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1. Suppose that you can schedule a worker up to four hours per day. The benefit function is given by B(H) = 500H 22.5H2 and the cost function is given by C(H) = 100 + 15H2. The corresponding marginal benefit and marginal cost functions are given by MB(H) = 500 45H and MC(H) = 100 + 30H. What is the best choice of hours for this worker?
the following question requires complete understanding of interactions between production and profit maximization. be
Carefully describe what will happen as we move from short run to a long run equilibrium in a monopolistically competitive industry if companies are making a positive profit in the short run.
Business Week, in an article dealing with management, wrote, "When he took over furniture factory three years ago. Realized almost immediately that it was throwing away at least $100,000 a year worth of wood scrap.
The interest rate required by investors on a debt security can be expressed by the following equation: Interest rate = RRF + IP + DRP + LP + PRP + CRP.
Which line items and totals would change, by how much would they change, and what would be the resulting values in the following Income statement and balance sheet
What is the income elasticity of demand for Camrys at equilibrium? What is the equilibrium price and quantity in the market for Toyota Camrys?
1.Can taxes be used to relieve poverty?
You propose the following portfolio: 20% in A, 25% in B, 30% in C and 25 percent in government securities invested at the risk free rate. Suppose rate of return on A is 17%, B is 8 percent, C is 12%, risk free is 5 percent.
Determine the demand function and inverse demand function for good x. Graph the demand curve for good X.
Think of a time when you were involved in strategic decision making. This could be a business situation or a personal condition. It could be anything from buying inputs for a producing company,
Prepare a recommendation for each company. Should your recommendations be the same for both companies? If not, what are the differences?
1.Explain how equilibrium would be restored in the circular flow of income if there were a fall in investment.
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