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Factories for producing computer chips are called "fabs." As the semiconductors used in computer chips have become smaller and smaller, the machines necessary to make them have become more and more expensive. According to an article in the Economist magazine: To reach the economies of scale needed to make such investments pay, chipmakers must build bigger fabs .... In 1966 a new fab cost $14 million. By 1995 the price had risen to $1.5 billion. Today, says Intel, the cost of a leading-edge fab exceeds $6 billion. Why would the rising costs of chipmaking machines lead chipmaking companies, such as Intel, to build larger factories?
consider a supplier of agricultural equipment who is deciding how much of two products should be produced by his
the state of glottamora has 100 million remaining in its budget for the current year. one alternative is to give
If a small country wants to protect its domestic producers from more efficient foreign competition by imposing an import tariff, will it come out ahead?
Using an indifference curve, illustrate Lorne's decision if he decides to work 10 hours per day. Calculate, and in your diagram, identify, Lorne's quantity of leisure, supply of labour, and consumption. What is the price of leisure
Provide examples of a variable that affect the supply curve and a variable that affects the demand curve.
Normal 0 false false false EN-US X-NONE X-NONE Find three times in history..
Suppose Macroland is currently producing 40 guns. What is the maximum number of units of butter Macroland can produce if it continues to produce 40 guns
Interested in looking at the relationship between the number of people on the sales force and the dollar volume of sales.The following data
Mr. and Mrs. Ward typically vote oppositely in elections and so their votes "cancel each other out." They each gain two units of utility from a vote for their positions (and lose two units of utility from a vote against their positions). However, ..
River Ridge Music School borrowed $30,000 from the bank signing a 6%, 6-month note on November 1. Principal and interest are payable to the bank on May 1. If the company prepares monthly financial statements, what adjusting entry should the company m..
What is the value added at each stage? Calculate GDP using the „value-added" approach.
consider the table below for the neighboring nations of northland and west coast. the table lists the maximum feasible
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