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Briefly discuss "Michelin" guide in the restaurant industry.
Define marginal product of factors K and L in the production function Y = F (K, L).
a. Draw the production possibility curve b. Who enjoys the absolute advantage of producing both? c. Who has higher opportunity cost of making T-shirts?
Identify two companies that have been using SOA as a systems development methodology. What specific advantages has SOA offered these companies?
Read the articles the Kraft-Heinz merger & the monopoly on food. Why does the government grant patents to companies that research new drugs?
Given the distribution above what is total social welfare. What distribution of income would maximize the Social welfare function?
What is a government budget deficit How does a federal budget deficit affect the economy How does it affect the level of investment and interest rates How does it affect the individual consume
Define and explain the relationship between total revenue, average revenue, and marginal revenue for a monopolist. What is monopoly profit Should a monopolist produce quantities of product greater than which would maximize profiits
Assume there are 12 firms in an industry. The percentage of total sales is given in the following table:
From both fiscal policy and monetary policy approaches, should the Government a. balance the budget b. not balance the budget?
Why are minimum-wage laws a better explanation for structural unemployment among teenagers or among college graduates?
What do you believe is the most critical task as a project manager? What role should they play (a coordinator, a technical advisor, a consultant, a coach, a manager, a bridge between project team, upper manager and customers or a combination of al..
Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks and compact cars. What fundamental economic question are they addressing by making this range of products a. How to produce goods..
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