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Select one business and discuss the type of business structure this firm has. Discuss the following questions: 1. identify the business and determine the general type of business structure—perfectly competitive, monopolistically competitive, oligopoly, or monopoly. 2. Name the attributes of this business that you believe determines its market structure. 3. Why did this firm select this type of business structure?
assuming the price of labor is 6 per unit and the price of capital is 12 per unit compute the total variable costs the
What order quantity would you advise and how much can they save using your recommendation instead of their one order per year strategy.
Demonstrate the short-run effect of this tax cut using the IS-LM model also the AD-SRAS-LRAS model. Illustrate what will take place to o/p also the interest rate.
The economy has recently turned around, and one of your colleagues suggests that you could hire 25 people for $50,000 per employee to do the sales job as independent agents at a cost of goods sold (COGS) of only 0.5%. What concerns might you have abo..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 110 - 0.5P, and the marginal cost of production is $140. Determine the optimal number of units to put in..
For each of the following situations, decide whether the bundle Lakshani is considering optimal or not. If it is not optimal, how could Lakshani improve her overall level of utility? That is, determine which good she should spend more on and which go..
1. you are the manager of a racquet club as well as you want to determine the best cost for local rentals. assume that
assume that government establishes a cost floor below market equilibrium for rents on how utilizing. Illustrate what will be main effects of this cost floor. Demonstrate your answer graphically.
Draw an accurate figure showing how the glass firm minimizes its cost of production. What is the equation of the (long-run) expansion path for a glass firm? Illustrate this path in a graph. Derive the long-run total cost curve equation as a function ..
Assume that your current university is the only institution offering online MBA program. Assume also that there are clear advantages of online program over brick and mortar school - such as the flexibility. Which alternative would be better for your ..
______The term standardization means
How do we take advantage of the major opportunities and threats that the US faces as the world becomes one global marketplace and how do we deal with the downsides?
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