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You were recently hired to replace the manager of the Roller Division at a major conveyor-manufacturing firm, despite the manager's strong external sales record. Roller manufacturing is relatively simple, requiring only labor and a machine that cuts and crimps rollers. As you begin reviewing the company's production infomration, you learn that labor is paid $8 per hour and the last worker hired produced 100 rollers per hour. The company rents roller cutters and crimping machines for $16 per hour, and the marginal product of capital is 100 rollers per hour. What do you think the previous manager could have done to keep his job?
The Fed should simply raise the money supply at same rate that full employment economy increase, and the government should desist from any stabilizing urges.
Say if the following statement is true or false and why-Exports depend only on the demand of foreign countries for our products and therefore our exporting
Explain when an economy ever pursue a contractionary fiscal policy.
If there is an increase in the government budget deficit _______. the demand for loanable funds will increase, interest rates will increase, and the amount of borrowing will increase, the demand for loanable funds will decrease, interest rates will d..
Describe the economic causes also consequences of environmental devastation and its impact on achieving sustainable growth and development.
Is the compensation scheme at your present place of employment consistent with a reasonable solution to the agent principal problem?
Suppose a hedge is desirable, what hedging techniques are available to the treasurer and what are the advantages and disadvantages of each.
Illustrate what role does economics play in your personal decisions and or those of your organization.
A monopolist currently charges $50 a unit for the 100,000 units of product it produces and sells every month. An economic analysis has shown that,
Mention four key points from the reading assignments that were emphasized in the simulation. Find out how price elasticity of demand affects the decision making of the consumer and of the organization.
Illustrate what assumptions is the theory based, and how plausible are these assumptions.
Compute the trucks net book value at the end of its third year of use under each depreciation method.
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