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Discussion Post 4 :Honda uses flexible plans in the manufacturing of its cars. Discuss whether this method of production results in optimal output.For further information, read The Wall Street Journal, September 23, 2008, p. B1.250 words in length, APA format w/ references. Assignment will be turned in to turnit.com
A doctoral student has just completed a study for her dissertation and found the following demand and supply schedules for hand held computers to be as follows:
Data for a monopolist’s total revenue (tr), total cost (tc), and output (q), for 48 consecutive months, appear in the file data#1. Suppose that the monopolist’s economic models for total revenue and total revenue and total cost are given respectively..
If the goal of the transit authority was to maximize total revenues, what is the new price it should set? Also, what would the total revenue raised in this new price scheme?
Find Lee's Marshallian demands for goods 1 and 2, and his indirect utility function and what is the highest price 15 at which Lee will buy from this retailer rather than wait to purchase in the market?
How can uncertainties affect a project? What impact can an unfavourable uncertainty and a favourable uncertainty have on a project? Provide examples. Your response should be at least 200 words in length.
1.nbsp as a consequence of the problem of scarcitythere is never enough of anything. individuals have to make choices
A town in the middle-of-nowhere is built up around a large 100 meter hill. Since the hill is in the center of a town, it is proposed at a town-hall meeting that a water tower be placed at the top of the hill
Atlas Transportation is considering installing temperature logger in all its refrigerated trucks for monitoring temperatures during transit. If the systems will reduce insurance claims by $40,000 per year for 5 years how much should the company be wi..
The manufacturer of high-quality flatbed scanners is trying to decide what price to set for its product. The costs of production and the demand for the product are assumed to be as follows:
Economies of scale and efficiency
What is the profit maximization output for this monopolist? How much total revenue does it earn at this profit maximization level of the output? Suppose that the marginal cost increases to $20. How does total revenue change?
Government Purchases, Measurement of Unemployment and Consumer Spending - Short summary pertaining to the economy's stage in the business cycle.
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