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1. For 2012, Bayside Corporation sold 130,000 units of its product for $35 each. The variable cost per unit was $30, and Bayside's margin of safety was 30,000 units. What was the amount of Bayside's total fixed costs?
Find the current equilibrium price and quantity. Suppose the government imposes a $5 per unit excise tax on the product (charged to the supplier). Find the new equilibrium price and quantity.
The accompanying table demonstrate a car manufacturer's total cost of manufacturing cars. Calculate manufacturer fixed cost
Calculate the arc cross elasticity between Product B and Product A. Is B a substitute or complement for A? Explain. Does Product A follow the "law of demand"? Explain.
Based on predatory pricing theory, the predatory company sets price below marginal cost, the relevant cost of production. Competitors must then lower their prices below marginal cost,
Describe the "passing the baton" approach to CEO succession. What other methods are used? Is the likelihood of CEO turnover related to firm performance? Give several examples to support your position.
Dr. Filly invests $100 in a risky asset and a risk free asset. The risky asset has an expected return of 12 percent and a standard deviation of 15 percent, while the risk-free has a return of 5%.
What is the cooperative outcome and What is the noncooperative outcome - will they choose the cooperative outcome?
The objective is to understand the vertical boundaries a company or firm or organisation from the perspective of the vertical chain and the production process.
What is the total cost of producing the quantity of tires you found in your answer to question 5-23(a)? And the average cost?
Ajax Cleaning Products is a medium-sized firm operating in an industry dominated by one large firm- Tile King. Ajax produces a multiheaded tunnel wall scrubber that is similar to a model produced by Tile King. Ajax decides to charge the same price as..
Coca-Cola and PepsiCo are leading competitors in market for cola products. In 1960 Coca-Cola introduced Sprite, which today is the worldwide leader in lemon lime soft drink market and ranks fourth among all soft drinks worldwide.
1.Why, under oligopoly, might a particular industry be collusive at one time and yet highly price competitive at another?
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