### Setup between each design takes hour and costs

##### Reference no: EM131089797

A sports store puts designs 12 different designs on sweat shirts. Setup between each design takes an hour and costs \$18,000. Once setup, at a cost of \$8,000 they can produce 1,000 units. Does this production exhibit scale economies or scope economies? Please show the appropriate rationale modeling you use.

#### Assuming that the velocity of money is constant

Assuming that the velocity of money is constant, if a country has an average annual growth rate of real GDP equal to 3%, then what is the average annual rate of money growth t

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The final project for this course is a written International Investment Report. Your company wants you to research a possible investment in a foreign country. Please pick a co

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A firm can manufacture a product according to the production function: Calculate the APL when the level of capital is fixed at 16 units and the firm uses 16 units of labor. Ho