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Q. Based on the production function parameter estimates reported:
a. Which industry (or industries) appears to exhibit decreasing returns to scale? (Ignore the issue of statistical significance.)
b. Which industry comes closest to exhibiting constant returns to scale?
c. In which industry will a given percentage increase in capital result in the largest percentage increase in output?
d. In what industry will a given percentage increase in production workers result in the largest percentage increase in output?
To one side maximizing profits evaluate the factors which managers must consider when making judgment to outsource or integrate forwards/backwards considering which factor would be mainly significant for decision-making.
Is it a local, regional or national monopoly. What are some of the Barriers to Entry into this industry.
A company's cash sales for the month are $200,000 and its accounts receivable payments for the month are $100,000. What is its total incoming cash flow.
Calculate the four combinations of outputs of corn and rice for these 4 plans.
A firm with a U-shaped average cost curve finds that its costs exceed its revenues when it sets price equal to marginal cost.
Roma was a schoolteacher and earned $40,000. But she enjoys creating cartoons, so at the beginning of 2003, Roma quit teaching.
A perfectly competitive external market for the intermediate product exists, and an imperfectly competitive external market for the intermediate product exists.
Elucidate the marginal revenue from the fourth worker
For each option calculates the profit-maximizing price and quantity. Which, if any, of these compensation schemes would alter the deadweight loss from monopoly.
Compare and contrast the Nielsen rating or a given episode on a TV series with the comments posted about the same show on TOP.
Choose whether to hire a new person in the marketing department or upgrade your computer system.
Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations.
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