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1. Small mistakes are the stepping stones to large failures. How might this saying apply to this lesson, as well as do you agree? In the response, provide an example of a seemingly small mistake with large consequences.
2. Why knowing or estimating the product demand as well as so crucial for a firm? In the response, include an example of a business that has suffered from poorly estimating the demand as well as of its products. Evaluate how or why the business made such a mistake.
3. Honda uses flexible plants in the manufacturing of its cars. Discuss whether this method of production results in optimum output.
4. Discuss whether economies of scale have any relevance to such companies as Wal-Mart.
5. In the hope of high returns, venture capitalists provide funds to finance new (start up) companies. However, potential competitors as well as structures of the market into which the new firm enters are extremely important in realization of profits. Among different market structures, which one do you believe provides the highest possible return for a new company as well as why?
There is some evidence that during the 4th century in the Roman empire, public officials were paid in kind or “in equivalent prices”, instead of coins. What can be inferred from this?
q1. select two products or services with which you are familiar - one produced in the u.s. and the other produced in
Its demand curve can be written as P = 160 - Q and its short run total cost curve is equal to TC = 1000 + Q^2. What is the rate of output that maximizes ZZZ, Inc.'s short run profits?
Omar's marginal utility for cups of coffee is constant at 1.5 utils every cup no matter elucidate how many cups he drinks.
Illustrate wwhat is the effect on the market for one hour of babysitting services in Middling today.
Shadow Bank 411 buys $3 million more securities in the market and "pays" for them with its account at Bank 411. Bank 411 borrows $3 million more as a first response.
Electoral College system take a country named know land that has. Suppose there are 9 small states in know land where each have 1 million people in.
Compare the market-wide result of the individual perfectly competitive firms' choices of profit-maximizing output level with the choice of the monopolist. Explain the implications of the break-up for the profitability of industry members, for soci..
Suppose apples also oranges are substitute. Presume apple growers launch a very successful advertising campaign that convinces consumers apples are a better product.
Identify changes in market conditions and their effect on equilibrium price and quantity for the following events:
The private marginal benefit for commodity X is given by 50-5 X , where X is the number of units consumed. The private marginal cost of producing X is constant at $10. For each unit of X produced, an external benefit of $5 is imposed on membe..
Illustrate what will be the effect of the different tools of fiscal approach to stabilize the economy
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