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The demand for 1,000 units of a part to be used at a uniform rate throughout the year may be met by manufacturing. The part can be produced at the rate of 3 per hour in a department that works 1,880 hours per year. The set-up cost per lot is estimated to be $40, and the manufacturing cost has been established at $5.20 per unit. Interest, insurance, taxes, space, and other holding costs are $3.10 per unit per year. Calculate the economic manufacturing quantity.
As the Euro appreciates in value relative to the U.S. dollar, what happens to the price of U.S. goods in Europe. Elucidate what happens to the price of European goods in the U.S.
When on leave, workers receive 55% of their normal paya. Illustrate what are the likely responses on the demand (employer) side of the market.
Exportof goods and services to foreigners is $1 million and import of goods and services from foreigners is $1.5 million.
Delineate which marketplace participants you believe benefited from the final court decision also whose interests were harmed.
based on market research a film production company in ectenia obtains the following information about the demand and
What he didn't foresee was that number of T-shirt stores in South Padre would jump from roughly 10 to 40 within two years. Now he laments.
problem-solving questionuse the following data for a firms output at various levels of employment l to calculatea its
q. 1. country z is a developing country that is facing problems of deforestation. for agriculture farmers are clearing
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
f the money supply is Ms1 and the goal of the monetary authorities is full-employment output Qf, they should:
Most industrial farms hire migrant workers, so the market for such workers is reasonably taken to be perfectly competitive. Suppose that all farms individually have a short-run elasticity of labor demand of –0.5. Explain why the reduction in employme..
Discuss a situation in which both parties entering into a contract could benefit from slightly ambiguous language contained in the agreement.
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