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Jim is considering quitting his job and using his savings to start a small business. He expects that his cost will consist of a lease on the building, inventory,wages for two workers, electricity ,and insurance.
a. identify which costs are explicit are which are opportunity(implicit)cost.
On her employment application, Rhonda disclosed that she had been convicted of 2 misdemeanor larceny. Those convictions made it unlawful for her to become an employee of Midwest without FDIC approval. Midwest proceeded with its working relationshi..
Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software If the numbers of home and commercial users are equal
GDP is $14 trillion. government wishes to increase real gdp to 15 trillion. marginal propensity to consume (mpc) is 0.8, and every $1.00 increase in real government spending crowds out $0.50 in real planned investment expenditures
Illustrate and discuss the questions that emerged from Walras research strategy.
Elucidate what is the residual demand elasticity facing one firm at the competitive equilibrium.
Explain how can these limits to reimbursement be viewed as the exercise of monopsony power.
Illustrate what would shoppers see when they shopped in Wal-Mart and the other "big box" stores that sell so many imported items
After two quarters of increasing levels of production, the CEO of Canadian Fabrication & Design was upset to learn that, during this time of expansion, productivity of the newly hired sheet metal workers declined with each new worker hired.
Elucidate the six costs associated with inflation and evaluate which if any of the costs are important for the average consumer.
In which of the following circumstances is expansionary fiscal policy more likely to lead to a short-run increase in investment? Explain?
Dividends $1.12 and the multiple is 15 show mathematically. Explain how long Gina has to hold the stock to justify its multiple.
Elucidate the relationship among budgeting and financial reporting in government.
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