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Materials used in the operation of a factory, such as cleaning supplies, that are not an integral part of the final product should be classified as:
A) direct materials.
B) a period cost.
C) administrative expense.
D) manufacturing overhead.
Use supply and demand analysis to describe why equilibrium price of apples will increase and the equilibrium quantity will fall if an excise tax is levied on apples.
as an economist for abc plastics your boss has asked you to respond to some questions she has regarding the companys
There are 100 consumers, each of whom values a concert ticket at a unique whole number dollar amount between $1 and $100. One customer is willing to pay $1, a second is willing to pay $2, a third is willing to pay $3, and so on. An unlimited numbe..
1. you are considering employing manufacturing workers in japan in 1987. directly analogous workers for an
Assume that the farmer's objective is to minimize the cost per cow of buying any com- bination of these three feeds that satisfy the daily nutrient requirements of the cow.
Compute the marginal product of labor when 9 units of labor are utilized. Assume the firm can hire labor at a wage of $10/hr and output can be sold at a price of $100 per unit. Determine the profit maximizing levels of labor and output.
improve life style decsisions by reducing smoking, alcohol consumption, and drug use, imporve overall educational attainment so people can better follow the advice from the medical community.
Suppose that the level of capital in the economy is 200 units, the depreciation rate is 10%, and the level of investment is equal to 10 units. In this case:
Which of the following events would cause a movement along the demand curve for U.S. produced clothing, and which would cause a shift in the demand curve?
Philips Curve: Assume an economy recently suffered a demand shock and is currently in a recession. Assume that in response to a recession, there is a large boost in government spending
A firm has total cost function TC = 2x^2 + 3y^2 -3xy -3x +30. Find the optimum bundle of x and y that will minimize the cost. (Use cramer's rule)
For a developing country to grow, it needs capital. The major source of capital in most countries is domestic saving, but the goal of stimulating domestic saving usually is in conflict with government policies aimed at reducing inequality
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