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Economies of scale may arise from all but one of the following. Which one is it?
a) spreading the fixed-costs of administration over more customers holds average costs down.
b) doubling promotional expenses to expand sale more that proportionately.
c) government economic subsidies protect firms from competition to avoid losses.
d) having a larger retail space can expand sales more that proportionately.
Promoters of a major college basketball tournament estimate that the demand for tickets on the part of adults is given by Qad = 5,000 ? 10P, and that the demand for tickets on the part of students is given by Qst= 10,000 ? 100P. The promoters wish to..
Aerotron Electronics is considering purchasing a water filtration system to assist in circuit board manufacturing. The system costs $42,000. It has an expected life of 7 years at which time its salvage value will be $8,500. Operating and maintenance ..
Define institutions in the context of business strategy, and explain the role of institutions when considering entering a foreign market. Explain the role of culture in how these institutions are shaped. Provide at least one example of a country wher..
What information would you use to make predictions about the economic demands and probable settlement for a particular union-management negotiation?
Moldovan authorities declared not only once that y want to sign an agreement with IMF that would not envisage Moldovas financing. Can fund accept such a scenario.
how does each shrimp producer react to the increase in price? A. Each producer decreases its production of shrimp. B. Each producer increases its production of shrimp.
In the context of share holder maximization model of a firm, what is the expected impact of each of the event on the value of the firm?
What is the definition of "First Best", "Second Best", etc. in contract theory? Especially, what is the difference between "First Best" in contract theory and "ex-post efficient" in mechanism design?
George W. Bush was elected president in 2000 and his administration conducted fiscal policy together with the monetary policy conducted by the Fed responding to the recession. Although the fiscal policy conducted by the Bush administration successful..
How to use Solow growth model to explain the long run effect of raising the saving rate on capital per worker ad output per worker. Start with an initial steady state and show the new steady state on the graph. Label the graph properly.
Fill in the column "Society's willingness to pay." Then draw a graph of society's demand for the public good.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
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