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Computer-driven factories using robots to build an automobile has resulted in workers being laid off. What kind of unemployment best explains the workers' situation?
1. Cyclical unemployment.
2. Tabulated unemployment.
3. Structural unemployment.
4. Frictional unemployment.
potatoes cost janice 0.50 per pound and she has 5.00 that she could possibly spend on potatoes or other items. if she
Presume a person has $80 to spend only on two products: x and y. X cost $4 each, and Y cost $1 each. This person has preferences for X and Y given by What is the utility-maximization bundle of this person?
For each of the following events, indicate whether the AD or the AS curve shifts. In brief describe the reasoning behind your choice.
Your company is trying to decide whether to raise the price of your product from $$7.5 by $0.50 or lower it by $0.50. Given the above information what would you recommend if the sole goal of your firm is to increase the total revenue?
(a) Calculate the number of firms on market
store-front web sites make money like many traditional business by selling products or services for a pre determined
Eve bought defective ball bearings from Saginaw Corp. Alfred was the sole shareholder of the company and also its landlord. After Alfred sold all Saginaw's assets, he withheld enough money to cover the rent that Saginaw owed him. As a result Sagin..
raise or lower tuition? suppose that in an attempt to raise more revenue nobody state university increases its tuition.
what is the primary requirement for a market to be competitive is competition necessary for markets to work well why or why not how does competition influence the following: (a) the cost efficiency of producer, (b) the quality of products, and (c)..
suppose a firm has the production technology shown below for goods 1 and goods 2 and respond to the following with an
2). What unique risks face the firm in its attempts to gain more of a global presence. 3). How does going from a private to a publicly traded firm affect UPS's decision-making process.
the accompanying table shows a boat manufacturers total cost of producing boats.nbspquantity of boatstotal
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