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1) A Manufacturing Company has hired an economist to evaluate its financial situation. She explains to the board of directors that the company is making zero economic profit. Should the company go out of business?
2) The boss observes that her 5 workers produce 8 couches a week. Conncluding that he can employ 10 workers and make 16 couches, 15 to make 24 couches, or 20 to make 32. Explain why this observation is either correct or incorrect.
what is the consumption function b. what is the equation of the AE curve c. calculate equilibrium expenditure
The type of planning conducted on a long-range basis by top managers is usually called
Elucidate the rationale and the implications of the new guidelines used by the Department of Justice and the Federal Trade Commission for evaluating proposed mergers.
What are the values of the output and the interest rate in 1999 when the money supply is 900? Sketch the AD curve and show what happens when the money supply is decreased below 900 in 1998.
British Airways Plc plans to set aside investment funds now for replacing 34 of the airline's aging long-haul fleet of Boeing 747s and 767s, which will be delivered 6 years from now. How much will the company need to have in its investment funded now..
Canada increased from 7,500 kg per month to 8,000 kg per month. Use calculated elasticity to comment on substitutability or complementarity of coffee and tea
the supply of paper is given by the following equationqs 5000p where qs is tons supplied per year and p is price ton.
Elucidate what economic, political, and cultural factors do HR managers need to consider when sending employees to work internationally.
what should it do to increase profit? If the firm is profit maximizing, is the firm in a long-run equilibrium? If not, what will happen to restore long-run equilibrium?
Suppose the value of the cpi is 1.100 in year one 1.122 in year two, and 1.133 in year three. Assume also that the price of computers increases by 3% between year one and year two, and by another 3% between year two and year three. the price level is..
Suppose the two states decide that they want to produce 590 units of wheat together (not 590 units of wheat each). What is the maximum amount of cotton that they could produce?
How would I find out by how much the price of water needs to be raised to reduce demand by 40% if the price of elasticity is 2.0.
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