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Background information in comments!!!!
a. What is the fixed cost of running this business for one year?
b. What is the marginal cost of selling one set of earrings? Does the marginal cost change depending on quantity sold? If so, how?
c. If Mel’s goal is to maximize economic profit, how many bags does she sell?
d. What is the explicit cost of running this business for one year?
e. What is the implicit cost per year?
f. What is the economic profit of the business, per year?
g. What is the accounting profit, per year?
What is expected salary of a CEO who has been with company for years. Construct a 95% confidence interval on prediction for average CEO who has been with company for 10 years.
In an application of the Harrod-Domar model, suppose the only final-goods industry in a country is the making of cotton shirts. The factories, machinery and warehouses used in production were purchased previously and are still worth $3 billion. What ..
Mars Inc manufacturers M&Ms the milk chocolate comes in a variety of colors: blue brown green orange red and yellow the overall proportions for the colors are 0.24 blue, 0.13 brown, 0.20 green, 0.16 orange, 0.13 red and 0.14 yellow in a sampling stud..
Management has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following p..
Assuming that the price of fuel is $5.00/G and is increasing at a rate of 4%/year while the discount rate is 6% calculate the equivalent level zed price over 20 years
What did the Civil War change any opportunity costs in the South. Did the opportunity cost of everything rise? Or did items cost less.
q1. assume a small nation has following statistics its consumption expenditure is 15 million investment is 2 million
Johnny has allocated $30 toward coffee and tea and feels that coffee and tea are perfect substitutes. Due to differences in caffeine levels, his MRS of tea for coffee equals 2.
suppose there are two diners. What will they order (at a Nash equilibrium)? b)suppose there are four diners. What will they order (at a Nash equilibrium)?
Using the formula for β^1 and β^0, show what will happen to the estimator of the slope and intercept in the SLR model if y is multiplied by the constant k, and at the same time x is multiplied by the constant m.
Enron will be an example of a dysfunctional organization for many years to come. It was clearly a organization riddled with fraud also excess also its conduct drove it into bankruptcy.
q.your bike is worth 200 and if you park it outside on campus there is a 10 chance that it will be stolen.a. what is
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