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For three years in a row, income among consumers has increased. Alexander Machine Tool has had sales increases in each of these three years. Does Alexander Machine Tool produce inferior or normal goods? Forecasts predict that income will continue to rise in the future. Should Alexander Machine Tool anticipate that demand for its products will continue to rise? Explain.
ABC corporation is a holding company with three subsidiaries. The following information pertains to these subsidiaries:
Under what circumstances would a rise in income tax act as:
Why do developed countries experience a degree of convergence over time? Would you expect there to be total convergence of GDP per head?
Calculate the unit contribution margin and contribution margin ratio for each birdbath sold - Morning Dove's utilities and maintenance costs are mixed with the fixed components shown in parentheses.
1 how does capital investment affect the marginal physical product of labor? does more college education have the
If the company is currently charging $4 a gallon, is it maximizing profit? If so, prove it. If not, find out the price that maximizes its profit, and compare the profits at the two prices.
Discuss the expected lobbying behavior of lawmakers from timber producing states (Montana and Alabama), the National Association of Homebuilders, and U.S. lumber companies (for instance, Georgia Pacific).
If Canon needs to supply 60,000 units of cameras per month, how many workers and machines should it optimally employ? What are the total cost and average cost of producing the quantity given in (a)?
Based on predatory pricing theory, the predatory company sets price below marginal cost, the relevant cost of production. Competitors must then lower their prices below marginal cost,
Now that many businesses have upgraded to an online platform, are paper catalogs a thing of the last? Let's look at this from both sides of the table, both the customers and the manager.
Price comparison services on the Internet are a popular way for retailers to promote their products and a convenient way for customers to simultaneously obtain price quotes from many firms setting I identical product.
What is the price elasticity of Zenvox's demand function at the price and quantity derived in part (a)? Explain what this value means in words.
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