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For this discussion, think about where you work or a business you have a significant amount of knowledge about. What is a common product that the business sells? What are the main costs the business has to incur in order to be able to sell that product? Which of these costs are fixed and which are variable? How much additional costs would be incurred if it were to sell one additional unit of that product (marginal cost)?
Write a discussion thread about this business, the product it commonly sells, and your answers to the above questions.
The name of the government agency that insures commercial bank deposits is the:
Assume the graphs represent the demand for utilize of a local golf course for which there is no significant competition.
the student has decided to save money in equal monthly amounts for 48 months and then pay cash. If the student earns 0.75% per month interest on the money she saves, how much money is the monthly savings?
What do economists mean when they say markets are mutually interdependent? Give an example to support your explanation
explain the overall impact of the wage decline on hours of work. Is your worker on the forward-rising or backward bending portion of the labor supply curve.
You are the manager of a firm that receives revenues of $60,000 per year from product X and $70,000 per year from product Y. The own price elasticity of demand for product X is -2.5, and the cross-price elasticity of demand between product Y and X is..
Prices perform a rationing function by A. eliminating scarcity in the market. B. making sure that buyers do not have to wait for goods. C. allocating goods to the buyers who are willing and able to pay the highest price. D. allowing? high-demand buye..
When the work was complete, Chuckrow paid Gough the original contract price but refutilized to pay him for the additional cost of reerecting the trusses.
Conduct an online search for “green awards” to learn about the various awards programs recognizing environmental consciousness and sustainable practices. Select one that recognized a business for a sustainable marketing practice and develop a brief p..
Illustrate what is the lowland of far southeastern India that borders the Indian Ocean also contains the city of madras.
Explain where in the U.S. balance of payments an entry would be recorded for each of the following:
Give an example of a government created monopoly. Is creating this monopoly necessarily bad public policy?
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