry is currently producing 1000 units per day at a total cost of 450. if the firm
Another group of economists, those who hold to the quantity theory of money, believe that V (the velocity of money) is predictable and otherwise unchangeable and that Q (the quantity of goods and services produced) is steady. Is their view of the eco..
crown cinema recently increased the price of a movie ticket by 5. as a result attendance dropped by 8. based on this
could someone with moderate industry-specific knowledge but low competency in business skills be successful as an
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The largest source of household income in the U.S. is obtained from - Real gross domestic product is best defined as
suppose you are in charge of u.s. fiscal policy. the economy is in recession. based on what youve learned in this
Suppose that a firm"s production function is q = 9X1/2 in the short run, where there are fixed costs of $1000, and x is the variable input whose cost is $4000per unit. What is the total cost of producing a level of output q? In other words, identify ..
Describe how free market features could be introduced to help alleviate the problem
suppose that a firm is currently charging 45 for its product. the firm knows that its marginal cost of producing the
These multiple choice questions are relates to Economics. The first question is about what is not rent-seeking behavior and the second question is about what happens when new firms enter a competitive market.
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