Their increased ability to compete on world markets

Assignment Help Business Economics
Reference no: EM131090271

The U.S. Department of Commerce has estimated that if U.S. manufacturers use metric measures, their increased ability to compete on world markets should increase by about $600 million and thus benefit the U.S. economy by between $1.2 billion and $1.8 billion.

Reference no: EM131090271

Questions Cloud

Should the hospital proceed with the advertising campaign : A hospital anticipates that spending $100,000 on an advertising campaign will increase bed days by 1,000. The marketing department anticipates that each additional bed day will yield $2,000 in additional revenue and will increase costs by $1,200. Sho..
What occurs in the labor market when the prevailing wage : What occurs in the labor market when the prevailing wage (price) exceeds the equilibrium wage (price)?
Firm labor demand and labor supply equations : A firm’s labor demand and labor supply equations are shown below. The workers, thinking that their wages are too low, decide to strike. After tense negotiations, the firm decides to raise the wage by 20 percent.
Decreases the quantity of labor demanded at all price levels : A decrease in demand for labor decreases the quantity of labor demanded at all price levels. Assuming the shift in demand is due to a slowing economy, what is the result?
Their increased ability to compete on world markets : The U.S. Department of Commerce has estimated that if U.S. manufacturers use metric measures, their increased ability to compete on world markets should increase by about $600 million and thus benefit the U.S. economy by between $1.2 billion and $1.8..
Would it still be wise to offer discount for cardholders : You are in charge of managing a small group of rental car offices. Some customers are Costco and/or AAA members (“cardholders”), and these customers have been getting a discount on the weekly rate for the economy cars that you rent. For the time bein..
Enrollment have to be for the university to break even : A university schedules summer school courses based on enrollment. The cost for faculty compensation, laboratories, student services, and allocated overhead for a computer class is $8500. If students pay $420 to enroll in the course, how large would e..
Effective communication in the workplace : What are your thoughts on effective communication in the workplace? Make sure to discuss motivation of employees through good communication and how that person handles communicating change or difficult decisions made by management.
Discuss the pros and cons of using social media : Discuss the pros and cons of using social media such as Linkedin,Facebook,and online blogs as part of an integrated marketing communications stragey in the marketplace live simulation? Marketing

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 visualize you are a manager for good or service used

q1. visualize you are a manager for good or service used. from results of the deterioration equation recommend

  Compare the initial full employment equilibrium

Consider the AD/AS model built from the IS/LM. The economy was operating at full employment, but it is suddenly hit by a negative demand shock in the form of a decrease in planned investment at each level of the real interest rate. Compare the initia..

  Q1 in the short run the interest rate parity model is

q1. in the short run the interest rate parity model is considered to be important in determining the expectations about

  The production theory in the long run

Draw the isocost line corresponding to a total cost of $10,000 is: 50 L + 100 K. TC = w L + r K, where L is the quantity of labour, K is the quantity of capital, w is the price of labour, and r is the price of capital. And draw the isoquant curve on ..

  What will happen to jill consumption in first period

What will happen to Jill's consumption in first period when interest rate increases. Is Jill better off or worse off than before interest rate increase.

  Elucidate the two factors that can cause the nation real gdp

Assume that the Keynesian short-run aggregate supply curve is applicable. Elucidate the two factors that can cause the nation's real GDP to increase in the long run.

  Judy should finance the expansion with the bank loan

The cost of expanding trade credit using the approximation formula is less than the cost of the bank loan. However, the true cost of the trade credit when compounding is considered is greater than the cost of the bank loan.

  Determine the autarky equilibrium

Consider a nation that produces food (Qf) and clothing (Qc) according to the following production functions: Qc=sqrt (Lc) Qf=sqrt (Lf) where, Lc and Lf are the number of hours in production of clothing and food respectively. Determine the autarky equ..

  Find cournot-nash equilibrium output-profit of each firm

Consider a Cournot duopoly with the inverse demand p = 130 ? Q. Both firms have constant marginal and average cost MC = AC = 10. Find the Cournot-Nash equilibrium output and profit of each firm. Calculate the consumer surplus and DWL.

  Exist when they shut down their operations and conditions

Identify firms that periodically shut down their operations. What are the conditions that exist when they shut down their operations and the conditions that exist when they resume their operations? Explain your reasoning.

  Compute the depreciation schedule for the machine

A piece of construction machinery costs $5000 and has an anticipated $1000 salvage value at the end of its five year depreciable life. Compute the depreciation schedule for the machine by: Straight line depreciation;

  Influence peoples decision-making regarding fuel efficiency

How might you use information about design concepts to help you make future decisions? For example, when reading studies reported in newspapers or magazines how will the nature of the study influence your decisions to either take action or change you..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd