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1.Your supervisor recently instituted a plan that encourages her managers to share non private demographic characteristics voluntarily provided by those who buy your company's final product. Since the plan was implemented, the same amount of voluntary information is being collected by each manager, however, the supervisor is surprised to find that less information in total is available than before the plan was instituted. What is likely causing the plan to fail? Explain using our material.
3. The Kansas Board of Public Utilities is a privately owned company that is the sole supplier of water to Kansas City, KS. The owner of the firm has provided the manager of the company an incentive to maximize the firm's profits, and the manager is currently selling 100,000 gallons of water per week at a price of $.05 per gallon. The marginal cost of water is zero, but the firm's average cost of this level of output is $.01 per gallon. Calculate the company's profits, and show your calculations
At several universities and colleges, business professors receive higher salaries than professors in others fields. Why might this be the case?
Assume long run production for the company is indicated by, Compute the firm's optimal amount of capital and labor.
American Linen is a company that has multiple salespersons. In 2008, it changed the compensation method for its sales force, moving from a system of fixed wages to one of base wage plus charge.
MNCs have business units in different geographic areas. This leads to interaction in different languages and cultures.
Mid-Atlantic Cinema, runs a chain of movie theaters in east central states and has enjoyed great success with a Tuesday Night at the Movies promotion.
List three characteristics of an economists, a scientist and thee characteristics of an economist as a policy adviser.
Now that many businesses have upgraded to an online platform, are paper catalogs a thing of the last? Let's look at this from both sides of the table, both the customers and the manager.
The organization and coordination of the activities of a business in order to achieve defined objectives.
A company has the following short run demand and cost schedule for a particular product: Calculate the total profit or loss this firm would make
Using the data in the following table, Complete the last two columns by replacing the * with the correct values and create the following curves in one chart.
Draw the individual cost curves on one graph: marginal cost, average total cost, average ?xed cost, and average variable cost. Place costs ($) on the y-axis and quantity (Q) on the x-axis.
Dell Computer Corporation, the world's biggest personal computer maker, is keenly aware of everything its rival PC manufacturers decide to do.
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