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Richard Dulski’s firm is about to bid on a new radar system. Although the product uses new technology, Dulski believes that a learning rate of 80% is appropriate. The first unit is expected to take 720 hours, and the contract is for 45 units.
What is the total amount of hours to build the 45 units?
What is the average time to build each of the 45 units?
Assume that a worker works 2,100 hours per year. How many workers should be assigned to this contract to complete it in a year?
Calculate the four combinations of outputs of corn and rice for these 4 plans.
Both antitrust policy and industrial regulation deal with monopoly. Illustrate what distinguishes two approaches. Explain how does government decide to use one form of regulation rather than.
A man went to his bank and borrowed $750. He agreed to repay the sum at the end of three years, together with the interest at 12% per year, compounded annually. How much will he owe the bank at the end of three years?
q1. old economy traders opened an account to short sell 1300 shares of internet dreams at 46 per share. the initial
How many tickets to sell to maximize total welfare.
Demand for good X has been estimated at Qxd = 12-3Px+4Py. Suppose that good X sells at $2 per unit and good Y sells at $1 per unit. Calculate the own price elasticity.
Calculate total economic surplus under monopoly also competition. The difference is the social cost of monopoly
There is some evidence that during the 4th century in the Roman empire, public officials were paid in kind or “in equivalent prices”, instead of coins. What can be inferred from this?
Most industrial farms hire migrant workers, so the market for such workers is reasonably taken to be perfectly competitive. Suppose that all farms individually have a short-run elasticity of labor demand of –0.5. Explain why the reduction in employme..
elucidate how the changes in the monetary policy effectiveness lag and the interest-rate multiplier affects how much and how long monetary policymakiers must change interst rates in response to any given demand shock.
Elucidate how an economist could utilize the slope of the yield curve to analyze the probability that a recession will occur and why the spread may matter.
Discuss two distinct ethical issues that you will need to understand and respect as your business expands into your selected country.
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