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A firm currently uses 50,000 workers to produce 120,000 units of output per day. The daily wage per worker is $100, and the price of the firm's output is $48. The cost of other variable inputs is $400,000 per day.
Assume that total fixed cost equals $900,000. Calculate the values for the following four formulas:
Complete the following:
Provide a report to the management of the firm that discusses what should be done.
Be sure to show your work to support the decision that you outline in your report.
Describe four changes to the traditional 7-Eleven supply chain that the move to fresh foods will require. In addition, discuss four advantages that 7-Eleven can gain by outsourcing all or most of the fresh food supply chain responsibilities.
describe the process of - determination of the exchange rate between currencies. show a diagram. explain fixed vs.
select a new realistic good or service for an existing industry.write the economic analysis section of a business
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Jack’s construction company is considering the purchase of new equipment at a cost of $10,500; with an estimates salvage value of $500 and projected useful life of 4 years. Determine the straight-line (SL), sum of year's- digit (soyd) and double decl..
Which of the following is the primary disadvantage of producing inputs within a firm?
Assume the damages resulting from a particular type of pollution are uncertain. Policy makers are able to asses the average level of damages, and can choose a policy instrument that will internalize the average level of externality leading to what..
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a company has sales of $30 million. A million dollar advertising campaign increases sales $10 million to $40 million, but a two million-dollar campaign raises them $15 million to $45 million. Which of the following can U.S authorities NOT do to con..
Suppose the consumption function is: C = a1 Yd + a2 WRE/S + a3CC Where all the a's (the sensitivity parameters) are greater than zero. Initial conditions: Let a1 = 0.60, a2 = 0.04, a3 = .5, WRE/S = 18,000: CC = 90 Solve for C in terms of Yd. Se..
Normal 0 false false false EN-US X-NONE X-NONE A quality control engineer ..
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