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Presently, AFC has on its medical staff 10 doctors and 10 nurses. The daily wage of a doctor is $600, whereas a nurse is paid only $200 a day.
a. Is the mix of doctors and nurses the clinic is presently using optimal? Explain.
b. Suppose the clinic wishes to expand its operation. Would you recommend that the clinic increase the numbers of its nurses and doctors equally? Explain.
Compute total revenue, total cost also profit at each quantity. Illustrate what quantity would a profit-maximizing publisher choose. Illustrate what price would it charge.
What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved.
q1. determine whether the justice department would challenge a merger between two firms in an industry with 10
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find out the annual prices of oil for the past 5 years. By what percentage is the current price higher or lower than 5 years ago.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
1. what does gross domestic product gdp tell us? how did gdp change from 2008? what caused these changes? what is real
Using the method of Lagrange multipliers to derive Sharifah's demand for brownies and espressos. Explain how many brownies and espressos will Sharifah consume.
The marginal revenue received by a firm in a perfectly competitive marketplace is illustrating what
Expansionary monetary or fiscal policy would most likely be effective in reducing which type of unemployment? .Frictional unemployment
q1. if american cheese also cheddar cheese are substitute afterward which of the following would increase the demand
Illustrate what is the probability the driving distance for one of these golfers is less than 290 yards. What is the probability the driving distance for one of these golfers is at least 300 yards.
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