Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assume you have been hired as a managing consultant by a company to offer some advice that will help it make a decision as to whether it should shut down completely or continue its operations. It currently uses 100 workers to produce 6,000 units of output per month (working 20 days / month). The daily wage (per worker) is $70, and the price of the firm's output is $32. The cost of other variable inputs is $2,000 per day. You are told that the firm's fixed cost is "high enough" so that the firm's total costs exceed its total revenue. The marginal cost of the last unit is $30.
This assignment allows you to determine the specific details about this fictitious company in order to conduct an environmental scan of this company.
Write a three to four (3-4) page paper in which you:
Your assignment must follow these formatting requirements:
The specific course learning outcomes associated with this assignment are:
Suppose that the economy is currently at potential output. Also suppose that you are an economic policy maker and that a college economics student asks you to rank.
The effect of trade sanctions imposed on Iraq limiting Iraq's production of oil after the 1990 Gulf War on the oil market is best shown graphically with a price ceiling below equilibrium price.
Elucidate the impact does the dollar appreciation have on the firm's international competitiveness.
Amend the diagram and use similar algebra to figure out Illustrate what happens again.
Elucidate what impact will this change have on the price level, output, and employment in the short run in the United States.
In what industry will a given percentage increase in production workers result in the largest percentage increase in output.
Assuming sum-of-years digits depreciation, what book value will Model-I have after two years.
Using the Lagrangean multiplier approach calculate the optimal (i.e., service maximizing) combination of medical and social staff. Determine the optimal amount of service provided by BF.
What output market with the appropriate starting position and show what effect the contractionary policy would have in the output market.
For each option calculates the profit-maximizing price and quantity. Which, if any, of these compensation schemes would alter the deadweight loss from monopoly.
Describe the characteristics of optimal contracts in principal-agent problems when the agent (manager) is risk neutral.
Illustrate what are the major similarities also differences among the name-your-own-cost model also the electronic tendering system.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd